Monday, May 18, 2020

Wal Mart The Challenge Of Managing Relationships With...

Wal-Mart: The Challenge of Managing Relationships with Stakeholders The key facts and critical issues presented in Wal-Mart: The challenge of managing relationship with the interested parties involves making ethical decisions and fulfilling these needs for the stakeholders involved consist of the following elements: ïÆ'Ëœ Admitting to mismanage stakeholder’s relationship within the company as a problem: This type of management involves taking care of the treatment of employees, suppliers, the environment, and the overall economic impact on communities. For example the Feminists, human rights activists, another example is the way the labor unions believe that Wal-Mart has engaged in misdemeanors to provide low prices to consumers. The problem or critical issues surrounding these unethical behavior involves getting the product to other countries and having a global method for expansion. The problem with these strategies is the way head officials collect insight about the amount of revenue the company intakes per year. The companies’ ethics appear to be legal practices and come with several endorsements, which makes the company policies and procedures seem practical and realistic. However, their issues involve disagreements permitting their employees the opportunity to become or take part in a union which protects the employee future and job security whiles an active member of the company/organization. There are no valid, realistic measures as to why they are not granting theirShow MoreRelatedWal Mart Case Study The Challenge of Managing Relationships with Stakeholders17330 Words   |  70 Pagesâ€Å"The Challenge of Managing Relationships with Stakeholders† A Case Study on Business Ethics and Stakeholder Relationships A Report by Abdul Rahman Nawawi Holger Behrens Jurattana Jamkrajang Paphat Kriangthanapha Phikulthong Pangjunan Suttasinee Suebsahakarn Younten Phuntso 53060790 52027564 50019826 52032481 54055255 52047480 53060909 Submitted to Ajarn Nakul Boonrod 29 May 2012 In partial fulfillment for the course: IBC 360: Business Ethics Semester 2/2011 1 Table of Contents Read MoreCompetition and Business Unit Strategy: Walmart and Tesco2824 Words   |  11 Pagesï » ¿Comprehensive Overview Area Competition and Business Unit Strategy: Wal-Mart and Tesco Competitive Strategy Wal-Mart, the worlds largest retailer incorporates two different strategies to ensure business success as well as higher profit margins. 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