Walmart Ethical Analysis Essay

1828 Words Mar 17th, 2013 8 Pages
Wal-Mart Ethical Analysis

Abstract
Wal-Mart prides itself on having one of the strictest and most stringent ethics policies in the industry. Employees are not allowed to accept any type of gift, including a cup of coffee. And its 1.3 million employees are encouraged to report any ethics violations that they might suspect or see. With having such a strict policy, Wal-Mart faces around 5,000 lawsuits a year from unethical business practices. Wal-Mart's rating as a company that consumers trust and respect has steadily declined in the last few years. Their image is declining due to negative press giving the perception that Wal-Mart is bad for the economy and is unfair to workers.

Wal-Mart Ethical Analysis Wal-Mart was established in
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3. Follow the law at all times. 4. Be honest and fair. 5. Reveal and report all information truthfully, without manipulation or misrepresentation. 6. Work, actions, and relationships outside of your position with the company should be free of any conflicts of interest 7. Respect and encourage diversity and never discriminate against anyone. 8. Ask your manager or the Global Ethics Office for help if you have questions about this Statement of Ethics, or if you face an ethical problem. 9. Promptly report suspected violations of the Statement of Ethics. 10. Cooperate with and maintain the private nature of any investigation of a possible ethics violation. Wal-Mart’s ethics policy, known as their statement of ethics, is considered to be one of the most elaborate due to the constant updating they do as the business faces new ethical and legal challenges. Ethical consideration has changed considerably since Sam Walton managed the company. The negative publicity receives a high amount of consideration from high stake holders which results in questioning the continuous sustainability with their current business practices. Associates are expected to adhere to many policies, which pertain to; conflict of interest, financial integrity, assets, trading practices, etc. Disciplinary actions, including termination, could be enforced towards any associate that violates or chooses to not follow

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