Ethical and Moral Principles in a Business Environment Essay

Ethical and Moral Principles in a Business Environment - Essay Example Wal – Mart is one of the biggest retailers in the world and stands at the first position in the list of the fortune 500 companies. Wal-Mart has been in the industry since 1962. Wal-Mart has wide operations spread across 14 markets, 7390 Wal – Mart stores. The company employees over 2 million associates. It is the largest employer in the US. The company was started with a vision of becoming the world leaders in retailing. Over the past years, the company has been able to gain the position of the world’s largest retail company and is thrice as big as its closest competitor. The company’s mission has always been to provide the customers with best products and services at reasonable prices. The company’s main values and beliefs are – respecting individuals, service to the customers and striving for excellence. The company’s signature for almost five decades has been Everyday low prices.The company has been said to keep a watch on the repor ters and critics as well. This is not a good idea as it cannot repair the reputation of the plaguing company. Wal Mart has a serious health issue and the thug-like tactics only create a bigger scope for the critics of the company. The company has been known to take a lot of interest in the spy toys and the criticism of their business is not well received by the company. The company has also led up the extent of recording the calls of the employees to spy on them. The company has highlighted that this is mainly in the case of extreme cases.