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Business and society
Walmart economic, legal and ethical responsibilities
Walmart economic, legal and ethical responsibilities
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Good and Evil on the Rail Case Study Sanchez’s love for trains since his early teenage days led him to his career as a Locomotive Engineer in Metrolink commuter rail system. He loved his job, had a few disciplinary issues here and there; absences and failure to follow rules set mostly in the use of his cell phone during operation hours. On September 12, 2008, a day like any other, he was up ready for his daily routine. On this day, Sanchez was chatting with a teenage rail fan that he planned on sneaking in later in the day. He started by disobeying protocol; he passed a yellow rail light past Chatsworth station failing to notify the dispatcher and call out. After passing this station, he made a critical mistake. As always, he doesn’t obey some of the rail light signals, seeing a red light ahead signaling him to STOP, he fails to signal dispatch on signal whilst not stopping. His train passed over a power switch turned meant for an oncoming freight train; the two trains collided, killing 25 people, leaving many injured. An investigation had to be done by the National Transportation Safety Board (NTBS). Its aim was to investigate transport accidents and make safety recommendations. NTBS did a detailed analysis of the accident also focusing on the management of Metrolink. Sanchez was hired and being supervised by Connex who ran the trains owned by Metrolink but, overall responsibility for the operations was undertaken by Metrolink themselves. The efficiency tests on every railroad were done by Connex. Their role was to observe the trains, monitor the radio traffic, and the analysis of data collected recording devices in locomotives so as to check the employees’ compliance to set rules (Steiner & Steiner, 2011). With all the test... ... middle of paper ... ...nst any Walmart employee without their lawyers and legal advisors intervening. It has a legal obligation the protection of its shareholders operating business in sound mind against any law suits, thereby minimizing lawsuits that are costly. Walmart has the responsibility having to comply with either local or state or federal laws set and adhering to consumer laws. Walmart has an obligation to contribute in the economy by the provision of well paying jobs, fair profits to their shareholders and buying lots of merchandise from the local American manufacturers. Works Cited Carroll, A. B., & Buchholtz, A. K. (2006). Business & society: Ethics and stakeholder management. Mason, Ohio [u.a.: Thomson/South-Western. Steiner, J. F., & Steiner, G. A. (2012). Business, government, and society: A managerial perspective : text and cases. New York: McGraw-Hill Irwin.
Within an excerpt from, “The United States of Wal-Mart,” John Dicker explains that Wal-Mart is a troubling corporation. Dicker begins his article by discussing why the store is so popular within the news in an age of global terrorism, coming to the conclusion that Wal-Mart has a huge scope in the United States and that it has more scandals, lawsuits, and stories than any other supercenter. Continually, he goes on to explain that Wal-Mart outsources jobs and their companies demands makes it hard for employees to have livable wages and good working conditions. Furthermore, Dicker addresses the claim that Wal-Mart provides good jobs, by destroying this perception with statistics showing how employees live in poverty and that their union scene
Besides all the points that I have stated, Wal-Mart has had to pay fines due to breaking Child Labor laws and Illegal Immigrant laws; fines up to $11.5 million for just those two types of laws. Wal-Mart is not good for this economy, for the people, and the company, in a whole, is criminal. If the people let Wal-Mart stay on the track it is on, the United States will not have anything but Wal-Marts. Wal-Mart will become a monopoly and put everyone, who started with something more than greed, out-of-business.
Walmart is a company that can be seen from many different perspectives. Due to its vast size; it can be easy to identify its faults and environmental issues surrounding the company. However, they are well aware of these problems and criticisms and have made many efforts towards issues around the world. The motivation and desire Walmart have to improve the world we live in today can be seen through their treatment of employees, suppliers as well as their efforts towards the environment and other humanitarian issues. Given this, there is still endless resources on the web proving the company to be one of a negative burden on society.
Coupled with the lack of supervision and the temptation of dealing with drugs and money the CRASH unit get into a lot of trouble when the thin blue line was broken by Officer Rafael Perez. Perez was brought in after being caug...
The Wal-Mart Corporation is a multi-billion dollar low-cost retail organization, consisting of 6400 stores and 1.8 million sales associates worldwide. Wal-Mart’s influence on the retail world and the enormity of their corporate size is unparalleled. Wal-Mart can easily report sales of $312.4 billion dollars per fiscal quarter and net profits of $3.8 billion dollars. Wal-Mart promises her customers "Always low prices. Always!" and upholds this motto by providing low prices to her customers and high return on investment to her stockholders. One way that Wal-Mart has managed to maintain a competitive edge over other low cost retail giants and provide low prices is by cutting wages and by not offering too many company benefits to their employees. Full-time employee working at Wal-Mart only make $8 an hour, while only 45% of the workers can afford to be covered by health insurance. Wal-Mart also increase part time employees from 20 percent to 40 percent so that they do not have to cover all of their employees for health insurance . Although Wal-Mart may not provide excellent benefits to her employees, it successfully performs as a legitimate business operating in a capitalistic society. Wal-Mart upholds the primary fiduciary duty to satisfy her stockholder and follows free the market libertarianism model, which states that a business should not interfering with the free market. In a free market Wal-Mart has a direct responsibility to her primary stockholders rather than the employees of a company.
In the story the “train switch dilemma” a single train car is rushing toward a group of five unknowing workers who cannot hear the train approaching. Another train worker, who we will call Alex is working at his summer job, he sees the train headed for the five unknowing workers. Alex notices a rail switch lever which if pulled will divert the train unto a different track, however, if Alex pulls the rail switch lever he sees that it will divert the train to a track with one lone worker surly killing the one standing alone. The rail switch lever presents the following dilemma, do nothing and the train continues on its path towards the five, or pull the rail switch lever and send the train towards the one person. In this essay I will show why Alex should not pull the rail switch lever and doing so would be morally wrong. Making a choice that results in the intentional killing of someone and ignoring his or her value would be
Ciulla, J. B., Martin, C. W., & Solomon, R. C. (2007). Is "The Social Responsibility of Business... to Increase Its Profits"? Social Responsibility and Stakeholder Theory. Honest work: a business ethics reader (pp. 217-253). New York: Oxford University Press.
At the beginning of the industrial revolution in England during the mid-nineteenth century, the railroad was the most innovative mode of transportation known. The British Rail system was a forerunner in railroad technology, uses, and underground engineering. Though the rail system was extremely slow at first and prohibitively expensive to build and run, the British were not to be dissuaded in their pursuit of non-animal driven transportation. The most advanced mode of transportation prior to the introduction of the rail system was the horse drawn omnibus on a track, called a tram. This paper will examine the rail system from a cultural perspective, presenting the impact the railway had on everyday lives in Victorian London and its surrounding communities.
According to Ferrell (2004), “Organizations create ethical or unethical corporate cultures based on leadership and the commitment to values that stress the importance of stakeholder relationships. Establishing and implementing a strategic approach to improving organizational ethics is based on establishing, communicating, and monitoring ethical values and legal requirements that characterize the firm's history, culture, and operating environment” (p. 129). Ethics programs ensure satisfactory relationships with all stakeholders by aligning with all of their demands and needs, and determine conduct with customers and relationships with regulators, shareholders, suppliers, and employees (Ferrell, 2004).
8 months. The workers put down their tools and gathered at their offices in protest. The train
In the story the signalman is shown as being powerless to stop the horrible accidents involving the train just like humans are powerless to prevent train crashes from happening.
This essay is about stakeholder management and the way in which values, ethics and beliefs underlie business decisions. The work is based on the British American Insurance (Mauritius)Co. Ltd hereby referred as BAI.
It should also mandate that two certified crew members must be in the cab of the locomotive to ensure safe and efficient operations. The use of autonomous technology in the rail industry is extremely limited, not fully developed and has been found to have enormous complications and failures. Even the limited implementation of safety overlay systems including positive train control and trip optimizer, both developed as a safety overlay system to assist human performance not replace it, have proven to be unreliable. Trip optimizer has had several documented failures that without human oversight could have led to catastrophic results. Positive train control also has not been implemented long enough with human oversight to even fully study what impact it may have or what complications and faults need to be corrected.
While no one was injured it was a very costly mistake and this Carman was punished with 10 days off with no pay. This could have been easily avoided by taking more time and better communication. If employees are urged to always stay aware and safe it will cut down on accidents on all fronts. Incidents like this happen many times a year at rail yards across the country. It normally doesn’t make the news because it happens so often.
In today’s fast paced business world many managers face tough decisions when walking the thin line between what’s legal and what’s socially unacceptable. It is becoming more and more important for organisations to consider many more factors, especially ethically, other than maximising profits in order to be more competitive or even survive in today’s business arena. The first part of this essay will discuss managerial ethics[1] and the relevant concepts and theories that affect ethical decision making, such as the Utilitarian, Individualism, Moral rights approach theories, the social responsibility of organisations to stakeholders and their responses to social demands, with specific reference to a case study presenting an ethical dilemma[2], where Mobil halts product sales to a garage, forcing the garage owner to stop selling solvents to young people. The second section of this essay will focus on advice that should be given to any manager in a similar position to the garage owner with relevance to the organisational strategic management, the corporate objective and the evaluation of corporate social performance by measuring economic, legal, ethical and discretionary responsibilities. It will address whom to think of as stakeholders and why the different aspect could cost more than a manager or an organisation could have imagined.