Wal Mart : Business And Society

914 WordsOct 14, 20154 Pages
• Competitors wish to compete honestly and look to attract new customers from its competitors. They are also consistently looking for the new customer. They have a power to sue or press the government if there is any unfair competition. Wal-Mart is committed to engaging with all of their stakeholders to create the most sustainable and responsible company. (“Business and Society: Stakeholders, Ethics”). As shown on Appendix A, in 2015, Wal-Mart’s revenue and profit increased 2% from the previous year, despite the current economy. The long-term debt in January 31, 2015 was 43,692 million dollars; compared to the 2014 Debt Lowest, this is a decrease (Appendix B). The stock grew between 2011 and 2012. Between 2012 and 2015 it has been stable with little fluctuation. After 2015, stock rapidly decreases (Appendix C). Wal-Mart has seen many legal proceeding over the years, many being environmental issues. The majority of these legal issues have occurred in Mexico and Brazil. For example, in 2011 oil leakage was found in nine stores in Brazil from power generating equipment. In 2013, Wal-Mart was fined more than 82 million dollars in a lawsuit that involved the mishandling of hazardous waste in California and Missouri. The company pled guilty in six counts of violating the Clean Water Act in California. The company has also become a large target for employment issues, not only in the U.S. but foreign countries as well ("Wal-Mart Is Fined $82 Million Over Mishandling of Hazardous

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