Wal-Mart--Are they doing anything unethical Essay

Wal-Mart--Are they doing anything unethical - Essay ExampleBusiness ethics should be followed or consequences will result which can be unhealthful to all. Machan (2003) lists the meaning of business ethics as a discipline specializing in the examination of answers to the questions How should I act or What standards ought I use to guide my conduct...Business ethics assumes transaction and business are, as a rule, morally proper. In the quest to maximize profits, some businesses do not act in an ethical manner. It is an ever-increasing problem as business acquire more profits, they tend to behave in an unethical manner. However, a business can still maximize profits,This essay shall focus on small businesses in regards to ethics. Small businesses are more flexible and if they adopt innovative methods and technology, they can increase growth can increase growth content (which leads to more jobs), better profitability, and more purchasing power. However, businesses tend to act in way s that are not moral and are unethical in their rocking horse to maximize profits.In the beginning, Sam Waltons first Wal-Mart was funded 95% by his own money. Many believe that small businesses that have grown tremendously such as Wal-Mart behaved unethically in order to get where they are. Today the company has grown to 1.3 million worldwide associates and fifteen countries are home to the wholesale clubs. (The Wal-Mart Story, n.d.). They tell of how Wal-Mart has created millions of jobs. A post by Average Joe (2006) states that Wal-Mart pays billions and billions of dollars in Federal Taxes every year and is one of the only companies in the US to pay the 35% corporate revenue rate. They are one of the only companies left in America that doesnt cheat the U.S. government Regardless of the job increases and tax payments, many support Johns (2004) opinion, Wal-Mart has destroyed communities in thousands of small towns across America. Check out any small town main street and all yo u see is boarded up shops and dead, lifeless, streetsnow its coming to Europe and doing the aforementioned(prenominal) thing because for every mom and pop store thats thrown on the scrap heap other local jobs are lost as well. wear Name 3And although Wal-Mart may be creating jobs while it is destroying jobs, the more Wal-mart lowers its prices, more customer loyalty is created. This leads to lower rates of pay in other countries such as China in order to justify for the lower prices. A corporation such as Wal-Mart can pressure to shut down sporty warehouses in third world countries such as Mexico because their workers were making too much. As corporations get bigger especially as huge as Wal-Mart has become, they are in positions of power that allow them to do greater damage to others when they act immorally or unethically or socially irresponsibly as wherefore Bother With Ethics (n.d.), reports. One blogger Eli (2005) posts, Do you know where all of those cheap products are bei ng producedThose products were OUTSOURCED taking THOUSANDS of jobs