Ethical Ethics Of Walmart

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Walmart is one of the biggest retail company in United States earning $485.7 billion in revenues in 2015. In 1945, before Walmart organization was assembled, Sam Walton purchased a brand of the Ben Franklin Stores from the Butler Brothers. His main purpose was to sell merchandises at low costs to get higher volume sales at a lower profit margin. It was troublesome at first because the lease cost and branch buy were strangely high, but he could discover lower-cost suppliers than the ones used by different stores. The sales expanded 45 percent in his first year of ownership to $105,000 in yearly income, which raised to $140,000 the following year $175,000 and the year after that. Within the fifth year, the store was making $250,000 in profit. …show more content…
Walmart also took a definitive measure of setting up CCTV in every store and even had spent money on corporate jets to ensure immediate response of anti-union actions. These spendings total up to more than US$7 million to ensure the anti-union aggression.Although Walmart is not breaking any legal laws it is definite that how they treat their employees are unethical and is not a healthy business practice. This is also only possible because Walmart is already a huge private sector employer and has enough asset to cover their huge non-operating …show more content…
According to Walmart, people stealing merchandise and running away is nothing compared to more serious crimes like murdering a person inside the store. It is proven that more than 200 violent crimes have occurred in Walmart, including attempted kidnappings, shootings, murders at the nation’s 4,500 Walmarts. So approximately there is one crime per day that occurs in Walmart. Even though Walmart is not the safest place to shop at, they are still one of the most leading grocery store in the industry because of their low prices of

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