Walmart 's Business Philosophy And Its Perception Of Being Unethical Towards Supply And Employee Stakeholders

1731 Words Jan 24th, 2016 7 Pages
Wal-Mart is one of the largest retailers in the world. It is a multinational company with over 11,000 stores (“Walmart Locations around the World,” n.d.). The brand name is synonymous with low prices. In fact, Walmart’s mission is to offer quality products at the lowest price. The company achieves its “everyday low prices” by ensuring its business practices are both efficient and effective (Ferrell, Fraedrich, & Ferrell, 2014). The company also prides itself by offering best-in-class customer service. However, recently, Walmart has come under scrutiny for some questionable business practices. Accusations of bribery, environmental and human safety malpractice, and illegal anti-union tactics have brought Walmart’s ethical values under review.
This paper begins by reviewing how Walmart’s business philosophy has impacted its perception of being unethical towards supply and employee stakeholders. Moreover, the paper will determine how Walmart’s business philosophy affects its human resource practices. The paper will examine two of the legal mandates that workers and U.S. government have accused Walmart of violating: bribery and anti-union activities. The paper will conclude by examining the ethical decision making framework at Walmart and make recommendations to improve the company’s human resource (HR) practices.
Walmart’s Business Philosophy Walmart’s business philosophy is to offer the lowest prices and the best customer service. In fact, Walmart’s “everyday…

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