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Corporate social responsibility in the business world
Corporate social responsibilty
Corporate social responsibility in the business world
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On to Walmart one of the biggest supply retail chains in the world and their social responsibility takes a radical turn. Under all that ‘save money, live better’ is a world that not many people see or experience. Walmart uses differesnt tactics to hide, manipulate, and operate under the scrutiny of the public. With such things as the environment, giving back to the community, responsible resourcing the wrongs have succeeded in being in the forefront of what consumers, employees, and the world sees. By setting up a smoke screen Walmart portrays themselves as a great company however, evidence shows the opposite. Taking into consideration the environment lets see how Walmart has impacted the world with what they have not done or at least tried to cover up. Just the waste alone is outstanding and it is stated by corporate that more than 80% is being diverted, but to where? (Walmart corporate, n.d.) They also state that they have different ways to get rid of waste for example, cardboard, plastic bags, aluminum, and many others. As a former employee in a retail store I have seen how none of that was happening. When in training we were told to just put all waste in the same bin because no one can see into the trash …show more content…
Lego strives to ensure safety within their factories by new machinery, better ways to manufacture the product with chemicals, and with the wages and advancement that each employee can achieve. Walmart makes their employees work mandatory shifts, low paying wages where they have to get on state assistance, to the conservation of the environment. Would going to work many hours a week, low pay, and the factor of safety working against you be a great career move? I am sure not. Lego acts like they cherish their workforce and hence the reason why so many of their employees do not leave the job because of what they offer compared to Walmart where leaving the job is a
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.
Roberts, Bryan. Berg, Natalie. Walmart: Key Insights and Practical Lessons from the World's Largest Retailer. Kogan Page Limited, 2012. Print.
But Wal-Mart’s care for us goes beyond that simple relationship. As many of us have seen if we have been to a Wal-Mart, they hire people who normally would not be able to get a job. The company knows that by broadcasting itself as positive and helpful in nature it can increase its revenue and in turn increase the amount of assistance it provides to us the consumer. “In 2004 Wal-Mart donated over $170 million. More than 90 percent of these donations went to charities in the communities served by Wal-Mart stores.’ Even more heartfelt than this, Wal-Mart was the leader in goods based relief efforts for victims of hurricane Katrina. “Walmart’s response to the hurricane was lauded even by its critics: it donated more than $20 million worth of merchandise, including food for 100,000 meals, and it promised jobs for all of its displaced workers.” And the first supply truck to arrive at the superdome was a Wal-Mart truck.
Wal-mart is currently the world’s largest company. It has seen continuous growth and financial success since it was founded in 1962. Today it is living off of a previous reputation of solid ethical business practices that are no longer being exercised. Sam Walton, the founder of Wal-mart, was considered to be “freakishly cheap… Cost-cutting was an obsession in the Wal-mart culture… on business trips, everyone, including the boss, flew coach, and hotel rooms were always shared.” (reclaimdemocracy.org. 2006). This was only part of the reason for Sam Walton’s success.
Wal-Mart represents the sickness of capitalism at its almost fully evolved state. As Jim Hightower said, "Why single out Wal-Mart? Because it's a hog. Despite the homespun image it cultivates in its ads, it operates with an arrogance and avarice that would make Enron blush and John D. Rockefeller envious. It's the world's biggest retail corporation and America's largest private employer; Sam Robson Walton, a member of the ruling family, is one of the richest people on earth. Wal-Mart and the Waltons got to the top the old-fashioned way: by roughing people up. Their low, low prices are the product of two ruthless commandments: Extract the last penny possible from human toil and squeeze the last dime from its thousands of suppliers, who are left with no profit margin unless they adopt the Wal-Mart model of using nonunion labor and shipping production to low-wage hellholes abroad." (The Nation, March 4th 2002 www.thenation.com/doc.mhtml?i=20020304&s=hightower).
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.
Walmart is one of the most successful franchises of all time and continues to take fire from multiple angles, whether it’s about the costing of jobs, the wages, the health insurance, the small business destruction, or the environmental impact, but can always back itself up by negating those claims with facts that proves that it is beneficial to the community.
Today Wal-mart has a higher GDP than the entire country of Switzerland, but don’t worry they’re pretty neutral about it. But there has also been news about how they treat there employees. In 2004 an article was released entitled Everyday Low Wages: The Hidden Price We All Pay for Wal-Mart, and soon after Washington got involved. The bad publicity took a toll on Wal-mart and in fact is still today, Maryland passed a law in January, 2006, that said larger employers, such as Wal-mart, must spend at least 8% of their payroll on health benefits for their employees, and now many other states have followed suit. The bad publicity also made it so 8% of customers shop elsewhere because of what they’ve heard, this has caused lower expected sales around the holidays during 2004, and 2005. Some things they’ve done is in 2006 they paid employees on average 9.36 dollars, while other major retailers like Target and Sears pay on average 11.08 dollars. While this can be easily denied by Wal-mart, another way they have gained bad publicity is from something called off-the-clock work. If they had not finished their job they had to clock out and then still finish their job, meaning they wouldn’t get paid for
Walmart has had a long-standing presence in America society since the middle of the 20th century, seen as a place to get everything done, Walmart has become a fixation in our society. From grocery shopping, to changing your oil and even filing your annual tax returns, Walmart is always there, everyday. Started by Sam Walton in 1962, it began as a small operation catering to a small Arkansas community. It was started on principles very similar to small local businesses in small towns. Today Walmart has gotten a different, darker reputation. On the surface, Walmart may seem like the solution to everyday issues. Low-income families are attracted to the low prices, and people who work odd hours benefit greatly from the 24 hours a day that many Walmarts are open. Lately, Walmart has also managed to be publicly recognized as a store that sells many of today’s green products, including organic food, environmental conscious cleaning products, as well as, paper products made from recycled paper. However, underneath all this, Walmart has a different side. Exploitation of its workers is widespread amongst Walmarts who do not belong to a union, especially in the United States. Wal...
With that, Walmart are able to provides products that are beneficial to the environment and customers can be aware that how much impact the products they bought can do to the environment. Walmart buy products from more than 60,000 supplies from 70 countries. With the Sustainability Index, Walmart can make sure that the products bought from the suppliers do not harm the environment. When Walmart are able to reduce the waste products from the organization, they can cut the cost and provides lower prices for customers. By reducing the waste of the products, Walmart can save millions
While keeping in mind they are a business which rely on profits. Walmart is a popular company that is known for their low prices. This corporation is also known for giving back to communities by making charitable contributions of 100,000 grants annually, as well providing disaster relief to various countries burdened by disasters and donated $100 million dollars to neighborhoods and law enforcement agencies. They also provide employees with college grants to obtain a two or four year college degree, Walmart is investing in their employees by giving them an advantage in their future. Walmart has also found ways to reduce waste by creating materials that are nontoxic and are recyclable friendly. With the use of sustainability, strategic philanthropy, causing marketing, shared values and stakeholder that is why this company was ranked number one by Forbes list in
How does expanding internationally benefit Wal-Mart? What factors drove Wal-Mart to start expanding business across national borders?
Walmart’s vertical integration and acquisition made it takes competitive advantage on suppliers and other competitors. I can see this as a strength is because Walmart’s supply chain is very efficient and it owns a strong bargaining power to its suppliers. It also introduced new technologies such as the latest just-in-time system to its daily operation to make Walmart runs more effectively. Furthermore, its vertical integration and acquisition allows Walmart to lower the cost of its goods or raw materials, which give its pricing strategy more flexibility, compare to its competitors.
This is where a firm is more about making money, than it shows concern for the people affected buy their actions and decisions. Whither an employee, the manufacture, or the people in the community they serve. Walmart is a vivid example of this very thing. It is also an example of a firm with a large economic wealth and a low CSR reputation. Even though Walmart operates over 11,000 retail units under 65 banners in 28 countries and employ 2.2 million associates around the world –1.3 million in the United States lone. (Our Locations,