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Comparison between two retail companies picked are Walmart and Costco

The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...

Spirituality and Middle class

Somewhere I read; some wise guy drew conclusion after discussing a lot about human faith and  dependence on God; that man created the God! My poor memory does not help me to recapitulate his whole narration but this, his last sentence cast a permanent impression even in my dull brain. In fact history suggests since ancient times where ever human civilization developed in whichever form, they had their own God. Chinese had their own; so the Mayas or Aztecs ;despite of their civilization proliferated on either side of Pacific!

In fact , in the initial stages of civilization mankind felt quite unsecured and vulnerable before wild animals and natural calamities. To hunt or fight they needed strength; that was physical and to brave flood or thunder storm they needed stamina; that was mental.  For both they looked for placebo and that was God.

Well; I don’t want to be dragged into the charge of blasphemy; after all the God is great to provide us unique elixir in terms of ‘hope’. And that helps us to endure with patience, tolerance through ups and downs of life. Though the basic formula of living life is ‘ trust in God but keep your powder dry’. With absolute faith in God no one could ever survive without appropriate protective measures. You are sick; suffering from tuberculosis. Without antibiotic no God can pull you out from clutches of death. But with antibiotic and faith in God can hasten your recovery as you have more mental strength with your faith.

(pic of Indo-Greek God)

Now; as the title of this article suggests, the god and urban middle class; what is the conjunction! In fact; in our urban or metro societies we find many people who can be branded as ‘God fearing’.  They go to temple regularly. offer their obeisance or ‘puja’; draw a ‘Tilak’ on their temple and attend their trade or calling. Like me , there must be many of you surprised seeing optimum corrupt officials or businessmen being so ‘ god fearing’. In their offices the picture of some ‘god or goddess’ hung on the wall, incense sticks are burnt emitting a holy smell all around; and the man within is just waiting like hawk for a vulnerable pray. For him the god is their to keep steady supply of his visitors who would readily grease his palm or give in to his wants.  Go to any Police station to verify this or for a change you may visit income or sales tax offices too. God is every where.

 

Comments

PEFF said…
I would like to humbly contribute to this post that brings a very important issue for the days we are living. Especially for a Hindu, this is a very present issue because its society is culturally rooted in spirituality.
It is a beautiful text on faith as opposed to excessive materialism that violently takes us away from our more spiritual aspect.
In fact, there are points in human history that have been lost due to lack of documentation. Those were times past when gods, demons, angels and fairies walked among us and were a common thing.
Currently, we do not see more of these things and then believe they are legends that do not exist. But there are many people who still see them and they are called crazy, but they are not.
Not long ago, there incarnated in India one of the highest deities ever and the world as a whole did not even notice his existence, it was Shiva in the form of Sathya Sai Baba.
What was his greatest teaching? You are gods, act like the gods you are. It´s no use to worship with fear or for money or to get healthy. Be the gods you are and all your trouble will vanish.
Easy for a free and enlightened deity but difficult for deities like us trapped in the material world.
In short, it is not easy due to the limitations that we are submitted to, but we can move mountains if we really want. And there are many free friendly gods that can help us if we only keep our faith and happines.
Hi, Really great effort. Everyone must read this article. Thanks for sharing.

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