S. Department of Labor over using
Medicaid as a replacement for providing their own healthcare, per the
(Department of Labor, 2005).
Wal-Mart has become a symbol of what happens when manufacturing costs
in developing nations drop faster than manufacturing efficiency in
developed nations can compensate for. Wal-Marts' ethical lapses stem from
their willingness to take overt advantage of this market dynamic, at the
expense of child-staffed 3rd world factories, illegal immigrants cleaning
stores in the US and Canada where the common retort is "no one wanted the
jobs who were citizens" is no excuse for the ethical lapses
, driving smaller suppliers off-shore or out of business by unreasonable
pricing demands, and most serious, attempting to bend the labor laws of the
United States to their competitive advantage.
Wal-Mart's initial insistence there was no variation in their pay
levels for men versus women, both at the associate and managerial levels,
has since also been proven statistically wrong (Richard Drogin, Ph. D.
2003). Dr. Drogin has shown that despite women being more loyal employees
by both delivering exceptionally high levels of performance and more years
of service than men, their pay scales at significantly lower. The most
glaring is the difference in salaries for Regional Vice Presidents. Women
occupy only 10.3% of these positions and earn $279,772 versus $419,435 a
$139,663 difference, equating to only 66%...
Ethical Responsibility of Corporate America Many organizations strive to increase their profit margins by doing everything possible (including unethical practices) to increase their revenues. Nevertheless, the past three decades have seen some organizations embracing CSR (Corporate Social responsibility). This idea has become significantly important to almost every organization that seeks to increase revenues. Corporate social responsibility is also referred to as community responsibility, stewardship, corporate sustainability, corporate responsibility, accountability and corporate
Ethics Leadership Analysis One of the biggest advantages of globalization is that many different companies are able to receive cheap labor to produce a wide variety of products that are sold at numerous retail stores in the United States. However, an ugly facet to what has been happening, is that there are a number of different sweat shops in a host of regions around the world and in some cases within
Wal-Mart's SWOT Analysis and Generic Business-Level Strategy Walmart's SWOT Analysis Wal-Mart's SWOT Analysis and Generic Business-Level Strategy Wal-Mart's SWOT Analysis and Generic Business-Level Strategy Wal-Mart Wal-Mart is the world's leading corporation in the retail industry. It operates in 27 countries of the world with 69 well-recognized brands. With this huge scale of operations and vast business network, Wal-Mart serves a large number of customers with numerous product categories in its retail stores, departmental stores, and
Robson Walton - Chairman of the Board of Directors of Wal-Mart Stores, Inc. Stephen P. Whaley - Senior Vice President and Controller Eric S. Zorn - Executive Vice President and President, Wal-Mart Realty III. INTERNAL ENVIRONMENT: STRENGHTS and WEAKNESSES A. CORPORATE STRUCTURE Wal-Mart's retail division is formed from four major subsidiaries: Wal-Mart Discount Stores, Wal-Mart Supercenters, Wal-Mart Neighborhood Markets and Sam's Clubs. (Wal-Mart Facts, 2007) Wal-Mart Discount Stores more than 1,000 in U.S. alone average
Corporate Mission As the largest mass merchandiser in the world, Wal-Mart's work in supply chain execution, research, and policies defines best practices for the broader high volume retailing industry worldwide. Wal-Mart is comprised of three operating segments including the Wal-Mart stores, Sam's Club and the International Stores. The typical Wal-Mart discount store as 50 departments or more and a few are offering groceries in addition to apparel, fabrics, stationery and books,
For Wal-Mart, cost is the sole determinant of their purchasing policy. In terms of production costs, other countries have a competitive advantage over the United States. China, for example, has a technology level almost equivalent to the United States, which enables it to produce reasonable-quality goods. Their advantage, however, lies in labor costs. The average Chinese worker makes $100 per month. American factories simply cannot compete with that in
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