Free

Walmarts Code of Ethics - Essay Example

Add to wishlist

Summary

The paper "Walmart’s Code of Ethics" develops the assumption that the secret of the success of a well-known retail entity is to value each employee, regardless of their status, to provide the best services to their customers, to pursue an honest and transparent policy with all stakeholders…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER94.9% of users find it useful

Read Text Preview

Subject: Business
Type: Essay
Level: Undergraduate
Pages: 1 (250 words)
Downloads: 3
Author: dawsonlind

Extract of sample "Walmarts Code of Ethics"

The Walmart company is also run through different guiding principles that help the company’s management make the appropriate decisions as well as act with integrity. Among the principles involve being honest and fair, respecting the diversity presented in their workplace, building relations that are free of conflicts of interests, adhering to the set guidelines at all times, cooperating with all persons in the course of the investigation, and even revealing information that may be useful to the company in case of any investigations (Walmart, 2015).

Through this code of ethics, it is evident that the company has managed to promote ownership within its members and even promote an ethical culture in all its branches in the globe.

As far as the code of ethics of the Walmart company is concerned, I agree that in such a company, there is no alternative but to devise a code that will see to the effectual realization of goals and objectives of the company. This is only possible if the company designs a strict policy statement that will effectively ensure that all the members act in an ethical way. The policy is indeed one that is commendable as it has ensured the company succeeds despite its many challenges.

CHECK THESE SAMPLES OF Walmarts Code of Ethics

Walmart: Logistics and value chain, overseas operations, social and environmental responsibility and theories

This paper will explore Walmart particularly its logistics and value chain and discuss about the certain practices, which make it a non-socially responsible company, and at the same time will highlight the areas in which Wal-Mart can improve its social and economic responsibility.... ... ... ... From this research it is clear that Walmart because of its certain operations and actions, is negatively impacting the lives of employees who work for it as well as the customers who buy and depend on it....

11 Pages (2750 words) Assignment

Challenges that Walmart and M&S Face

To understand the recent impacts of different factors affecting the business operations, Walmart of the USA and Marks & Spencer of the UK are taken into consideration.... It would be helpful to generate a better understanding of the operations of multinational corporations.... ... ... ... According to the paper findings, it can, therefore, be said that the recent business environment is highly competitive and complex that constantly force the management of the organization to change their decisions....

15 Pages (3750 words) Term Paper

Assignment about ethics 2

Did the corruption that occurred in one of Wal-Mart's chains occur irrespective of Wal-Marts strict ethics code?... As Wal-Mart expert stated, “Wal-Mart had a kind of unbending almost obsessive adherence to even the trivialist elements of an ethical code.... Wal-Mart: Conflict of Interest Name Institution Wal-Mart: Conflict of Interest When performing their duties, employees are expected to ensure that they perform their official duties as stated in their contracts or deals of employment....

4 Pages (1000 words) Assignment

Comparison of Walmart and Target Policies and Practices

However, things have taken a turn for the better; businesses have now become more vigilant about environmental compliance and business ethics.... This area is especially sensitive because other firms in the retail sector have spent millions of dollars in lawsuits due to non-adherence to accounting ethics and practices.... Walmart also covers ethics in staff employment practices as the company also extends its social responsibility to employees within the company....

11 Pages (2750 words) Term Paper

Degree of Alignment between the Walmarts Stated Values

Statement of ethics.... Retrieved from: http://ethics.... Walmart wants the world to know that it is a values-based and ethically-led company with three underlying beliefs which include respect for the individual, service to its customers and achievement of excellence (Walmart, 2013)....

1 Pages (250 words) Research Paper

HOW THE STRATEGIC EMEGENCE OF WALMART HAS AFFECTED MANAGING THEIR TRADE FROM 2011 TILL DATE

The principle objective of this research was to conduct an analysis and an evaluation of how the management of trade at Walmart has been affected by strategic emergence since 2011 to date.... As such, the main focus was to determine whether there has been a negative or positive.... ... ... The reduction in the prices of goods as a strategy in Walmart was bound to bring about various effects in the varied aspects of company operations....

10 Pages (2500 words) Essay

The Corporate Governance Model and Corporate Social Responsibility (CSR) Practices of Walmart

The researcher of this essay will make an earnest attempt to analyze the corporate governance model and corporate social responsibility (CSR) practices of Walmart in order to adjudge its efficacy in the contemporary business environment.... ... ... ... The research will be analyzing the institutional and regulatory environment in the US in order to assess its impact on the corporate governance model adopted by Walmart....

12 Pages (3000 words) Assignment

Wal-Mart and its Stakeholders

The author state that Walmart has been into controversies all around the world due to the continuous activities of unethical practices within the company.... A number of these go in favor of the company while a number of them oppose the company to be sufficiently ethical in its practices.... ... ...

12 Pages (3000 words) Research Paper