Essay --

Executive SummaryOver the past 30 old age Wal-Mart has grown into the world leader in sell and supply range of a function management. However, the company has faced and continues to face challenges with its stakeholders and other parties who are very exact of their line of products practices and ethics. Wal-Mart has established a study of squeezing the little poke fun to acquire the lowest possible price for the most earnings at the expense of whatsoever of its stakeholders as addressed in the 2005 documentary Wal-Mart The gamey Cost of Low Price by director Robert Greenwald. Various parties including residential area groups, religious organizations, grassroots organizations, environmental groups and Wal-Mart customers as well as legitimate and former associates have acc commitd Wal-Mart of engaging in unethical business practices for the Every Day Low Price (EDLP) strategy. Wal-Marts stakeholder issues involve racial and gender discrimination, treatment of product supplie rs, product sourcing, child labor, environmental practices and the use of government subsidies. This paper will discuss some of those issues and address some solutions Wal-Mart has implement and should implement to increase their competitive advantage and enhance their reputation by taking a proactive approach to Cooperate brotherly Responsibility. Brief History and Business modelWalmart is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. correspond to the Fortune Global 500 list in 2013, Walmart is the worlds second largest in the public eye(predicate) corporation, the worlds largest retailer, largest grocery retailer in the United States and the biggest reclusive employer in the world with over 1.7 million worldwide. The company was founded by Sa... ..., their refreshed CEO Mike Duke has stressed a change in the air business is done to change the negative perceptions of the company. The wages are subdu ed low and problems still exits but the recent creation of a older Director for Stakeholder Engagement and their new mantra Save money, Live better highlight their new emphasis on shared value and CSR. They have added some(prenominal) components to their business such asEnvironmental SustainabilityIncreases in US manufacturing womans Economic Empowerment domestic and internationalHunger and livelihoodDiversity and InclusionVeterans and Military FamiliesEthical SourcingWal-Mart is too large to authorize into the night, but companies must(prenominal) adapt to the ever changing global changes engineering and globalization bring. People have become more aware of their choices and Wal-Mart must adjust or people will shop elsewhere.