Business Sustainability requires firms to adhere to the principals of sustainable development. It is defined as managing the triple bottom line between economic, environment and social impact. According to the 2015 Global Responsibility Report, Walmart works with suppliers to deliver products that are better for people, elimination of toxic chemicals in products. Factory are recycling contents more, using safer materials. Factories are also creating materials that are design for recyclability. An example of safe materials that are more sustainable for the planet is L.E.D lights along with concentrated laundry detergent. “Business exists to serve the greater community as well as direct beneficiaries of the company’s operations”, (Snider, 2003, p2).
Strategic philanthropy is a unique and power way to combine company marketing goals along with increasing the wellbeing of mankind. In 2014 “Walmart ...
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...d stakeholder that is why this company was ranked number one by Forbes list in 2015.
Gonzalez-Padron, T. (2015). Business ethics and social responsibility for managers [Electronic version]. Retrieved from https://content.ashford.edu/
Walmart. (2016). Giving Our Focus. Retrieved from http://giving.walmart.com/our-focus
Walmart. (2015). Global Responsibility Report Walmart 2015. Retrieved from http://cdn.corporate.walmart.com/f2/b0/5b8e63024998a74b5514e078a4fe/2015-global-responsibility-report.pdf
Pauline Meyer. (2015). Walmart’s Stakeholders: Analysis & Recommendations. Business Management. Retrieved from http://panmore.com/walmart-stakeholders-analysis-recommendations
Snider, J., Hill, R. P., & Martin, D. (2003). Corporate social responsibility in the 21st century: A view from the world 's most successful firms. Journal of Business Ethics, 48(2), 175-187.
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