A cover page 5 to 8 page long not less than 5 any topic as long its relate to business ethics generated We can choose company talk about how company is ethical responsible You can use magazine and...

Ethical issues at wal-mart
Ethical issues at wal-mart
Assignment
Introduction
With the advancement in technology as well as globalisation of the business, there is evolution of markets as well as consumers. Today, millions of consumers are inclined to purchase similar products from organisation who are ethically and morally responsible towards the environment and society. For instance, there are many multi-national organisations like Nike, H&M etc which have faced strong boycotts by consumers as well as these organisations have been criticised by the general public due to their unethical practices in managing their labour. This had resulted in tremendous loss in revenue as well as goodwill. In today's dynamic world, it is essential that business implements strong ethical practices in order to survive as well as thrive in the market. By the virtue of this assignment, I have performed extensive analysis on the Walmart with respect to their ethical practices. Over the years the organisation has faced major problems like discrimination of employees, issues with illegal immigrations as well as various environmental issues. Wal-Mart's heads needed to adjust to working together in nations where there were totally different societies, client desires, and authoritative contemplations. As the organization started its development, its clients and its faultfinders turned out to be more public. For instance, in
Primary and Secondary Stakeholders
For any organisation to function it is essential that all the stakeholders are well-connected such that it is easy to communicate and work for the common objective. With respect to ethical aspect biggest stakeholder are the employees and environment. The management decision of Walmart to provide minimum wages and how the organisation treat their employees. If the organisation increases the wages then customers will have to increase the price of the products that might urge them to purchase from the competitors. Customers are also very important stakeholders for the organisation and organisation just can’t charge them extra since they are thinking to provide higher wages to their employees. Third very important stakeholders is environment since any operations that impact the surroundings makes them unethical to be pursued by the organisation hence, needs to be changed accordingly. Wal-Mart needs to design its operations which support all the pillars of sustainable development like environment, social and economic.
Applying Ethical Spectacles on the Organisation
Individualism - One of the primary goals of the business is to become profitable. This also holds valid in the law. Looking at the performance of the organisation once can confirm that the performance of Wal-Mart is very good. Therefore, the organisation is performing well in the individualist ethical way of thinking since the organisation is making value for the owners and partners
Utilitarianism - As per the Utilitarian theory, it believes that pleasure and happiness are intrinsic in nature. However, interpretation on this theory is very subjective hence can be explained in different...