Ethical Reforms in Walmart Free Essay Example, 3000 words

Presently, the company has witnessed a percentage of increase in its annual sales from that of the last year, i. 2009, incurring total sales volume of $405,046. To state about its employment opportunities the company has a wide range of African-American, Pacific Islander, American Indian employees comprising more than 870,000 female employees. Apart from the fact that the company is indeed a diversified private employer, the company also has a diversified product range to serve its customers. It serves the potential customer through Walmart Supercentres, Discount stores, Sam s Club Warehouse, and the Neighborhood markets (Walmart Stores, all these facts and figures till date the company owns a remarkable position in the world market according to its market share and competency that made it stand as one of the leading retail companies as well as the largest private employer. Being powerful and reputed the company certainly has a significant responsibility towards its stakeholders, i. the customers, the investors or the shareholders, the employees and of course to the community in which the company exists. Accordingly, the company also needs to compel a degree of business ethics not only to gain a sustainable amount of goodwill but also to justify with the interests of its stakeholders in an overall perspective. We will write a custom essay sample on Ethical Reforms in Walmart or any topic specifically for you Only $17.96 $11.86/page Walmart is also not excluded from the matter. These principles become much more important for a huge company like Walmart because it not only builds a trust within the customers and employees but also helps in achieving a certain amount of goodwill in the market.