Walmart Business Ethics

There are many opinions on the ethics of the Wal-Mart model, both favourable and unfavourable. The article “ROB Ranks Wal-Mart Among Canada’s Best Employers” (McLachlan, 2009, pg. 287) offers a favourable viewpoint of the model, and the article “The Cost of Walmartization” (McLachlan, 2009, pg. 288) offers an opposing unfavourable view. This paper discusses the theoretical approaches used in each article, along with the supporting evidence that was used in an effort to be convincing.

The values and attitudes in Walmart’s business situation deals with a lot of the overall ethics. This paper will discuss some situations that comes in walmart .ethics. This paper will include clear definitions of organizational values and a description of the organizational values of Wal-Mart. This research is conducted to understand the success of Walmart’s employment rate. The values and attitudes will be related to some examples of other companies and how Walmart was successful. Some arguments that will be addressed in this research paper is basic and common.

As stated on the corporate website (2017), “Walmart is the largest retailer in the world, where 2.3 million associates meet the needs of more than 260 million customers every week.” These numbers are huge, and with so many locations around the globe, they have had allegations been made by employees regarding their dissatisfaction about poor work conditions, gender discrimination, low wages, poor benefits, and inadequate health care. Walmart has been criticized for its policies against labor unions and this issue has prompted public outrage, (Johansson, 2005) which is of great concern for the market. The company has also faced criticism for being anti-union, but it has claimed that it is rather pro-associate, whereby employees

Walmart requires honest and accurate reporting of financial information. All financial records and accounts must accurately reflect financial transactions and events. They must conform to GAAP and to Walmart’s internal controls. No Walmart document or record may be falsified and no undisclosed account of their assets can be established (Walmart 6).

As with any employer policy, a phone use policy should be reasonable, should strike a balance

Discuss: Laws are set rules that may help guide our conduct but they do not always agree. Some ethical issues are not legally required, but ethically warranted. We have recently seen a prime example of someone standing by their ethics, but breaking the law in the recent case of the Kentucky woman refusing to provide a certificate of marriage to a gay couple. There is a connection between ethical behavior within an organization and its chances of long-term survivability. Any unethical issues will come to light at some point and they will destroy the company. Although some unethical behaviors may not be unlawful, they can destroy a brand. Kathy Lee Gifford did not do anything illegal by allowing children in other country to sew her clothing

“If we work together, we’ll lower the cost of living for everyone… we’ll give the world an opportunity to see what it’s like to save and have a better life.” –Sam Walton (“What We Do”)

In the workplace as well as one’s personal life is essential for ethics to be maintained; often taking the right action is not always the most popular choice. It is important for maintaining an upstanding ethical code of conduct to be a productive individual as well as function as an employee in the workplace.

There are sometimes consequences of trying to lower costs to the consumers. One such consequence is that Wal-Mart has been under fire for their employee treatment. They were criticized for low wages and lack of benefits. After it became public about the handling of employees, they suffered a severe decrease in their stocks. In 2006, to help improve relations, Wal-Mart raised pay tied to performance and expanded and improved their health benefits package. They have also been accused of not sticking to proper workplace conditions, discrimination and employing illegal immigrants. In these three cases, Wal-Mart instead of actively addressing these issues, responded by deflecting that they were at fault.

Wal-Mart Stores, Inc. is the world 's largest retail enterprise, with total revenue of $421.8 billion and a net income of $16.4 billion in 2011. 1 It is also the world 's largest employer, with 2.1 million employees worldwide in 2010 2, not including workers hired by its providers. In my opinion, Wal-Mart provides a clear illustration through which to look at how many multinational companies (MNCs) take part in an illegal and unethical behavior. They use their bargaining power and market control to pressure countries to overlook environmental degradation and violation of national labor laws. They dictate expected pricing for products, particularly through imports from overseas countries. Labor is fulfilled mostly by underage and underpaid employees. In the United States, since 2005, Wal-Mart has paid about $1 billion in damages to U.S. employees in six different cases related to unpaid work. 3 Furthermore, Wal-Mart opposes any form of collective action, even when employees are not seeking unionization, but simply more respect. 4 The fact that Wal-Mart opposes unions exist. The company has a long history of fighting them, to the point of closing stores after employees organize. Managers have been instructed to talk to their teams about why unions are so unwanted in their business. Overseas, the company was involved in a series of scandals, including multiple cases of bribery. In April 2012, The New York Times published a story that

The public was scared that purchasing Wal-Mart products could kill them. Unlike Johnson & Johnson, Wal-Mart was not suffering from a murderous product, it was dealing with an image problem and potential legal implications. While Johnson & Johnson was forthcoming and honest about the problems that they faced, Wal-Mart chose to go against its own code of ethics and cover up the problem. While the corporate giant has spent over $650 million on its internal investigation, and it create a Global Compliance program, their actions point to a company that is merely playing damage control instead of a Johnson & Johnson style overhaul.

Wal-Mart would rather bribe factories money to move on and brush it under the carpet instead of taking responsibility for their involvement. So, one would have to think this is not due to the lack of knowledge of the practices in the factories, but the choice to ignore and not care of these practices. In 2012, Wal-Mart choose to “make payments to Mexican officials of more than $24 million noted by The New York Times and in Asia there were 90 reports within a year and half period” (Sethi) to cover situations up demonstrating that money talks.

Wal-Mart, the big giant, the place where a lot of people usually do their shopping for the low prices and the variety of products were founded by Sam Walton. Walton was an entrepreneur with an innovative vision started his own company and made it into the leader in discount retailing that it is today. In fact, Wal-Mart is considered to be the biggest company in the U.S. and it has stores worldwide. According to PBS, “Wal-Mart employs more people than any other company in the United States outside of the Federal government, yet the majority of its employees with children live below the poverty line.”(www.pbs.org) In addition, Wal-Mart likes to portray itself as a seller of U.S. manufactured goods

Ethics can be dangerous to your career. The danger may come not from your own ethics but from the ethics of people around you and the organization of which you are a part. Employees have various moral decisions to make. Many of these decisions should be made on the basis of our moral obligations, but sometimes the morally preferable action could require courage and be performed beyond the call of duty. One defense against involvement in wrongdoing is vocalizing when there are unethical practices being made. While being prepared for organizational challenges that will inevitably test your personal values, moral beliefs, and commitment may be doing the right thing, is it ethical when one’s job is on the line?

In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important