A Summary Of Walmart's Ethical Issues

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The Ethical Issues of Walmart Corporation Walmart is one of the largest supply chains in the world. The firm has been growing tremendously over 40 years in terms of market share, market capitalization and it continues expanding to other regions in the global market. The Walton family is the founder of the organization and the party posses nearly 90 percent of the company’s asset and capital. Although Walmart performs fairly well in the business operations and it generates substantial profits for its investors. Furthermore, the business has increased its stock value and financial capability in the last three decades by implementing good business strategies in many regions, especially in the U.S. Consequently, Walmart has been accusing …show more content…
In order to meet its substantial amount of goods, Walmart demands foreign employees to work long hours with minimal wages. For instance, one woman has worked more than 70 hours per week in the Walmart factory in Bangladesh, but only earned $37/month for more than 6 consecutive months (Ostendorf, 2015). Likewise, the unsafe working condition in Walmart’s workplace is another critical issue for its workers. For example, Jdimytai Damour was killed in the New York factory due to the Black Friday shopping deal (Obernauer, 2015). Therefore, the Occupational Safety and Health Administration (OSHA) levied a $7,000 fine to Walmart due to unsafe place. Moreover, OSHA also fined Walmart $365,000 for its safety violation in the workplace (Obernauer, …show more content…
Equal employment opportunity, including fair wages, a safe workplace, and fulfill all the working laws from governments. A great leadership will lead by example will support their firms to win the majority of supporters in their organizations. Frenkel, Sanders, & Bednall, (2013) insist that job satisfaction is one of the most essential aspect motivating employees to perform at the superior performances in the workplace. Thus, employees will respect to the code of conduct and the mission and objectives of the firm that they have employed (Frenkel et. al, 2013). Equally, an intellectual company knows how to show employee appreciation by encouraging the value of company is the first priority to prevent any unethical behaviors or tactics that may occurs occasionally. Finally, hire right candidates will help companies achieves their goals and objectives in terms of financial performance and avoid unethical behavior to improve an organization’s image and reputation in the society. According to Manjoo (2013), Google is one of the best places to work in the U.S. Google has a great culture, friendly working environment, and the firm does a great job to take care their employees by offering great pay packages, free meals at work and fair wages between men and

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