Walmart’s business philosophy

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Examine the manner in which Walmart’s business philosophy has impacted its perception of
being unethical toward supply and employee stakeholders.
Provide one example of Walmart in an ethical situation.
Determine the major effects that Walmart’s business philosophy has had on its human
resource practices and policies.
Analyze two of the legal mandates that workers and the U.S. government have accused
Walmart of violating.
Provide an explanation as to why these legal mandates were violated, citing specific
violations.
Evaluate the efficiency of the structure of the ethical decision-making framework that Walmart
has used in making its decisions.
Provide a rationale for your response.
Recommend two actions that Walmart’s human resources department should take in order to
improve the employees’ perspectives of Walmart’s human resources policies.
Provide a rationale for your recommendations.
This course requires the use of Strayer Writing Standards. For assistance and information, please
refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your
professor for any additional instructions.
The specific course learning outcome associated with this assignment is:
Propose organizational changes that would prevent violations of legal mandates and improve
stakeholder perspectives.

 

 

Sample Solution

Walmart`s business philosophy

Walmart store is a multinational retail corporation in the U.S. that has a chain of grocery stores, discount department stores, and hypermarket. Apart from being the biggest company in U.S, it is the biggest private employer in the world and it employs more than 2.2 million workers. Despite the fact that it is the biggest private employer in the world and it has a significant economic impact in U.S, the company faces various ethical issues regarding compensation of workers, gender discrimination, exploitation of workers, and worker health care. During past years Walmart has changed Mr. Walton`s philosophy by trying to make everybody happy instead of keeping with the original mantra. Walmart started to compete with other retailers and started to raise prices and remove certain items that Walmart originally sold.

cost of goods sold, however, the account is also affected by the $10,000,000 decrease in sales. The net retained earnings is $3,000,000 less if 5000 units are sold in the first quarter rather than 10,000 units. The sales reduction is calculated by taking the difference between the 10,000 units sold sales ($20,000,000) from the 5000 units sold sales ($10,000,000). The decrease in sales also decreases the cash and/or accounts receivable balance by $10,000,000.

For Quarter 2, Merrimack Tractors and Mowers sold 20,000 units instead of 10,000 units which causes the inventory on the balance sheet to decrease by $11,500,000. This is calculated through subtracting the $15,000,000 cost of goods sold of the 10,000 units from the $26,500,000 of the 20,000 units. Since the cost of goods sold expense is higher with selling more units, the retained earnings account on the balance sheet will be $11,500,000 less, but $20,000,000 more with higher sales. This creates a $8,500,000 net increase in retained earnings. The $20,000,000 in sales also increases cash and/or accounts receivable.

During Quarter 3, 10,000 units are sold, thus there are no changes to the balance sheet. Inventory, retained earnings, and cash/accounts receivable remain the same.

Quarter 4 has a similar change as in Quarter 1. The inventory increases by $8,500,000 since 500

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