Walmart Business Ethics

1324 Words3 Pages
bulb-icon

Recommended: Walmart competitive advantages

Mid-Term Paper
Lucas T. Jones
Southwestern Christian University
Business Ethics
10/10/17

When living in a world today with many different religions and believes it is hard for one to understand how these could go hand in hand with business. All of these play an effect on business. For example, how will a situation be handled in a business environment when dealing with various religious people? When trying to communicate in the business world it is important to have the same universal concept of communication in all civilizations throughout each community. Everyone is different and each have an own unique philosophy of life and religion. Each religion affects business in different ways, some positive and some negative. Christianity, …show more content…

Sam stated that, “Innovative thinking. Leadership through service. And above all, an unwavering commitment to saving people money. It’s what makes us the business we are today, and shapes the company we will be tomorrow”(). The rich get richer and the poor get poorer is something that is commonly taught as a basis of Americas living society. Walmart has made its system to be able to not only be accessible by the rich but also by the poor. They are one of the few companies that is able to capture both niches. Walton also stated, “This rich heritage defines who we are and what we do today” explaining that he was knowledgeable how the rich controls everything(). It is important to understand how even Walmart has found a way to meet the needs of all people in different living situations. The original mission statement that everyone is familiar with is, "saving people money so they can live better" this is the motor and drives everything they do(). This statement was formed off of what Sam Walton had been taught for so many years and seeing the real side of business. Working together is another main concept that is relayed constantly in all Walmart’s, “If we work together, we'll lower the cost of living for everyone...we'll give the world an opportunity to see what it's like to save and have a better life”(). By using the word together no one is left out and everyone is …show more content…

Walmart has made it a necessity to have a strong frontline that is focused and ready to help, serve, and support its pears to help meet customer needs. Respect for an individual can go a long way. Walmart expects all workers and customers to treat others the wat they would want to be treated. “Lead by example, be humble, teach and trust others to do their jobs, give honest and direct feedback”(). Walmart always strives for greatness and is able to still perform at the highest level of all the family grocery

Show More
Related

  • Is Walmart Good For America

    552 Words  | 2 Pages

    But Wal-Mart’s care for us goes beyond that simple relationship. As many of us have seen if we have been to a Wal-Mart, they hire people who normally would not be able to get a job. The company knows that by broadcasting itself as positive and helpful in nature it can increase its revenue and in turn increase the amount of assistance it provides to us the consumer. “In 2004 Wal-Mart donated over $170 million. More than 90 percent of these donations went to charities in the communities served by Wal-Mart stores.’ Even more heartfelt than this, Wal-Mart was the leader in goods based relief efforts for victims of hurricane Katrina. “Walmart’s response to the hurricane was lauded even by its critics: it donated more than $20 million worth of merchandise, including food for 100,000 meals, and it promised jobs for all of its displaced workers.” And the first supply truck to arrive at the superdome was a Wal-Mart truck.

    Read More

  • Just Business Alexander Hill Summary

    763 Words  | 2 Pages

    Alexander Hill, Just Business Christian Ethics for the Marketplace. Downers Grove, Ill: IVP Academic, 2008. Paperback. $14.95Jessica Burt

    Read More

  • The Ethics of Shopping at Wal-Mart

    1021 Words  | 3 Pages

    One has to work hard to consider their values in particular issues and how strongly they feel. This is the choice many people make when they invest in mutual funds, and have no idea where their mutual funds are invested. Many vocal opponents to shopping at Wal-Mart might discover they hold investments in the Wal-Mart. There are 1050 mutual funds that are invested in Wal-Mart, some of the largest mutual funds in the world. There are many people who have no idea where their investments lie. If you want to be true to your value against shopping at Wal-Mart, you need to be careful to remove yourself from investments that support Wal-Mart. You have to review your investments and find out where your money is invested.

    Read More

  • Wal-Mart: The High Cost of a Low Price

    515 Words  | 2 Pages

    Wal-Mart represents the sickness of capitalism at its almost fully evolved state. As Jim Hightower said, "Why single out Wal-Mart? Because it's a hog. Despite the homespun image it cultivates in its ads, it operates with an arrogance and avarice that would make Enron blush and John D. Rockefeller envious. It's the world's biggest retail corporation and America's largest private employer; Sam Robson Walton, a member of the ruling family, is one of the richest people on earth. Wal-Mart and the Waltons got to the top the old-fashioned way: by roughing people up. Their low, low prices are the product of two ruthless commandments: Extract the last penny possible from human toil and squeeze the last dime from its thousands of suppliers, who are left with no profit margin unless they adopt the Wal-Mart model of using nonunion labor and shipping production to low-wage hellholes abroad." (The Nation, March 4th 2002 www.thenation.com/doc.mhtml?i=20020304&s=hightower).

    Read More

  • Wal-Mart's Role in the Community

    1035 Words  | 3 Pages

    Wal-Mart is, to some extent, a values-based corporation. The Wal-Mart Corporation takes a strong, direct stance on many issues. This can be seen in many items in which they refuse to sell, such as; music and games with explicit content, adult magazines, and the morning after pill. This shows character in the company because they are foregoing potential profits in order to enforce values that they believe in. Wal-Mart is probably making some people very happy by this moral stance that they have undertaken, and it gives a message to the public that Wal-Mart is not a heartless corporation like many others.

    Read More

  • Wal-Mart As A Communist Regime

    682 Words  | 2 Pages

    To this day, when I walk into Wal-Mart and come face to face with a manager I once worked under they give me dirty looks. People report that managers will trash talk you to another job that applied for if that job contacts Wal-Mart about you. Wal-Mart has unrealistic workloads for some overnight stockers, their managers aren’t the best in the world, and their policies are harsh. This is why I constantly call Wal-Mart a communist regime; not because it shares the ideals but because it is just bad for everyone in general. Hopefully one day a high positioned power will restore the order and peace that once was Wal-Mart according to the history they teach you in training and that their policies and workloads may become more realistic and doable.

    Read More

  • Walmart's Bureaucratic Structure

    2065 Words  | 5 Pages

    Walmart a name known globally they are a true empire. They are known as one of the largest company in the world. Sam Walton founded Walmart opening the first store in 1952 and Arkansas since then in has grown. According to Snyder Walmart is located in over 27 counties they have over a 11,000 stores and over two million employees. Walmart stands by the mission statement “We save people money so they can live better.” Walmart is known for is super low prices, and they compete with anyone who tries to enter their market. Walmart has a very formal and bureaucratic structure. There is a very clear hierarchy and commands come from the top and flows to the bottom. Although Walmart is so successful they have received lots of backlash due to some

    Read More

  • 10 Reasons Why Walmart Is The Worst Company In America

    1111 Words  | 3 Pages

    Walmart is a company that can be seen from many different perspectives. Due to its vast size; it can be easy to identify its faults and environmental issues surrounding the company. However, they are well aware of these problems and criticisms and have made many efforts towards issues around the world. The motivation and desire Walmart have to improve the world we live in today can be seen through their treatment of employees, suppliers as well as their efforts towards the environment and other humanitarian issues. Given this, there is still endless resources on the web proving the company to be one of a negative burden on society.

    Read More

  • Walmart Code Of Conduct

    719 Words  | 2 Pages

    Welcome to Walmart how can I help you today oh welcome to Best Buy what are you looking for today oh welcome to Sephora oh look there's not anybody to help you here they’re too busy talking about the night before with your boyfriends, All I want is my bloody red lipstick. I love to shop but then again who doesn't there are some pet peeves I have when I shop are bad customer service, when you can't find your size, one size fits all, and the size difference between store. Customer service is everything.

    Read More

  • Compare And Contrast Target And Walmart

    1150 Words  | 3 Pages

    Wal-Mart as we know it today evolved from Sam Walton’s goals for great value and great customer service. Mr. Walton’s competitors thought his idea that a successful business could be built around offering lower prices and great service would never work. Mr. Walton also credited the rapid growth of Wal-Mart not just to the low costs that attracted his customers, but also to his associates. He relied on them to give customers the great shopping experience that would keep them coming back. Sam shared his vision for the company with associates in a way that was nearly unheard of in the industry. He made them partners in the success of the company, and firmly believed that this partnership was what made Walmart great.

    Read More

  • Walmart Social Responsibility Case Study

    970 Words  | 2 Pages

    While keeping in mind they are a business which rely on profits. Walmart is a popular company that is known for their low prices. This corporation is also known for giving back to communities by making charitable contributions of 100,000 grants annually, as well providing disaster relief to various countries burdened by disasters and donated $100 million dollars to neighborhoods and law enforcement agencies. They also provide employees with college grants to obtain a two or four year college degree, Walmart is investing in their employees by giving them an advantage in their future. Walmart has also found ways to reduce waste by creating materials that are nontoxic and are recyclable friendly. With the use of sustainability, strategic philanthropy, causing marketing, shared values and stakeholder that is why this company was ranked number one by Forbes list in

    Read More

  • Global Human Resource Management

    943 Words  | 2 Pages

    The first Wal-Mart store opened in July of 1962 in Rogers, Arkansas by Sam Walton who believed that the future of retailing was in discounting and to avoid competing with established giants like Sears and Woolworth, Wal-Mart’s stated out of the large cities in the beginning and this strategy help avoid competition, while in rural areas Wal-Mart began growing their customer base by offering ways to save money and shorter travel distance, Sam Walton felt the best way to make customers happy was to provide the low prices every day (Farhoomand, 2006). The company needed to continually find ways to control the operating costs so the savings would then be passed on to Wal-Mart customers in the form of lower prices than the competitors. Walton was opposed to having any kind of employee unions for its company and saw them as a disruption and an inconvenience (Farhoomand, 2006). The continued search for lower prices made him aware of business related travel cost, Wal-Mart executives stayed in low cost hotels when they traveled and the cost related to the services provided by suppliers, Wal-Mart helped suppliers improve operations and efficiency to produce lower cost. Walton wanted the suppliers to correct any nonessential or insufficiencies existing in their business structures as a way of gaining lower prices and higher value products for its Wal-Mart stores. To further push savings Wal-Mart forced cost down by eliminating the middleman and buying directly from the manufacturers. This cost saving also applied to executive salaries Walton felt providing employees with stock options, training opportunities, and allow employees to grow and develop would be a better way to engage and involve them in his vision (Farhoomand, 2006).

    Read More

  • Operational Planning For Wal-Mart

    1617 Words  | 4 Pages

    Wal-mart has a reputation for caring for its customers, of course their employees, and for the prospective public. So Wal-Mart can be an industrial leader for the world of shoppers with an eye for lower affordable prices, company decision makers would continue it's systematic strategies that it's founder and president established years ago. Sam Walton believed in three guiding principles in his strategy planning they were to provide the customer with good value and service, to have a good relationship with its associates, and to be involved with the community.

    Read More

  • Wal-Mart: The High Cost of Low Prices

    1949 Words  | 4 Pages

    Walmart has had a long-standing presence in America society since the middle of the 20th century, seen as a place to get everything done, Walmart has become a fixation in our society. From grocery shopping, to changing your oil and even filing your annual tax returns, Walmart is always there, everyday. Started by Sam Walton in 1962, it began as a small operation catering to a small Arkansas community. It was started on principles very similar to small local businesses in small towns. Today Walmart has gotten a different, darker reputation. On the surface, Walmart may seem like the solution to everyday issues. Low-income families are attracted to the low prices, and people who work odd hours benefit greatly from the 24 hours a day that many Walmarts are open. Lately, Walmart has also managed to be publicly recognized as a store that sells many of today’s green products, including organic food, environmental conscious cleaning products, as well as, paper products made from recycled paper. However, underneath all this, Walmart has a different side. Exploitation of its workers is widespread amongst Walmarts who do not belong to a union, especially in the United States. Wal...

    Read More

  • Wal-Mart Case Study

    1574 Words  | 4 Pages

    Our first responsibility is to provide all consumers the best products and services with guaranteed satisfaction under one roof. Wal-Mart provides a wide array of products and services at reasonable prices.

    Read More

More about Walmart Business Ethics

Open Document