Wal-Mart – Stakeholder and CSR policies Executive summary In this report I’ll try to show why Wal-Mart decision 8 years ago to develop a stakeholder management and a corporate social responsibility plan was a good decision for the company. The company realised that its image wasn’t really good in the public opinion; they were unable to communicate and reach the African-American community‚ they have a bad reputation toward women and also suffer from a lot of critics about their negative effect on
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impact of Wal-Mart on the local economy” Article Summary “The impact of Wal-Mart on the local economy” is an article based in a film released in 2005 called Wal-Mart: The High Cost of Low Prices. This article summarizes how Wal-Mart poor employment practices affect the local economy many ways in the United States with a great amount of controversy. According to statistics a typical Wal-Mart store hires anywhere from 150 to 350 new people but is estimated that more than half of Wal-Mart’s employees
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Financial Aspects of Wal-Mart Corporation Financial Leadership Mike Duke is the president and chief executive officer of Wal-Mart Stores‚ Inc. (Wal-Mart). From 2005 to February 2009‚ Mike served as vice chairman of the company‚ with responsibility for Wal-Mart International. As CEO‚ Mike leads a strong management team that is focused on keeping Wal-Mart’s mission of “saving people money so they can live better” relevant to every customer‚ every day. Since joining Wal-Mart in 1995‚ Mike has
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Impact of Wal-Mart on the US Economy With over 5‚300 stores in the United States‚ Wal-Mart has become one of the fastest growing retail chains in the United States (Rossi‚ 2005). Their many stores are not hard to find as you travel along many of the highways in the United States. With low prices and great deals it has become very difficult not to resist the inviting people greeting you at the door and massive signs that draw you to buy from their stores. Since the opening of its first store in
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Case Study 1.2 Rosalyn Rivera MGMT 5253 October 11‚ 2014 Professor Matthew Wallace One Nation under Wal-Mart 1. Facts Wal-Mart is now the world largest company. There are more than 8‚400 Wal-Mart stores worldwide. 140 million shoppers visit the U.S. stores each week. 82% of American households purchase at least one item from Wal-Mart every year. Wal-Mart controls about 30% of the market in household staples. Sells 15% of all magazines and 15%-20% of all CDs‚ videos and DVDs. It is expected
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The discussion of the future of Wal-Mart’s sustainability initiative should inevitably begin with the question “What is the end goal?” Are programs like the Sustainability Index a complex marketing tool to gain competitive advantage? Or do they reflect a sincere commitment to maximizing the social good‚ even at the expense of profits? In this essay‚ I will assume a convenient convergence that good corporate social responsibility and business profits are highly positively correlated. Thus‚ regardless
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Wal-Mart is a household word in the U.S.‚ but it is quickly becoming a well-noted name in the international realm. Wal-Mart became an international company in 1991 when a Sam ’s Club opened near Mexico City. In 1993‚ Wal-Mart International was created to oversee the growing opportunities for the company worldwide. The international area is under rapid growth and worldwide consumer acceptance. Wal-Mart has over 2‚660 stores in fourteen countries and the Low Price Promise is an advertising strategy
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In this case the ethical dilemma that face Wal-Mart is in fact the managers and owners of Wal-Mart are not responsible about their workers and employees in the company. They don’t care about taking the views of its worker whether the new technologies and the new developed method they apply are good and suitable for them or not. The only thing that they consider and take care of is profit and increasing the income and revenues. Although‚ taking the views of employees and make them happy and pleased
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Wal-Mart Internal/External Factors Team B MGT/230 February 4‚ 2013 Penelope Thomas Wal-Mart Internal/External Factors Sam Walton opened the first Wal-Mart store in Arkansas on July 2‚ 1962‚ (Carson‚ 1999-2013). The vision of Sam Walton for his store Wal-Mart was to provide lower prices and to reflect on the values of the community and the customer. Consumers remember Wal-Mart for its motto "customer satisfaction" and “guaranteed lower prices." Wal-Mart offers employee training for everyone
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Marina Rusanov Ethics Research Paper The Wal-Mart Effect: The overwhelming impact of the world’s largest company--due to its relentless pursuit of low prices--on retailers and manufacturers‚ wages and jobs‚ the culture of shopping‚ the shape of our communities‚ and the environment; a global force of unprecedented nature. (C. Fishman. Wal-Mart effect) Wal-Mart the superstore chain had first evolved over 30 years ago by its creator Sam Walton. Back then it was an idea to develop a one stop store
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