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Evaluation of Business Code of Ethics

Many companies and organizations employ codes of ethics that can enhance their image and endorse a form of legitimacy to that company or organization. A company such as Walmart with local and global outreach has incorporated into its system a culture of ethics and integrity that defines who they are as a company. This culture of ethics determine how customers and suppliers are treated by the company and how workers treat each other within the company. Walmart with many years of experience as a company deals with many ethical issues and there is need for constant evaluation and analysis of systems and structures to meet expectations, and remain in compliance with the demands of the corporate world of business.

The company was founded by Sam Walton in 1950, started out with as a single discount store in Northwest Arkansas and grew to become one of the world’s largest retailer in less than 50 years, with thousands of stores and clubs and millions of associates. Walmart is a value-based company that has ethics at the forefront.The company has three basic beliefs, (1) Respect for individuals. (2) Service to its customers and (3) Strvving for excellence. The vision statement is to promote ownership of Walmart’s ethical culture to all stakeholders globally. The company also has some guiding principles to assist their associates in making the right decisions and acting with integrity. These principles are, to always act with integrity. Lead with integrity, and expect others to work with integrity. Follow the law at all times Be honest and fair. Reveal and report all information truthfully, without manipulation or misrepresentation. Work, actions, and relationships outside of your position with the company should be free of any conflicts of interest . Respect and encourage diversity, and never discriminate against anyone. Ask

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