The question of legal, moral, business, and ethical responsibility has been a matter of debate for long. The debate centers around the expected code of conduct in relation to both internal and external parties to business. The discourse also examines the conflict between a business with other parties such as the government and the public. One of the most pronounced cases is the code of conduct of Wal-Mart de Mexico in its penetration of the Mexican market.
The physical location of a business has a profound impact in the success of a business. Wal-Mart executives aimed at securing strategic business locations in Mexico. In this regard, they sought to secure a Wal-Mart store at the Elda Pineda 's Alfalfa Field and other prime locations across …show more content…
It should be noted that there is nothing wrong with wealth accumulation within an organization. Nevertheless, any form of wealth accumulation must be confined to the law.
Being one of the most traded companies, Wal-Mart has already tarnished its name. This may carry grave consequences in both the present and the future. The fact that it is under investigation for violating the Foreign Corrupt Practices Act may add to its legal woes. Thus, Wal-Mart overlooked its legal responsibilities in its strategy of acquiring strategic physical locations in Mexico.
Already, a Wal-Mart shareholder has sued the company over its malpractice in Mexico. Reuters reported that the shareholder 's complaint was that the failure to abide by the law ruined the corporate image and goodwill of the company (Wilmington, 2012).
John Cromwell, writing for Demand Studio, notes that businesses do not operate in a vacuum (Cromwell, 2013). Rather, there is constant interaction between parties who have a relationship with the businesses. For example, you cannot divorce the operations of a business from its neighborhood. There is all the likelihood that the labor of a business is sourced from the neighborhood. Similarly, negative environmental impact of businesses heavily affects the …show more content…
This means the greatest good for the greatest number of people. Wal-Mart 's methods of penetrating the Mexican market rewarded a few influential individuals in the government. Therefore, Wal-Mart de Mexico, with the full blessings of the state officials, ignored the demands and pleas of the Mexican public.
The failure of the company to obey the rules of moral responsibility pushed Mr. D 'Harreira to the wall. His efforts included visiting government archives, examining Wal-Mart 's permit, and an appeal to the public not to accept the status quo. So strong was his conviction that he attempted to bomb the store and die in the bombing. It is unfortunate that the failure of a business to fulfill its moral responsibilities can lead to death. The effects of imprisonment, hunger strike, and ill health led to the death of D
The physical location of a business has a profound impact in the success of a business. Wal-Mart executives aimed at securing strategic business locations in Mexico. In this regard, they sought to secure a Wal-Mart store at the Elda Pineda 's Alfalfa Field and other prime locations across …show more content…
It should be noted that there is nothing wrong with wealth accumulation within an organization. Nevertheless, any form of wealth accumulation must be confined to the law.
Being one of the most traded companies, Wal-Mart has already tarnished its name. This may carry grave consequences in both the present and the future. The fact that it is under investigation for violating the Foreign Corrupt Practices Act may add to its legal woes. Thus, Wal-Mart overlooked its legal responsibilities in its strategy of acquiring strategic physical locations in Mexico.
Already, a Wal-Mart shareholder has sued the company over its malpractice in Mexico. Reuters reported that the shareholder 's complaint was that the failure to abide by the law ruined the corporate image and goodwill of the company (Wilmington, 2012).
John Cromwell, writing for Demand Studio, notes that businesses do not operate in a vacuum (Cromwell, 2013). Rather, there is constant interaction between parties who have a relationship with the businesses. For example, you cannot divorce the operations of a business from its neighborhood. There is all the likelihood that the labor of a business is sourced from the neighborhood. Similarly, negative environmental impact of businesses heavily affects the …show more content…
This means the greatest good for the greatest number of people. Wal-Mart 's methods of penetrating the Mexican market rewarded a few influential individuals in the government. Therefore, Wal-Mart de Mexico, with the full blessings of the state officials, ignored the demands and pleas of the Mexican public.
The failure of the company to obey the rules of moral responsibility pushed Mr. D 'Harreira to the wall. His efforts included visiting government archives, examining Wal-Mart 's permit, and an appeal to the public not to accept the status quo. So strong was his conviction that he attempted to bomb the store and die in the bombing. It is unfortunate that the failure of a business to fulfill its moral responsibilities can lead to death. The effects of imprisonment, hunger strike, and ill health led to the death of D