Tuesday, February 25, 2020
Analyze ethical aspects of organizational decision-making at WalMart Term Paper
Analyze ethical aspects of organizational decision-making at WalMart - Term Paper Example It is running successful business almost in all major countries across the globe and perhaps that is the reason why it is known as the largest retailer in the world. This paper tries to through a light on the ethical activities carried by Wal-Mart. The essay also takes into account the case of bribery the firm faced in Mexico and how it curves its way out from the problem. Wal-Mart is often termed as a hypermarket, it operates to sale varied range of goods and services to the consumers; like from dairy products to meat, cellular phone stores to pet shops. ââ¬ËLow price alwaysââ¬â¢ is the jingle used by the company commonly, it provides goods at the most competitive and resalable prices (Stone, 1997). It is estimated that most of the consumers of Wal-Mart has no bank accounts and their income is almost less than that of the national average. Founded in 1962 the company was supposed to serve a healthy competition for all the other small retailers in the market. Bribery in Mexico Like all that glitters might not be gold, these are various complains against the giant organization of Wal-Mart. It is believed by many economists that the poor communities in U.S. are unfavorably affected by the special discounts given by throng merchandisers like Wal-Mart. It was analyzed that the company will made small retailers in U.S. ... The company found it to be beneficial to open a business wing in this zone as it is situated in a crowded location of the main entrance of the city and it is only a mile away from the prehistoric pyramids that sketch large strength of people as tourists. It was estimated by the analysts of the company that almost 250 customers would come each hour provided the store of the company was established in the chosen location. There was one big hindrance that came up to the business plans of the company, the elected leaders of the town decided to settle up a new zoning map. The leaders wanted to frontier the growth near the pyramids. It was also estimated that the way in of the city was already very crammed thus it would not be an efficient decision to allow Wal-Mart establish there new store in that location. This annoyed the officials of the headquarters of the company in Mexico. It was in records and interviews that the company responded to the unfavorable zoning conditions by offering a bribe of about $52000. The zoning map would not become an edict until it would come in print in the newspapers. The bribing offices of Wal-Mart bribed an executive before the new zoning map was sent in the media. Thus when the modified new zonal map was issued it gave the legal allowance to Wal-Mart to open its new store in the entrance of Mrs. Pineda's field. The protesters oppose the very entry of Wal-Mart in a location that was very near to the cultural heritage but amidst all the difficulties Wal-Mart de Mexico established their business in the grounds of the city. The business running in the entrance of the city made its crowded traffic worse off, the company almost contended the long-established community markets and ruined them. The news of Mexico was mostly covered with grumble of
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