Ethical Ethics Of Walmart

It has long been regarded that for a company to have economic success it must abide by the ethical framework set by societal morals. A corporation, measuring success off a profit basis, often utilises the successful implementation of socially responsible practices in order to gain public awareness, and thus consumers. However with the introduction of market-dominating corporations, such as Wal- Mart, consumers have been faced with no choice but to continue endorsing unethical processes. As the largest private employer within America, Wal-Mart’s 54 years of operation have been plagued with allegations of neglect for employees, illegal waste distribution, and intentional corporate sabotage- all of which have been proven, within courts, to be true. Acknowledgment of the company’s disregard for social

Not only does this method create a downfall in the use of local produce, but it also means that entire towns become dependant on the success of Wal-Mart stores, (an integral aspect to the company’s success). As a result of store closures, residents see Wal-Mart as their only job prospect, and thus try and ensure the longevity of the company in order to see a sustained employment, (Work Place Fairness Report, 2015). This market manipulation is ultimately what makes Wal-Mart successful despite it’s neglect of corporate social responsibility, and it makes external stakeholders dependant on the efficiency of their local store. In addition to this, it has been found that when a Wal-Mart opens within cities the poverty increases, employment decreases, and the average wage suffers greatly- with this evidence further supporting the theory that Wal-Mart forces consumers to support it’s stores. Company executives are aware of these statistics, however tend to dismiss claims that they are operating unethical by opening