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Walmart Case Study Summary

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1. Bangladesh issue
It cannot be denied that Walmart is a discounted store whose motto is always selling at low, affordable prices. However raw materials and labour cost a lot and if Walmart does not adopt strategies (like it has been doing), the company will not be able to live up to its customers’ expectations. However, what Walmart can do is input some transparency in its operations by offering training and development programs to the countries that manufacture its products. Walmart can invest into better working conditions and security for the workers. This shall benefit the workers as well as the company. It would help Walmart gain back its good reputation, motivate workers and Walmart would be able to trade openly …show more content…

To remedy this problem what Walmart can do is invest into training and development programs for its personnel at all levels in the company. Leaders must also be trained as to how to motivate the employees that works under them. Taking care of the company’s human capital will only result into profitability for the company while giving the employees the feeling of being accounted for.

4. Bribery scandal
After the scandal, there is no going back, the reputation of the company is already tarnished and putting the blame on someone else will not help Walmart achieve anything. The least the company can do is reassess its governance strategies in terms of leadership. Walmart can also add ethical management departments within its operations and concentrate more on its stakeholders.
The stakeholder theory asserts that while a company maximises profit for shareholders, it fails to do so for society and its members altogether. Stakeholder should be included in decision making processes because according to the theory, this shall benefit shareholders, it is the actual moral and ethical way to behave and it reflects what is really happening in an organisation. Therefore applying the stakeholder theory can help Walmart manage issues as related …show more content…

This would help employees in situations whereby making ethical choices are not readily apparent. An integral code of ethics will also reduce subjective and inconsistent management ideals. It shall also shape the responsibilities and rights of employees and help employees against preferential treatment of managers. A code of conduct will help Walmart in complying with government regulations and build good reputation and public trust. This shall enhance stakeholder’s view of the company and benefit the company, its stakeholders and the society as a

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