Eth 316: Code Of Ethics In Business
Organizational Ethics
ETH/316
April 4, 2015
Christopher Whetstine
Organizational Ethics
All organizations that are currently operational have or ought to have a code of ethics in which is being followed. The importance of ethics in any organization helps direct in what way they will respond to internal and external stimulus. The largest organization in the world is Walmart, I work as sales manager for a CPG company and interact with Walmart every day. They deal with a great deal of external social pressures that influence their ethics. Walmart has dealt with its fair share of lawsuits as they have been in litigation 4,851 times just in the year 2000 alone Willing, R. (2001, August 13). Every time a concern rises they constantly analyze …show more content…
External Social Pressures
Walmart is the largest retailer in the universe and has the most jobs in the private sector currently. They presently have more than 2.2 million people employed worldwide. With a large amount of money, stores, and influence, they have been part of thousands of legal issues. Over the past 10 years, Walmart has put out of business a number of individuals by having the same products at a lower price. They have not only shut down a number of businesses due to the undercutting of competitor prices but they also made a great deal of people lose higher paying jobs during their expansion to pay their employees very low wages with marginal benefits (Logan 2014). Walmart has seen a great deal of external social pressures however we will focus on the external social pressures they have encountered due to their direct effect on the economy. Since Walmart is a big factor in regards to the economy a number of people look to them for assistance in acquiring a job. Nonetheless, Walmart has impacted the economy by not offering well-paying jobs to employees and having very …show more content…
The decision that Walmart makes is to benefit the company and create additional growth opportunities by maximizing profit. It is up to us as individuals to decide if we want to work there or not even though the job market is difficult at this time. External social pressures are related to both organizational and personal choices aid us in determining if our ethics are aligned with reality. Occasionally people change their personal ethics so they are not scrutinized in the media and to avoid being the topic of a debate. Organizations typically reevaluate their ethics when they’re questioned by key decision makers such as shareholders and the government. External pressures can be both positive and negative depending on the individual or organizational issue which is being addressed. On the other hand, external pressures has changed a number of individuals and organizations for the best by posing their views and beliefs on individuals and organizations for
ETH/316
April 4, 2015
Christopher Whetstine
Organizational Ethics
All organizations that are currently operational have or ought to have a code of ethics in which is being followed. The importance of ethics in any organization helps direct in what way they will respond to internal and external stimulus. The largest organization in the world is Walmart, I work as sales manager for a CPG company and interact with Walmart every day. They deal with a great deal of external social pressures that influence their ethics. Walmart has dealt with its fair share of lawsuits as they have been in litigation 4,851 times just in the year 2000 alone Willing, R. (2001, August 13). Every time a concern rises they constantly analyze …show more content…
External Social Pressures
Walmart is the largest retailer in the universe and has the most jobs in the private sector currently. They presently have more than 2.2 million people employed worldwide. With a large amount of money, stores, and influence, they have been part of thousands of legal issues. Over the past 10 years, Walmart has put out of business a number of individuals by having the same products at a lower price. They have not only shut down a number of businesses due to the undercutting of competitor prices but they also made a great deal of people lose higher paying jobs during their expansion to pay their employees very low wages with marginal benefits (Logan 2014). Walmart has seen a great deal of external social pressures however we will focus on the external social pressures they have encountered due to their direct effect on the economy. Since Walmart is a big factor in regards to the economy a number of people look to them for assistance in acquiring a job. Nonetheless, Walmart has impacted the economy by not offering well-paying jobs to employees and having very …show more content…
The decision that Walmart makes is to benefit the company and create additional growth opportunities by maximizing profit. It is up to us as individuals to decide if we want to work there or not even though the job market is difficult at this time. External social pressures are related to both organizational and personal choices aid us in determining if our ethics are aligned with reality. Occasionally people change their personal ethics so they are not scrutinized in the media and to avoid being the topic of a debate. Organizations typically reevaluate their ethics when they’re questioned by key decision makers such as shareholders and the government. External pressures can be both positive and negative depending on the individual or organizational issue which is being addressed. On the other hand, external pressures has changed a number of individuals and organizations for the best by posing their views and beliefs on individuals and organizations for