Evaluating Walmart's CSR: Ethics, Impact, and Global Practices

This report delves into Walmart's Corporate Social Responsibility (CSR) practices, examining the company's ethical strategies, community impact, and global operations. The analysis begins by assessing Walmart's approach to CSR, highlighting how the company addresses social concerns within its supply chain and emphasizing its efforts to maintain a competitive edge. The report further explores Walmart's commitment to ethical business practices and its influence on the external business environment, including its adherence to ethical standards. Additionally, it examines the ethical considerations associated with Walmart's global operations, focusing on financial accountability and legal compliance. The report also acknowledges instances where Walmart has faced challenges in balancing profit with ethical responsibilities, particularly concerning its treatment of workers and its compliance with foreign laws. The analysis concludes by evaluating Walmart's overall CSR performance, considering its impact on both internal stakeholders, such as employees, and external stakeholders, like suppliers.

0Running head: CORPORATE SOCIAL RESPONSIBILITY
CORPORATE SOCIAL RESPONSIBILITY
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Author’s Note:

1CORPORATE SOCIAL RESPONSIBILITY
Question 1:-
Do you feel the CSR/ethics strategies Wal-Mart employs benefit the community or do you feel it
is more of a ploy to make itself look better?
Answer:-
CSR, in general, mentions to the moral sense that the income making industries must
have, for communal upliftment. According to the reports of Walmart, they are cooperating with
business experts, dealers and the company's individual research to locate risks relating to social
concerns in the supply chain (Cheng, Ioannou & Serafeim, 2014). One method that Wal-Mart
has coped to maintain a reasonable advantage over other low price retail giants. This
organization deliver low prices is by cutting salaries and by not donating too many business aids
to its workers.
Walmart's effort for ethics and CSR are defining in the business's program building
blocks. Walmart delivers a framework of the corporate and ethical responsibility that it receipts
to confirm that it makes a healthy business atmosphere (Marquis & Qian, 2014). The business
also works towards creating an approachable external business atmosphere by delivering
operational leaders who estimate the business condition. These also confirm that all its amount is
in track with the universal ethical measures.
Question 2:-
How does Wal-Mart ensure equitably of CSR globally? Does Wal-Mart's CSR violate foreign
companies' laws or ethics?
Answer:-

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Wal-Mart is also recognizing for operating other nations with which they do industry.
With their control and market power to get away with constraining environmental destruction
and destruction of foreign nations' labor laws. Wal-Mart is mainly worried about financial
accountability which is to increase the maximum revenue, more than ethical responsibility (Elder
& Dauvergne, 2015). Their visualization is to be the most significant retailer in the USA of
minds and hearts of consumers and workers. There are periods that they've overlooked their legal
duties as well, which is to observe the regulation.
The sample about the Mexico event is a satisfactory example of not allowing for their
legal accountabilities. They are looking for cost-effective methods while being decent. Still,
sometimes revenue comes in the way of moral duties such as mishandling their workers
(Flammer, 2015). So, there are ethical concerns within Walmart and the outer part of the
company. Wal-Mart has supported from their ethical responsibilities towards internal investors
such as employees and individual external investors like suppliers as well.

3CORPORATE SOCIAL RESPONSIBILITY
References:-
Cheng, B., Ioannou, I., & Serafeim, G. (2014). Corporate social responsibility and access to
finance. Strategic management journal, 35(1), 1-23.
Elder, S. D., & Dauvergne, P. (2015). Farming for Walmart: the politics of corporate control and
responsibility in the global South. The Journal of Peasant Studies, 42(5), 1029-1046.
Flammer, C. (2015). Does corporate social responsibility lead to superior financial performance?
A regression discontinuity approach. Management Science, 61(11), 2549-2568.
Marquis, C., & Qian, C. (2014). Corporate social responsibility reporting in China: Symbol or
substance?. Organization science, 25(1), 127-148.