Premium Essay

Ethical Sample

In:

Submitted By lover1983
Words 2180
Pages 9
WHAT IS THE ETHICAL DILEMA FACING
WAL-MART & COSTCO?

Tamika Goodman

Mr. Sherlock-Prince

Ethical dilemma is defined as a complex situation that often involves an apparent mental conflict between moral imperatives, in which to obey one would result in transgressing another. Ethical dilemmas are aften cited in an attempt to refute an ethical syste, or moral code, as well as the worldview that encompasses or grows from it. Wal-Mart pushes it’s slogan “Always Low Prices”. Wal-Mart is the largest retail operation in history. . This company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012. It is also the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48% stake in Walmart. It is also one of the world's most valuable companies. Costco Wholesale Corporation is the seventh largest retailer in the world. As of July 2012[update], it was the fifth largest retailer in the United States, and the largest membership warehouse club chain in the United States. Both Companies are very succesful in selling every day essential needs to customers, and both companies are competitors against each other. The ethical dilemma facing both compaines is that each company have there own ethical principles, core beliefs and values on how the company is runned today. Walmarts

Describe each way Wal-Mart & Costco treat their Stakeholders?

Stockholders take risk to invest their money by establishing businesses. They deserve returns on their investment. They do not take risk to benefit any other party. Stakeholders also benefit from those investments in a free-market economy. In such an economy, the owners of

Similar Documents

Premium Essay

Sample Of Autonomy's Ethical Dilemma

...We will address the ethical perspective of the from several view points; the keys individuals are as follows: Cassandra (the seventeen year-old daughter), her mother, Connecticut Supreme Courts, Child Welfare and the health care provider. The principle of autonomy supports Cassandra’s firm decision not to proceed with potentially life-saving treatment. According to Butts and Rich (2016), Autonomy is the ability to make a decision for one’s self and have others abide by it (p. 518). The question is was Cassandra making a rational decision? The answer to this question may vary depending upon who answers the question. Certainly, her supportive mother believed it was a well thought out decision and she backed her decision regardless of the...

Words: 398 - Pages: 2

Premium Essay

Pyc3704 Assignment 1

...Assignment One: Data Sheet 1 Kimmy Givins NorthCentral University Dr. Boysen-Rotelli 08/10/2014 Date File 1 Chapter One 1) Determine whether the evaluated group is a population or a sample. a) Based on a randomly selected group of 500 patients with high cholesterol, it was found that 67% have heart disease. Is this a population or a sample; explain your answer. Sample is made up of of the raw data collected from 500 patients which is the sample and 67% is the sample statistics. Bennett, Briggis, & Triola (2009) the raw data is collected from a subnet of patient with high cholesterol (p.3). Which indicate this as a sample from the raw data and sample statistics. b) An investigation of 150 randomly selected local restaurants concluded that 42% of local...

Words: 1907 - Pages: 8

Free Essay

Critical Behavior in Research

...adhere to ethical norms, these values ensure the proper and initial aim of research is carried out. The law of ethics in research prohibit researchers from falsifying information or misrepresenting information to participants. Often times “research involves a great deal of cooperation and coordination among many different people in different disciplines and institutions, ethical standards promote the values that are essential to collaborative work, such as trust, accountability, mutual respect, and fairness”(Sent, 2003). The critical behavior in research analysis will analyze an ethical issue raised in the article, The Causal Generalization Paradox: The Case of Treatment Outcome Research, written by Graham L. Staines. The article by Staines discusses the causal generalization paradox. The ethical issue at the heart of the article is the use of improper sampling procedures. With the vast amount of research taking place and random assignment techniques, less of a priority is being placed upon random sampling. According to Staines,2008 experimental research typically selects units, in part or in whole, at the convenience of the researcher. The researcher then makes no attempt, or often times only a limited attempt, to ensure that this sample is an accurate representation of some larger group or population. This form of convenience sampling is an ethical issue simply because experimental data based upon the use of “convenience samples rather than probability based samples, there...

Words: 778 - Pages: 4

Free Essay

My Favorites

...84 CHAPTER 3 Research design, research method and population 3.1 INTRODUCTION Chapter 3 outlines the research design, the research method, the population under study, the sampling procedure, and the method that was used to collect data. The reliability and validity of the research instrument are addressed. Ethical considerations pertaining to the research are also discussed. 3.2 RESEARCH DESIGN It is the blueprint for conducting the study that maximises control over factors that could interfere with the validity of the findings. Designing a study helps the researcher to plan and implement the study in a way that will help the researcher to obtain intended results, thus increasing the chances of obtaining information that could be associated with the real situation (Burns & Grove 2001:223). 3.3 RESEARCH METHOD A quantitative, descriptive approach was adopted to investigate reasons why women who requested TOP services failed to use contraceptives effectively. 3.1 Quantitative This is a quantitative study since it is concerned with the numbers and frequencies with which contraceptive challenges were experienced by women who requested TOP services in terms of the 85 CTOP Act (no 92 of 1996) in the Gert Sibande District of the Mpumalannga Province of the RSA, during August and September 2003. 3.2 Description This study was descriptive because it complied with the characteristics of descriptive research as stipulated by Brink and Wood (1998: 283). • Descriptive designs...

Words: 4062 - Pages: 17

Premium Essay

Res341 Week 5 Team Paper

...team chose to conduct business research in the food service industry at which a high rate of employee turnover occurs. Using the methods learned throughout this course our team has selected the instruments we found to be the most useful in collecting data to develop appropriate research questions, hypothesis, research design, and result reporting. This paper will discuss and describe the following elements: 0. Research problem and purpose 0. Significance, scope, magnitude, and feasibility of finding a solution to the issue, opportunity, or problem 0. Research question, hypothesis, and variables 0. Research design 0. Instrument you developed or selected 0. Sampling method 0. Overall data analysis approach 0. Result reporting 0. Ethical considerations Preparing to Conduct Business Research: Part 3 Employees enter and leave companies all the time. For some industries, the rate at which this occurs is higher. One particular industry is the food service industry. Within the food service industry, the employee turnover rate is considerately higher when compared to the arts and entertainment industry which carried a voluntary turnover rate of 28.7% as of August 2006 (Retention Management and Metrics, 2000-2011). In fact, it was reported that a high voluntary employee turnover rate lies in the food service industry at a staggering 47% turnover rate (Linda, 2011). To tackle this problem restaurant owners and managers must address this because high...

Words: 1682 - Pages: 7

Premium Essay

Data Collection

...multiple options to consider before enrolling into an agreement and Ace Cable is conducting research to persuade more people to sign on with the company. The research included defining the population from which the samples were collected. When it comes to the population and the different samples collected, the main goal is to focus on customers and provide outstanding services by conducting customer interviews, and surveys including group interviews of all ages. There are several methods that have taken place concerning collecting samples. The individual interviews we have collected were samples by applying surveys, from face to face interviews, in-store feedback, and telephone surveys. These surveys and interviews are conducted on a daily basis. These surveys are taking place in order to better our business when it comes to Ace cable. Individuals are completing surveys by voicing their opinions when it comes to the services and the channels that are selected. By having these surveys and interviews in place, we are getting the best feedback on what type of services they are looking forward to and what needs to be improved. In regard to group interviews, samples are being collected by surveys that are conducted at the time of the interviews. The surveys samples that are collected deals with expectations, feedback, and improved service. By having these different outcomes taking place, we can collect enough...

Words: 855 - Pages: 4

Premium Essay

Sample Guidelines for Writing Ethical Arguments

...Sample Guidelines for Writing Ethical Arguments Your essay should be a position paper, not a report. The paper must make an ethical argument in defense of a thesis. It doesn’t matter what thesis you defend, but the argument must be clear and coherent. Depending on the topic, some outside research may be appropriate, but do not let that obscure the main purpose, which is to make an ethical argument. There are several possible ways to structure the paper, including one (or more) or the following: • Articulating and applying principles (such as love, respect for autonomy, respect for persons, the principle of utility, etc.) to the issue or to cases. • Investigating how one or more ethical sources work to support a particular view: for instance, how biblical principles or a religious tradition or a particular philosopher/philosophical school can be used to support your position on a focused issue. Such an approach should be critical, that is, with an awareness of where the philosophical or religious tradition is unclear or problematic and how others could use the tradition in a different manner. • Contrasting the arguments of two or more authors on an issue. • Developing and contrasting the pro and con arguments for a particular position. • Developing and answering a series of questions from general to particular, or particular to general. • Analyzing a case study. The reader of an ethical argument is looking for three main things in your essay: 1. a clear and interesting...

Words: 536 - Pages: 3

Premium Essay

Math

...Learning Outcome Four 1.3 reasons make samples rather than a census while going surveys: (1) Accurate (with appropriate sample size and efficient sampling method) Sampling can be more accurate than a census as there is greater control of interviewers and less chances of mistakes being made as the data is collated. (2) Economy (save money) Unit cost of collecting data in the case of census is significantly less than in the case of sampling, for example: In case of census is taken 300, while in the case of sampling is taken 2,000. But due to the larger number of items the total cost involved in the case of census is significantly higher than in the case of sampling. (3)Save time A simple may provide you with needed information quickly. For example, you are a Doctor and a disease has broken out in a village within your area of jurisdiction, the disease is contagious and it is killing within hours nobody knows what it is. You are required to conduct quick tests to help save the situation. If you try a census of those affected, they may be long dead when you arrive with your results. In such a case just a few of those already infected could be used to provide the required information. 2. The difference between sampling and non-sampling errors: Sampling errors reflects the differences due to chance. There are two ways may cause sampling errors. First one is called “The margin of error”, which is happened by Choosing the different sample. The result, sometimes, will be different...

Words: 1236 - Pages: 5

Free Essay

Jaffa

...INTRODUCTION Definitions Each country has its own currency through which both national and international transactions are performed. All the international business transactions involve an exchange of one currency for another Scope of the study * The study can help in analyzing Growth in currency derivatives. * Companies are looking to get a competitive edge * Quick returns are possible for short term profits in currency derivatives * Future growth of currency derivatives OBJECTIVES OF STUDY * OBJECTIVES OF THE STUDY The basic idea behind undertaking Currency Derivatives project to gain knowledge about currency future market. * To study the basic concept of Currency future * To study the exchange traded currency future * To understand the practical considerations and ways of considering currency future price. * To analyze different currency derivatives products. Limitations of the Study Every study is bound by limitations and as such this is no exceptions. 1. The analysis was purely based on the secondary data. So, any error in the secondary data might also affect the study undertaken. 2. The currency future is new concept and topic related book was not available in library and market. 3. Confidential matters were not disclosed by the company. 4. There were time constraints. Existing & proposed product Produts and services 1.Equity Trading The best way...

Words: 2725 - Pages: 11

Free Essay

Corruption in the South African Economy

...Research Proposal: A CRITICAL ANALYSIS ON THE IMPLICATIONS AND EFFECTS OF CORRUPTION IN THE SOUTH AFRICAN ECONOMY AND HOW IT CAN BE MANAGED About the writer: Tyson Thamsanqa Sibanda Rosebank College South Africa: Bachelor of Business Administration 3 (2015) Contact details; Tyson.msimanga@gmail.com 0027786500000 / 0027815993434 BACKGROUND AND ORIGIN Corruption in South Africa has been so widespread that, unless it is decisively tackled in this presidential term, there is a real danger that it will become embedded as a ‘normal’ aspect of life in our country. Once it becomes part of the ‘culture’ of our society, it will be almost unmanageable to uproot. Corruption is generally defined as the abuse of public office for private gain. It usually comes in two forms. Firstly, the alleged ‘big-time’ corruption which take place when public officials bend the rules to channel patronage to relatives, friends and associates, or accept bribes; as well when private agents bribe public officials to give them exclusive advantages or privileges. Secondly, there is the quiet corruption, which occurs when public servants purposefully neglect their duties to provide public services or goods. Quiet corruption may not involve an exchange of money, but involves providers of public services such as teachers, nurses or other government officials, twisting the rules for their own private welfares. This includes, for example, public servants, such as a minister or nurses not turning up for work when...

Words: 5145 - Pages: 21

Premium Essay

Snowball Sampling Essay

...these participants would help me to break drown some of the natural barriers that prevent such zoophiles from taking relevant part of my research. Method My first step would be to recruit one or two units belong to the Zoophilic population that may be willing to identify themselves as zoophiles. So, I might find these units throughout some Zoophilic websites.This would be the best method to reach these elements. Then, I will use these units to find further units and so on until an enough sample size is met. So, I might be obtaining names and contact information from one participant to another one with their permission. The fact is that snowball sampling contains sensitive topics regardless of respondents private information. That is why, I should ask other individuals to pass along, flyers, emails and hand outs that contain critical contact information. So, I could prevent a violation of my respondents' confidentiality or an invasion of their privacy. In other words to maintain the ethical standard of my research, I should send my participants snowballing recruitment letters to be signed. This way I could obtain the written permission of my population elements to reveal their identities via a check list item. This is how a recruiting snowball letter looks like. Dear [Mr. / Ms. LAST NAME], Thank you for your interest in [ Bestiality]. I am writing to ask whether you would be willing to pass along the enclosed information to friends and/or family members who may also be interested...

Words: 821 - Pages: 4

Premium Essay

Methodology for Media

...Methodology This chapter illustrates the methodology used in this survey. 1. Research design 2.1 Quantitative analysis To find out the disparity in traditional media and new media or the characters of new media from the perspective of quantitative analysis have become the direction which most scholars study at present (Lu, 2009:1). Net-news credibility constitutes the primary factor influencing on the efficiency of net-news spread, but accurate quantitative measurement is out of essential importance, especially in China. Generally speaking, it is the respondents that determine the most appropriate method. Every research method has its superiority and inferior position (Babbie, 2004:112). According to Schroder et al. (2003: 205), quantitative analysis is often used to investigate "individual style and identity issues". In order to understand and explore audiences’ attitude and opinion to online news, quantitative analysis will be applied to this research. 2.2 Selection method 2.3.1 Interview or questionnaire? Questionnaire is one of the basic tools for quantitative analysis. According to Hansen, Cottle, Negrine and Newbold (1998:225-227), Questionnaire can be used to ‘collect data about current attitudes and opinions’ and to identify ‘who takes up these media and why’. The data that collected from a population of respondents can be used to ‘support to, or to negate hypotheses or propositions’, and sometimes only provide common information...

Words: 2693 - Pages: 11

Premium Essay

Synopsis

...ASMA FATHIMA REG NO: 11SKCMA016 TITLE OF THE STUDY: “A STUDY ON PERFORMANCE MANAGEMENT SYSTEM OF LIFESTYLE INTERNATIONAL PVT LTD” 1. TITLE OF THE STUDY: “A STUDY ON THE PERFORMANCE MANAGEMENT SYSTEM OF LIFESTYLE INTERNATIONAL PVT LTD.” 1.0. INTRODUCTION TO THE STUDY: Performance Management System (PMS) includes activities which ensure that goals are consistently being met in an effective and efficient manner. Performance management can focus on the performance of an organization, a department, employee, or even the processes to build a product of service, as well as many other areas. PMS is also known as a process by which organizations align their resources, systems and employees to strategic objectives and priorities. In organizational development (OD), performance can be thought of as Actual Results vs Desired Results. Any discrepancy, where Actual is less than Desired, could constitute the performance improvement zone. Performance management and improvement can be thought of as a cycle: • Performance planning where goals and objectives are established • Performance coaching where a manager intervenes to give feedback and adjust performance • Performance appraisal where individual performance is formally documented and feedback delivered It is to understand the gap between two things: A performance problem is any gap between Desired Results and Actual Results. Performance improvement is any effort targeted at closing...

Words: 1406 - Pages: 6

Premium Essay

Hamilton Power Tools (a)

...needs, motives, attitude and values at a sub-conscious level. Purpose of research: The research was primarily exploratory to gain insights into reasons why people make certain purchases. Mr. Campagna also wanted to get a flavour of language people use in talking about chain saw. Analysis of method: The research was conducted in states of Illionois and Wisconsin. People who were selected for TAT were screened on basis of whether they planned to purchase a chain saw in next 12 months or already owned a chain saw or had used a chain saw in past. However this was the only information collected, ideally some more information must have been collected regarding their demographics and more regions could have been considered. They restricted the sample to only two states. How should Conway and Baggins respond to Hamilton’s question? Hamilton...

Words: 856 - Pages: 4

Free Essay

Marketing Research

...All of the following data are demographic data except a. income b. age c. education d. residence e. religion * Data Types The following question elicits _____ data. How satisfied are you with the last flight you took with American Airlines? Very Somewhat Neutral Somewhat Very Dissatisfied Dissatisfied Satisfied Satisfied 1 2 3 4 5 a. demographic b. psychographic c. attitude d. behavioristic Types of variables marketing researchers may work with include all of the following except a. nominal b. ordinal c. logistic d. ratio The variable in which numbers serve only as labels to identify or categorize objects or events is the ____. a. nominal variable b. ordinal variable c. interval variable d. ratio variable The following question will result in a ____ variable. Which is your favorite Yogurt brand? __ Yoplait __ Dannon __ Chobani __ Stonyfield __ Other () a. nominal variable b. ordinal variable c. interval variable d. ratio variable Which type of scale is the following question? Please rank the importance of the following product features in your decision to buy a laptop computer. (1=most important, 4=least important) a. Rank order b. Likert scale ...

Words: 679 - Pages: 3