Specifically, insight into the organization’s involvement and responsibility to the community it serves will be shown. Additionally insight into factors influencing Wal-Mart’s social responsibility strategies and identifying the organization’s social initiative will give a better understanding of contributions to the local community. Finally the paper will present the potential ethical and moral effects of the organization’s social initiatives. “Wal-Mart is the largest retailer
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to participate on an equal footing in global commerce. • Question 6 5 out of 5 points What U.S. company is the best example of using globalization to reduce the price of its products? Answer Selected Answer: Walmart. Correct Answer: Walmart. • Question 7 0 out of 5 points An example of a Global Action Network, or GAN, is: Answer Selected Answer: The World Trade Organization. Correct
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Corporate Social Responsibility Literature review Today, the highly competitive business environment demands an increasingly sophisticated market strategy. In order to satisfy customer’s needs and gain competitive advantages, companies have to take consistent effort to create further value in to their products or services. In the meantime, worldwide government’s policy and legal system are adding more pressure on environmental sustainability. On top this, modern customers are asking for sustainable
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ALLIANCE_UNIVERSITY, BANGALORE SUBJECT NAME & CODE: Business Ethics and Corporate Social Responsibility, MGT A-510 BATCH: 2013-2015 DSA ASSIGNMENT Sustainability, environmental responsibility, and Business. Submitted To: Dr Soumen Mukherjee Associate Professor Alliance Business School Submitted by: PENMETCHA BHASKAR VARMA Course & Section: MARKETING Roll No.: 13010221085 Date of Submission: 10-09-2014 SUSTAINABILITY:- Sustainability refers to ‘Continued development
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Corporate Social Responsibility 1 Corporate Social Responsibility Southern New Hampshire University Trenise Graves Corporate Social Responsibility 2 Executive Summary Corporate Social Responsibility has become the main initiative for companies looking to capitalize on sustainability and humanitarian
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influence, termed corporate power- refers to the capability of corporations to influence government, the economy, and society based on their organizational resources. - Power is often a function of size and by almost any measure used, the world’s largest business enterprises are impressively big. -One way to get a sense of the economic power of the world’s largest companies is to compare them with nations -The size and global reach of major transnational corporations such as Walmart give them tremendous
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What ethical issues faced by MNC's in their treatment of foreign workers could bring allegations of misconduct in their operation? Answer: The ethical issues faced by MNC's in their treatment of foreign workers are given below: a. Employing child labor b. Using workers overtime c. Paying unfair salaries d. Treating inhumanly with workers e. Providing poor working condition for the employees f. Women discrimination g. Unfair business with minorities such as older worker, religious minorities
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there is still a lot of room left where government can play its part. i am a manager at walmart and from my personal experience there are lot of rules and regualulations are implied by the government when i was hired as a manager i have to pass the federal test for food safety. in order to pass the test i had to learn the temeperatures at which a particular food should be cooked and held besides that in walmart stores all the product in fresh produce area are labeled with either its organic , non-organic
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Ethics & Corporate Social Responsibility On an Organization Abstract Corporate social responsibility and business ethics have become the focus of an increasing amount of attention from the business sector and academicians following the scandal-ridden era of Enron and others during the 1990s. Although the findings from the research to date are mixed, there is a growing body of research in this area that has lent support to the notion that ethical business practices and corporate social responsibility
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environmental and social problems, such as Aids, poverty, health and pollution, particularly in developing economies, to more specific ones that focus on doing business with integrity and transparency. The common denominator is that corporate activity should be motivated in part by a concern for the welfare of some non-owners, and by an underlying commitment to basic principles such as integrity, fairness and respect for persons. The concept of corporate social responsibility therefore means that
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