Essay --

Executive SummaryOver the onetime(prenominal) 30 years Wal-Mart has grown into the world leader in retail and supply chain management. However, the society has faced and continues to face challenges with its stakeholders and other parties who argon very critical of their business practices and ethics. Wal-Mart has established a reputation of squeeze the little guy to acquire the lowest possible price for the nigh earnings at the expense of slightly of its stakeholders as addressed in the 2005 documentary Wal-Mart The High Cost of Low Price by conductor Robert Greenwald. Various parties including community groups, religious organizations, grassroots organizations, environmental groups and Wal-Mart customers as tumefy as current and former associates have accused 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 suppliers, product sourcing, youngster 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 reward and enhance their reputation by taking a proactive approach shot to Cooperate Social Responsibility. Brief History and Business modelWalmart is an American multinational retail corporation that runs chains of large discount plane section stores and warehouse stores. According to the Fortune Global 500 list in 2013, Walmart is the worlds second largest public corporation, the worlds largest retailer, largest grocery retailer in the United States and the biggest private employer in the world with over 1.7 million worldwide. The company was founded by Sa... ..., their new CEO Mike Duke has stressed a sort in the way business is done to change the negative perceptions of the company. The wage are still low and problems still exits but the recent fundam ent of a Senior Director for Stakeholder Engagement and their new mantra Save money, sustain better highlight their new emphasis on shared treasure and CSR. They have added several components to their business such asEnvironmental SustainabilityIncreases in US manufacturingWomans Economic Empowerment domestic and internationalisticHunger and NutritionDiversity and InclusionVeterans and Military FamiliesEthical SourcingWal-Mart is besides large to fade into the night, but companies must adapt to the ever changing global changes technology and globalization bring. People have become more than aware of their choices and Wal-Mart must adjust or people will patronize elsewhere.