Preview

Business Ethics Across Cultures Article Review

Better Essays
Open Document
Open Document
1524 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Ethics Across Cultures Article Review
Business Ethics Across Cultures Article Review: mb.. America has not always had the same working conditions and ethical guidelines it has today, in fact in the early 1920’s American industries painted a very different picture. There were no child labor laws so it was acceptable that twelve year olds went to work to “feed the family.” There were no safety guidelines in place, if you got your arm chopped off working for the railroad then your oldest child had to go to work to make up for your lost wages. There certainly were no ethical standards that companies and employees had to follow; women did not work outside the home so there were also no sexual harassment laws in place. American Industry in the early 1900’s was a lot like China is today; perhaps this is why so many American jobs are lost to China every day.
The first article reviewed for the Business Ethics across Cultures article review was about issues with Wal-Mart and China. Almost every product that is sold in Wal-Mart stores today are made in China although that is not what Sam Walton would have wanted you to believe in the late 1980’s and early 1990’s. “One of Sam Walton 's earliest imports from Asia was team spirit. Enthused by a factory cheer he witnessed in 1975 at a Korean tennis ball plant, Walton instituted his own "Wal-Mart Cheer," still a staple of the company 's corporate culture. He liked the dramatic device for its "whistle while you work philosophy." Wal-Mart was not the first retailer to “cash in on low-wage Asian labor” (PBS, 2005) he followed in the footsteps of other big name department stores such as K-mart and Target. Although Wal-Mart was not the first in Asia, Wal-Mart certainly was the most business savvy, constantly “moving around to chase lower wages” (PBS, 2005).
Sam Walton was afraid of what Americans might think of Wal-Mart as a company, if we knew how much product was being purchased there. The leadership in China was Communist and oppressive and Sam



References: PBS. (2005). Wal-Mart and China: A Joint Venture. Retrieved from http://www.pbs.org/wgbh/pages/frontline/shows/walmart/secrets/wmchina.html University of Pompeii. (2005). Implementation of Ethics Codes in Germany: The Wal-Mart Case. Retrieved from http://www.upf.edu/iuslabor/032005/art11.htm

You May Also Find These Documents Helpful

  • Powerful Essays

    The two articles, Double Standards: Mexico Business and Business Ethics in China, brought an insight into ethics practiced in foreign countries, specifically the countries of China and Mexico. The United States of America has its own regulations and traditions that may, and have, conflicted, in an organizational setting, with the cultures and thoughts of their foreign partners. These “differences” in cultural beliefs or standards are evident in both articles, but the evidence that Globalization is an increasing desire for organizations is apparent as well. One article displays that in order to have success within a foreign country than we should allow natives of that country dictate the business ethical guidelines within that foreign office or division while the other article shows that a country is visibly being hypocritical of their own accepted guidelines and policies by saying one thing and doing the other. A different continent is not the only differences that Mexico and China are sharing. Both articles suggest accepting or understanding that certain business practices or ethics in these two countries as different but not necessary illegal. It also suggest that the entire core of an organization must stand firm on certain practices and not have to adjust for profitable business in a country as well. Though differences are evident amongst other…

    • 1427 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The first article I would like to elaborate on would be one about business ethics in Singapore. This country has the reputation of being very strict in nature and sometimes unforgiving in the consequences that they often give to people. Over time they have loosened their grip on social matters but still seem to be strict in their manners of business. They follow through with business transactions and promote all around good ethics in business as a normal practice. This article explained the results of a survey that was completed in January 2010, by companies that were members of the Singapore Business Federation. 65% of the companies claimed that keeping agreements, and being open and honest are the most important aspects in business. More than 62% of companies have a published code of conduct, and another 12% are in the process of establishing one. 86% percent of those companies with a code of conduct in place have it composed in such a way so to prevent code violations instead of reacting to them when they occur. Half of the companies involved in the survey conduct an audit to check on the performance.…

    • 1313 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Walmart Business Ethics

    • 2244 Words
    • 9 Pages

    Wal-Mart, the big giant, the place where a lot of people usually do their shopping for the low prices and the variety of products were founded by Sam Walton. Walton was an entrepreneur with an innovative vision started his own company and made it into the leader in discount retailing that it is today. In fact, Wal-Mart is considered to be the biggest company in the U.S. and it has stores worldwide. According to PBS, “Wal-Mart employs more people than any other company in the United States outside of the Federal government, yet the majority of its employees with children live below the poverty line.”(www.pbs.org) In addition, Wal-Mart likes to portray itself as a seller of U.S. manufactured goods but in reality the company has products on its shelves made in foreign countries and at questionable workshops. It would seem that Wal-Mart encourages “made in the USA” but it really encourages products made outside the USA. As a result, Wal-Mart has forced many manufacturers out of business. As a matter of fact, this big giant is facing a significant amount of controversy for unethical business practices. In fact, some of these unethical business practices include the following.…

    • 2244 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Wal-Mart started as a single store in 1962 and since then has expanded to over 3,600 stores in the United States and operates in 15 international markets. This paper will discuss the role of ethics and compliance in the Wal-Mart organization as it relates to the financial environment. We will describe the procedures in place to ensure ethical behavior and identify the processes used to comply with SEC regulations. Using the annual report information for Wal-Mart we will evaluate the financial performance over the past two years and calculate financial ratios. Based on those financial ratios, we will discuss the trends evidenced and the organization’s financial health.…

    • 2059 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Ethical Perspectives

    • 1302 Words
    • 6 Pages

    It is evident that Wal-Mart’s ethical perspective or moral view is contingent on profit or profit potential. The global labor force of Wal-Mart enables this retail giant to continue to grow and succeed by providing lower operating costs. The legal ethics of this company are asserted globally and would withstand scrutiny in most cases. However, the virtue ethics of Wal-Mart are questionable about the well-being of their employees, specifically the hourly employees. Wal-Mart is targeted by its own labor force in the United States and in China as well. In the United States, Wal-Mart operates on the brink of ethics by using its legal stature to suppress worker wages and benefits. In China, Wal-Mart is facing legal repercussions from workers’ unions because of unfair labor practices. There have been examples of underpay, denying overtime, poor working conditions, and physical abuse in China. This big-box retailer boasts its low prices and drives its profits at the expense of its labor force but should focus more on integrating value with values.…

    • 1302 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Ethical Issues In Walmart

    • 452 Words
    • 2 Pages

    The ethics statement of Wal-Mart is functioning as a lead and source for ethical decision making. Along with this, it supplies with a secret and unidentified reporting system. It used to lead a long-lasting ethics education and…

    • 452 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Walmart Unethical Behavior

    • 2348 Words
    • 10 Pages

    Wal-Mart, is one of the biggest well know companies in the United States and in the world since 1962 when founder Sam Walton created Wal-Mart. It has been the place where a lot of people usually do their shopping for the low prices and variety of products. This is why it is so controversial Wal-Mart continues to grow even with the accusations of unethical business practices. Wal-Mart has been accused of sexual discrimination and unfair pay for employees, and destruction of small towns, excessive amounts of corporate power through the government and how Wal-Mart is turning into a monopoly. With all of these allegations, Wal-Mart is still one of the leading discount retailers in the country, and as a corporate office, they still stand tall and state that they follow fair ethical values.…

    • 2348 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Good business ethics is just one of many ingredients necessary for a successful business. You cannot have a successful business if you take advantage of stakeholders that support and have a vested interest in your business. History has shown time and again that, when the opportunity to grab quick profits presents itself, ethics can all too readily take a back seat to the entrepreneurial spirit. Incidents or abusive behavior, harassment, accounting fraud, conflicts of interest, defective products, and bribery and employee theft can happen at any business. Corporations have a social responsibility, an organization obligation to maximize its positive impact on stakeholders and to minimize its negative impact. Wal-Mart and PETCO were both founded in the early 1960s’ and today have stores nationwide providing goods and services to millions of consumers. The steps taken by these two companies’ in regards to address and correcting allegations of unethical issues greatly impacted their reputation and sustainability.…

    • 1238 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Wal-Mart's Values

    • 1560 Words
    • 7 Pages

    Wal-Mart was founded back in 1962 by Sam Walton who instilled values and the three basic beliefs that remain as the core principles in the company today. These principles are: “Respect for the individual, Service to the customer, and Strive for excellence“ (Wal-Mart Stores, Inc.). One of the main core values that Wal-Mart holds with high importance is integrity, which is based on their “Statement of Ethics”. “Nothing is more important to a company and its ability to lead than integrity. It’s more important than sales or earnings or stock growth” (Lee, p. 3). With the ability to expand its borders beyond the United States, the “Statement of Ethics” has been an asset that helps “maintain” these core values. Wal-Mart also encourages all employees globally to adhere to the “Statement of Ethics,” unless it goes against the law of that country (Wal-Mart Stores, Inc.). The Social Responsibility of Wal-Mart is clearly defined. Employees should adhere to the “Statement of Ethics” and are encouraged to use the “Open-Door Policy” as well as utilize the Global Ethics Office when there is unethical behavior that doesn’t protect the well-being of their stakeholders. Wal-Mart as well as other companies should maintain a positive influence in the way they conduct themselves, so that healthy relationships are developed with their stakeholders worldwide. In recent articles, we find that Wal-Mart strives to uphold their core values by helping the economy of Guatemala. However, there is a compromising of behavior in these core values being questioned in China. Because of these…

    • 1560 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    walmart case summary

    • 713 Words
    • 2 Pages

    Wal-Mart’s founder Sam Walton wanted to “bring big-city discounting to his corner of the rural American South,” offering low prices every day. The strategy was simple, sell cheap, so the company worked very hard to lower costs by buying directly from manufacturers and always increasing workers’ productivity. After Walton’s death, the company went on with an accelerated new technologies and globalization of its operations. From 1995-1999 Wal-Mart alone gained 25% of productivity of the US economy. Also, by 2004 it became the largest importer from China in the world (10% of all China’s exports.) With this huge market power, Wal-Mart was able to exert lots of power over its business partners and employees. They…

    • 713 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    As an Ethnographic Researcher I am writing this Article about Wal-Mart, a For-Profit Organization and The American Red Cross, a Non-Profit Organization to identify any key problems that are related to business ethics and to explain the ethical dilemmas that are found within these two organizations. Included in this article will the company's profile and history, and my own personal reflections about these ethical actions that were taken in relation to the problem, and which moral and ethical theory I feel is best for each organizational issue.…

    • 3181 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Sam Walton, founded Wal-Mart over forty years ago, where it started as a five-and-ten store in Bentonville, Arkansas (Stanwick & Stanwick, 2009). Since then it has become one of the largest retail stores in the world, with an estimated annual sales of close to $300 billion (Stanwick & Stanwick, 2009). His business philosophy was to provide low prices to its customers everyday (Stanwick & Stanwick, 2009). With such tremendous success in profits and growth, it has also brought many challenges relating to ethical issues in regards to; off-the-clock-work, sexual discrimination, health benefits, the role of unions, use of illegal aliens, and issues relating to child and labor laws. It is the intent of this case study to identify the ethical issues Wal-Mart has faced, as well as, discuss four questions of thought.…

    • 2005 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    References: Bailey, W., & Spicer, A. (2007). When Does National Identity Matter? Convergence and Divergence in International Business Ethics. Academy of Management Journal, 50(6), 1462-1480. Retrieved July 10, 2010 from Business Source Complete database.…

    • 1504 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Wal-Mart, an American corporation boasting “Everyday Low Prices” has expanded and outsourced to include the employment of foreign labor and suppliers to meet their corporation’s demands. In doing this, there are several benefits to utilizing cheap Chinese labor. By using Chinese factory labor, the Wal-Mart Corporation is able to provide goods at low prices, increasing their appeal to the consumer. Also, by using cheap labor in other countries, Wal-Mart expands their corporation worldwide, including opening stores in those countries where the company employs cheap, foreign labor. By using Chinese labor, Wal-Mart is able to maximize its corporation’s profits overseas to the United States, where the price range is much higher. In addition, Wal-Mart’s use of foreign labor benefits the poor, foreign countries, such as China, who seek overseas companies to provide jobs and increase their countries’ capita of export. While there are a number of benefits to utilizing Chinese labor, there are numerous amounts of drawbacks. The consumers of Wal-Mart do not approve of the exploitation of the cheap foreign labor, as the conditions and reality of the factory worker’s’ employment and treatment by the factories that produce goods for Wal-Mart are brought to the public’s eye. Also, Wal-Mart, in utilizing Chinese labor, has outsourced many work opportunities for Americans to China. In addition, Wal-Mart depends heavily on Chinese suppliers, allowing Wal-Mart’s supply to become vulnerable to the consequences of fluctuation in the Chinese market and economy.…

    • 828 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Wal-Mart Controversy

    • 755 Words
    • 4 Pages

    Wal-Mart is the world’s largest retailer, but controversy surrounds their operating practices (Ferrell, Fraedrich, & Ferrell, 2013). The company known for significant sales profits, a large employee base, and the everyday low price provided to consumers is clouded by the pressure applied to suppliers requiring continuous reduction in pricing (Smith & Young, 2004). The small startup company that has grown to a multitude of stores across several countries does have some positive impact, but is it overshadowed by debatable ethical choices.…

    • 755 Words
    • 4 Pages
    Good Essays