The sole purpose of business is earning loads of profit. But it always comes with something more. Ethics is mandated for every businessman and hence they are left with no option but to follow it. The terms basically imply to do sustainable production which is in favor with the entire society. In order to gain, many businesses, irrespective of it being small or big, do unethical practices.

For a better explanation, Corporate Social Responsibility is detailed by my friend Seerat Acharya on her blog. It is basically doing society friendly production or service. She has coherently explained the CSR with some examples.

She took the example of the technology giant, Apple. Seerat asserted that apple evaded taxes and hence due to unethical behavior had to pay a penalty of $13 billion. To improve her claim she could have detailed it more. As in the article, it says that Apple made huge profits in the European zone, especially in Ireland and due to some ignored laws, apple made huge profits in the country. Being more specific helps the blog to be more focused on the issue.

She then went on explaining how the CSR should work. She put on good points that how companies look at ethics being a liability for their respective business. Furthermore, she spoke about how ethics are ignored throughout just to earn more profit ignoring the fact that there is a social cost which comes along. For the bettering of the blog, she could have stated some essential points of ethics too. Like being ethical can set a benchmark for a firm as they cant cross that line and can function within that line. Also, profit is not only earned by the products that are sold in retail, but also the reputation of the firm matters. The reputation comes only by being ethical and hence in the long term the firm will profit. 

Seerat’s article was rational but also had a scope of improvement by specifying the problem of Apple and specifying the pros of practicing ethics which would make it more coherent.

Article reference

Seerat Acharya’s Blog | Just another UBC Blogs site [Web log post]. (2017, September 13). Retrieved from https://blogs.ubc.ca/SeeratAcharya/

Picture reference 

Ethics. (n.d.). Retrieved October 27, 2017, from https://www.pinterest.ca/brust1/ethics/

Walmart is a large retail corporation originated the U.S.A., serving the daily items at a cheaper price. It is the preferred retail store. Price is not the only factor that makes something favourable, the service by the employees working make it a complete package for the customers.

Talking about the service provided by the employees, they need advantages working at Walmart to be efficient. The human resources is a very important aspect in business and Walmart doesn’t fail to serve their employees. One of the salient advantages of working there is that most of the employees earn between $50,000 and $170,000 per annum which is very favorable for employees. Also, the promotion rates at Walmart are really high which is motivating for the employees to do efficient work.1

To add on to the benefits, Walmart provides health insurance to its employees which makes their work even more efficient. Also, Walmart gives many incentives like the good performers get a share from the profit which is favorable for the company as they work harder.2

There are also some minor advantages to the employees like getting discount on shopping at Walmart and offering Maternity and parenting leave to employees.3 Walmart provides all these benefits to the employees in order to get them work efficiently. As mentioned earlier, they provide them with high wages and health insurance which is salient for the employees and hence they work efficiently to get the best of the benefits. This shows the human resources at Walmart is well managed as all employees have decent benefits.