Preview

Wal Mart Case Study "The Challenge of Managing Relationships with Stakeholders"

Powerful Essays
Open Document
Open Document
17345 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wal Mart Case Study "The Challenge of Managing Relationships with Stakeholders"
“The Challenge of Managing Relationships with Stakeholders”
A Case Study on Business Ethics and Stakeholder Relationships

A Report by

Abdul Rahman Nawawi Holger Behrens Jurattana Jamkrajang Paphat Kriangthanapha Phikulthong Pangjunan Suttasinee Suebsahakarn Younten Phuntso

53060790 52027564 50019826 52032481 54055255 52047480 53060909

Submitted to

Ajarn Nakul Boonrod 29 May 2012

In partial fulfillment for the course: IBC 360: Business Ethics Semester 2/2011

1

Table of Contents

Table of Contents Introduction Wal-Mart’s Ranking & Response to Various Stakeholders Wal-Mart’s Recent Number of Ethical Issues in the News Improved Ethical Culture & Positive Response to Stakeholders What are the relevant Facts? What are the Ethical Issues? a) Female Employees b) Disabled Employees c) Illegal Immigrants d) Low Benefits e) Working Conditions f) Ethical Leadership Issues g) Environmental Stakeholders What are the Primary Stakeholders 1) The Stockholders 2) The Wal-Mart Executives 3) The Employees 4) The Communities 5) Consumers 6) Non-Profit Organizations 7) Other Retailers 8) Online Retailers 9) Gasoline Retailers Possible Alternatives to Wal-Mart’s Ethical Issues I Employee Stakeholders 1.1 Discrimination 1.2 Female Employees 1.3 Disabled Employees 1.4 Sweatshop Workers 1.5 Illegal Immigrants 1.6 Low Benefits 1.7 Working Conditions 1.8 Unions 1.9 Ethical Leadership Issues II Environmental Stakeholders Violation of EPA’s Stormwater Regulations Violation of State Environmental Laws Violation of Air-Quality Restrictions Hazardous Waste- & Materials-Handling Practices Urban Sprawl & Impacts Conclusion

2 3 4 5 6 7 8 8 8 9 10 10 11 11 11 12 12 12 12 12 12 13 13 13 13 14 14 17 20 24 26 27 29 31 33 35 35 36 36 37 37 38

2

Introduction This report is intended to give you an insight into our analysis, thoughts, interpretations and further evaluation of the given case study “Wal-Mart: The Challenge of Managing Relationships with Stakeholders”. We

You May Also Find These Documents Helpful

  • Powerful Essays

    Kudler

    • 5465 Words
    • 22 Pages

    2 3 3 3 4 4 5 5 5 5 6 6 7 7 7 8 8 8 9 9 9 10 10 11 11 11 12 12 12 12 13 13 14 15 16 17 18 19 20 21…

    • 5465 Words
    • 22 Pages
    Powerful Essays
  • Satisfactory Essays

    Walmart Ethical Issues

    • 174 Words
    • 1 Page

    There are many discussions and theories of ethical practices regarding corporate social responsibility. When many corporate companies focus solely on their bottom line, many of their leadership and ethical decisions come into question. In particular, Walmart is the largest "big box" retailer in the world doing billions in sales every year with their low price philosophy. Though starting as a humble neighborhood store, Walmart has now become an unstoppable behemoth which many people are now taking a notice of. This paper is about analyzing the Walmart’s leadership and ethical practices. In 2005, Walmart faced various stakeholder problems in spite of its tremendous achievement as a retail brand. Walmart was related to various issues: outsourcing…

    • 174 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Fieser, J. & Moseley, A. (2012). Introduction to business ethics. San Diego, CA: Bridgepoint Education, Inc. Retrieved from https://content.ashford.edu/books/AUPHI445.12.1/sections/sec9.7…

    • 332 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ethic violations includes bribes, theft, personal conduct violations, and falsification of company assets, system hacking, or global trading malpractices. While Founder Sam Walton had a vision of employees of excellence. In the past 20 years Walmart’s ethics regarding employees has been questionable in the eyes of today’s workforce. It is evident by visiting several Walmart stores that customer service, excellence and engagement of Walmart employees is often inconsistent among locations and the individual leaders or Store Managers of each locations. It is not uncommon that the customer experience varies greatly from one Walmart location to the next. Walmart has long been criticized for low employee wages, unethical employment practices, which has resulted in thousands of employee related lawsuits. In a move to improve company image, culture and ethics, Walmart introduce new opportunities to employees, which included higher wages, flexible schedules, advancement opportunities, benefits and investment opportunities. Walmart also prides itself with by offering advancement opportunities for those stakeholders who practice dedication and commitment to the company. While these efforts appear to be long overdue by Walmart. Employers across the country are watching and measuring results as workforce challenges continue to plague industries throughout the…

    • 680 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Wal-Mart is one of the largest and most popular corporations across the globe having total revenues exceeding $250 billion per year, and employing at least 1.3 million individuals globally (TIME). Wal-Mart offers a wide variety of products with relatively lower prices than its retail competitors. In addition, the company usually employs a large number of local people and generates considerable sales and property tax for the local communities. However, Wal-Mart faces numerous criticism to a level whereby plans to set up a new franchise faces significant protest from local communities. This issue is imperative because businesses have to maintain a considerable level of ethical standards and practices when undertaking their operations, especially with respect to the effects imposed on the local communities in the course of executing their business operations. The business model used by Wal-Mart focuses on the use of low wage labor, restricted health benefits to employees and leveraging of government subsidies, which are all aimed towards reducing costs (Wal-Mart Movie).…

    • 634 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    This paper will present a breakdown analysis on how Wal-Mart has conquered the challenges of globalization and how they manager to remain the largest profit-making organization both in the USA and globally (Rosenfeld, 2007). In addition the paper will breakdown how the organization deals with ethical perspectives within this global icon known as Wal-Mart.…

    • 924 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Since its establishment in 1962, Wal-Mart has grown to be one of the biggest conglomerates in the world. Inevitably, with the expansion of the company, the weight and number of social and ethical issues facing the company has increased.…

    • 2735 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Level 3 Err

    • 9137 Words
    • 37 Pages

    3 4 5 5 8 11 12 13 16 18 19 20 21 21 21 22 22 23 24 25 25 25 26 28 29 29 31 34 38…

    • 9137 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    Walmart Case Study

    • 3222 Words
    • 13 Pages

    Wal-Mart, although one to the largest and most productive organizations in the world, faces many threats and challenges. Critics and groups everywhere are lining up to take shots at this global giant and destroy its image. Some of Wal-Mart’s current challenges can be seen in daily operations, its internal and external environment, product sourcing, healthcare, wages, communities, diversity, employee benefits, and social challenges. Though these challenges or weaknesses pose a very large threat to the organization, they also pose great opportunities to turn them into strengths. If these challenges are met correctly, Wal-Mart stands to gain a great amount of profit and respect among its critics.…

    • 3222 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Wal-Mart is well known as a socially responsible company, and is constantly trying to improve upon their track record. Because Wal-Mart purchases product from so many suppliers around the word it is very difficult to police all of them. Not only is it difficult logistically, but it also requires a large portion of the budget to make sure that their suppliers are behaving in the standard that Wal-Mart deems necessary based on their Ethical Standards for Suppliers document. It is due to this high regard for social responsibility, in keeping with Wal-Mart’s credo, that the company goes to such great lengths to enforce these standards, not only on their employees, but on their suppliers as well.…

    • 790 Words
    • 4 Pages
    Good 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
  • Better Essays

    The following report will discuss American retail giant, Wal-mart’s current ethical and business objectives. The report will look at Wal-mart’s employee relations in regard to discrimination and other various issues involving their employees. It will look at how their ethical stance contradicts with what has gone on in the past regarding associates (employees) and management.…

    • 4446 Words
    • 18 Pages
    Better Essays
  • Powerful Essays

    Sam Walton opened the firs Walmart in 1962 in Rogers, Arkansas with the foundation being that it would offer “The Lowest Prices Anytime, Anywhere” (Walmart Corporate, 2014c), and by 1967 it had over 24 stores and $12.7 million in sales. By 1969, the company was officially incorporated and offered an initial public offering to raise funds to build a distribution center in Bentonville, Arkansas (Johnson & Mark, 2013, p. 3).…

    • 3997 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Alleged Discrimination Case

    • 24564 Words
    • 99 Pages

    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28…

    • 24564 Words
    • 99 Pages
    Good Essays
  • Powerful Essays

    Pick, David. 2012. "Session One: Introduction to Business Ethics". PowerPoint Lecture Notes. Business Ethics 300. Curtin Singapore.…

    • 2191 Words
    • 9 Pages
    Powerful Essays

Related Topics