Explore BrainMass
Share

Business Ethics and Social Responsibility

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Do you view Walmart as a company with integrity? They have a heavy ratio of part to full time workers to help keep cost down, but make millions of dollars a year.
Is downsizing ethical and socially responsible?
Is using part-time employees, rather than full-time employees, to reduce cost and keep from paying benefits ethical and socially responsible?

© BrainMass Inc. brainmass.com October 25, 2018, 8:00 am ad1c9bdddf
https://brainmass.com/business/business-philosophy-and-ethics/business-ethics-and-social-responsibility-522548

Solution Preview

The strategy of Walmart to keep costs down by deploying more part time workers cannot be termed as unethical because it is a company's strategy and approach to control costs during tough economic times. However, company's integrity is questioned when they do not pay sufficient wages to workers or make them work longer at lower wages. Further, if they don't deliver the benefits promised to the workers during the ...

Solution Summary

Discusses integrity of Walmart, downsizing and use of part time employees.

$2.19
See Also This Related BrainMass Solution

1. Define the terms ethics and social responsibility. What does being ethical and socially responsible mean for the organization?
2. Discuss whether a company should put ethics and social responsibility ahead of profit making. Why or why not? Provide examples and research evidence to support your answer with examples from an Australian company.

"the relationship of an organization's ethics and social responsibility to its performance concerns both organizational managers and organization scholars"(Daft 2007). Research evidence suggests that there is a small, but positive relationship between ethical and socially responsible behavior and the organization's financial performance.
In your essay, you must:

1. Define the terms ethics and social responsibility. What does being ethical and socially responsible mean for the organization?
2. Discuss whether a company should put ethics and social responsibility ahead of profit making. Why or why not? Provide examples and research evidence to support your answer with examples from an Australian company.

View Full Posting Details