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Wal-Mart has become one of the most predominant retail stores in the history of America. Wal-Mart like any other store faces ethical issues in the work place. Like any other position in management Wal-Mart wants there management staff to be familiar with there Statement of Ethics. The Statement of Ethics that Wal-Mart has applies to all the associates including CEO’s. Wal-Mart has put into place an arrangement that allow two parties that are joined together before a deal for example a shareholder and corporation would be called a related-party transaction avoiding conflicts of interest. The related transaction deal requires senior staff members the report the related material to the Wal-Mart. All the associates at Wal-Mart are aware of the ethical procedures and are expected to obey being honest putting the ethical conduct in place at all times. In a message from the founder of Wal-Mart Sam Walton on ethics he states “Personal and moral integrity is one of our basic fundamentals and it has to start with each of us.” In the introduction of Wal-Mart’s ethics there is an explanation of all responsibilities encouraging the employees to report any violation they may feel is a violation of ethics. There are even ways that Wal-Mart has made it possible to be a private citizen when reporting these violations. The procedures set in place are the same in every location there is an Open Door policy which helps to raise any concerns one may have about a violation of ethics without the fears and consequences. Wal-Mart’s statement of ethics introduces a fair legal and honest workplace environment helping associates to learn what needs to be done when ethical conduct has taken place.

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