Case 5 - Dupagan Jeremy Linsangan Jessica Mao Nezzie Jude Ong Pauline Zia Seratubias Aira July 6 2015 Case Walamart Manages Ethics and Compliance

Case 5 - Dupagan Jeremy Linsangan Jessica Mao Nezzie Jude...

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Dupagan, Jeremy July 6, 2015 Linsangan, Jessica Maño, Nezzie Jude Ong, Pauline Zia Seratubias, Aira Case: Walamart: Manages Ethics and Compliance Challenges Summary: Wal-Mart Stores, Inc. is considered one of the leading and world’s largest retail enterprise. 1 It is also one of the world's largest employer employing 2 million people. It has been featured in Fortune magazine a lot times, always had a place at the top and was awarded as the most admired company in America. Started by Sam Walton in 1962, Walmart began with great ethical standards and customer relations. They have incorporated within them the 10 foot rule of dealing with customers. Guided by Walton’s staunch work ethic and dedication to customers, they claimed that formal ethics program was unnecessary. However, overtime, the company started to deviate from their original motto and has been embroiled in a series of scandals, including multiple bribery cases. They used their bargaining power and market control to pressure countries to condone environmental degradation and violation of national labour laws. Although denied by Walmart, they were said to oppose any form of collective action, even when employees are not seeking unionization, but simply more respect. They engaged in illegal and unethical behaviour and worst of all, was linked to deaths of hundreds of people in a workplace accident. Throughout these cases and accusations, Walmart saw this factors as a sign for the pending need for improvement. As such, they tried to tie up loose ends by going engaging in activities that would bring back the once admired Walmart. They tried to go back to the original
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  • Summer '15
  • Ethics, Sam Walton

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