As a social activity, business is supposed to maximize the the profits of stakeholders because stakeholders, who found the corporations, hope to gain maximum return on their previous investments. In the process of making profits, as the business activities of corporations are connected with suppliers,  customers and their employees, it is essential for companies to act within the law.

Reported in Business Ethics,  as the largest retailer, Walmart blacklisted some manufacturers which are reported for their safety problems and labor violations last month. Regardless of the legitimacy of such announcement, the action of Walmart merely protect its own reputation. In order to maintain the status among customers, Walmart’s unilateral action hindered the profits of its suppliers, though many customers tend to believe that Walmart protects the rights of  Bangladesh laborers.

The real business ethics that  Walmart should follow is to improve working conditions in Bangladesh and security of workers. Only in this way, can Walmart establish and maintain a good connection with its both suppliers and customers.

In conclusion, when making business activities, managers and employers should not only apply their own ethical standards, but also act within the law and protect the rights of suppliers,  buyers and their employees, because responsible behaviors are important to  business success.