How important is business ethics and social responsibility to a ...

Question by Jozeph : How important is business ethics and social responsibility to a
How important is business ethics and social responsibility to acompanies success?Do you think Walmart responsibilty given it acts as the largest sizeretailer in the world?What actions can companies take to demons trate local good business ethics? Best answer:
Answer by

Shizam
Walmart is successful in the sense that it is able to capitalize on our need to get the bigger better deal. Walmart?s advertising Focuses entirely on the deal you?re getting, but the trick is that only Certain things are sold below that of other retailers, and everything else in the store is of the same price as another retailer (for example, target or Zellers) . But, the store is a superstore, Which gives the buyer the impression that all the deals can be found there, that it is ?one stop shopping? which appeals to people because people are often overworked and do not want to spend time on shopping . It?s a clever idea, really.And because people fall for this, other smaller retailers lose out and often go into bankruptcy. Market so, in my opinion, Walmart is a big blue beast, a huge corporation that is eating up the opportunities of smaller businesses in the laboratory.Additionally, I rarely shop at the big blue beast. If I do shop there, I have a specific list in mind, so I only buy what actually is a good bargain.

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Source: http://www.lovefinanceinfo.com/2012/02/how-important-is-business-ethics-and-social-responsibility-to-a/?utm_source=rss&utm_medium=rss&utm_campaign=how-important-is-business-ethics-and-social-responsibility-to-a

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