Major companies are always being asked questions by consumers and other people about their business, and their business ethics. The answer to these questions, and business ethical values are crucial to consumers, and will decide for the consumer whether they would like to purchase products from that business or not. An example of an organization that faces these issues is Wal-Mart.
Wal-Mart is one of the largest organizations in the Unites States, and is faced with ethical problems everyday. Wal-Marts standards are all about satisfying the customer with the lower prices than any other store. Wal-Mart had to a great number of considerations to make things happen, and be successful. A few of them are, they need to know the prices of products at competitive stores, and how much money they have to make to in order to fulfill this promise. …show more content…
For example, consumers, and the reputation of the higher ranked employees of Wal-Mart. Consumer are affected in several ways. One of them being consumers do not want to purchase products from a business who do not have positive ethics. Higher ranked employees are also affect by their own actions. If highly ranked employees make questionable decisions that consumers don't like, then consumers will think poorly of these people.
Recently Wal-Mart made ethical decisions to benefit itself and the world around it. Wal-Mart uses renewable energy to power its stores, and doesn't create waste. This benefits Wal-Mart by making their company more appealing to environmentalists. It benefits the world around it, because their stores are energy efficient, and
Wal-Mart is one of the largest organizations in the Unites States, and is faced with ethical problems everyday. Wal-Marts standards are all about satisfying the customer with the lower prices than any other store. Wal-Mart had to a great number of considerations to make things happen, and be successful. A few of them are, they need to know the prices of products at competitive stores, and how much money they have to make to in order to fulfill this promise. …show more content…
For example, consumers, and the reputation of the higher ranked employees of Wal-Mart. Consumer are affected in several ways. One of them being consumers do not want to purchase products from a business who do not have positive ethics. Higher ranked employees are also affect by their own actions. If highly ranked employees make questionable decisions that consumers don't like, then consumers will think poorly of these people.
Recently Wal-Mart made ethical decisions to benefit itself and the world around it. Wal-Mart uses renewable energy to power its stores, and doesn't create waste. This benefits Wal-Mart by making their company more appealing to environmentalists. It benefits the world around it, because their stores are energy efficient, and