Why Wal-mart can provide such a low price product, from my opinion, there are two main reasons. The company grew to 276 stores in 11 states by the end of the decade. They give millions back in donations to non-profit companies around the country each year, yet put mom-and-pop establishments out ofThe ethical issues of Wal-mart

Instructor’s Name Here Wal-mart has saves the average family an estimated $2329 per year[4].

A company usually minimize its cost by lowest its labor cost and lower its cost when import product. Factors such as increased global competition, economic conditions, technology, electronic commerce, workforce diversity, and ethics have all play a significant role in how business is conducted. Since they have an influence in the company when there are any changes, they become a very importantWal-Mart ignores the rights of the employees, and they have little control on the higher post staffs. The company is guilty of everyday social discrimination;Table of Contents The reason of why Wal-mart can minimize its labor cost is because in most Wal-mart store, Wal-mart is the monopsony, as a monopsony Wal-mart will be the single buyer of the labor force. PredatoryCurrent Ethical Issues in Business 1-Introduction: Wal-Mart had been criticized for its worst CSR practices which includes low wages for the employees (Karen, 2004). It was founded in 1962, with the opening of the first Wal-Mart discount store in Rogers, Ark. This paper will also touch on the following topics, whatIntroduction However, the virtue ethics of Wal-Mart are questionable about the well-beingIntroduction The four traditional functions of management include planning, organizing, leading, and controlling.
The global labor force of Wal-Mart enables this retail giant to continue to grow and succeed by providing lower operating costs. Course: ETHICS IN MANAGEMENT PHL/323

Wal-mart is the largest retailer in the world, which is possibly the most controversial business in America. This paper will obtain information about a researched issue that deals with business ethics. Conclusion 6 Date: May 21, 2008

Ethical Perspectives There are two types of stakeholders, primary and secondary. Michael J. Charley, Deniqua Jackson, Beatina Marshall, Tom Pletzke Although Wal-mart is producing lower cost product to customer, but it also producing lots of ethical issues when it provides this benefit to their customers.

Employee compensation issues 3

A stakeholder is a person or a group that has an investment, share or interest in a business or an industry[1], it can also be classified as anyone that has an influence on the business. The “Wal-Mart: The High Cost of Low Price” is a documentary movie directed by Robert Greenwald and released in the market on November 4, 2005. The documentary argues that Walmart underpays its workers, paying them an average of $17,000 per year (in 2005 dollars).To avoid accusations of a partisan POV, most of Greenwald's interviews are of politically conservative, patriotic, "As the film draws to a close, Greenwald documents the efforts of several communities that have successfully blocked Walmarts from opening in their towns, suggesting that others should do the same.Some reviewers have observed that while the documentary features stories of former employees and residents of communities that Walmart has impacted, it does not sufficiently explore the customers' role in Walmart's financial success, despite its business practices.Walmart has disputed the factual accuracy of the statements made in the film. The Walmart model and the human cost of our low-price goods ... to labor rights issues.

Wal-Mart is the largest retailer in the world; howeverexternal factors affect the four functions of management in the Wal-Mart Corporation.

The legal ethics of this company are asserted globally and would withstand scrutiny in most cases. Being the biggest competition of the retail industry toward the small local business owner, Wal-Mart claims to be one of the reasons why local small businesses areCross Cultural Perspectives

The Wal-Mart Corporation has managed to use the internal and external factorsCurrent Ethical Issue in Business

Netting billions of dollars in profits each year, there are not many other retailers who can compete with them.

The company incorporated as Wal-Mart Stores, Inc., on Oct. 31, 1969. References 7

There are several factors that account for the changes in the way business is conducted today.


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