Determine which firm has a more ethical position

Assignment Help Business Law and Ethics

Reference no: EM131870841

Question: Ethical Dilemma: For generations, the policy of Sears Roebuck and Company, the granddaddy of retailers, was not to purchase more than 50% of any of its suppliers' output. The rationale of this policy was that it allowed Sears to move to other suppliers, as the market dictated, without destroying the suppliers' ability to stay in business. In contrast, Walmart purchases more and more of a supplier's output. Eventually, Walmart can be expected to sit down with that supplier and explain why the supplier no longer needs a sales force and that the supplier should eliminate the sales force, passing the cost savings onto Walmart. Sears is losing market share, has been acquired by K-Mart, and is eliminating jobs; Walmart is gaining market share and hiring. What are the ethical issues involved, and which firm has a more ethical position?

Reference no: EM131870841

Questions Cloud

Discuss the capital market processes : Would you describe the meltdown of Nortel more as a failure of "people" or of "capital market processes"? Why?

Develop an experience that meets needs of particular mentee : Are there ethical considerations (e.g., culture, religion, personal beliefs, etc.) that must be considered when preparing activities for an Individual.

What happens to the value of existing bonds : As the interest rates rise in the market, what happens to the value of existing bonds?

Ethical issues and potential ramifications in marketing : There are ethical issues and potential ramifications to consider in marketing, when unhealthy products (or those that would be unhealthy when consumed)

Determine which firm has a more ethical position : Ethical Dilemma: For generations, the policy of Sears Roebuck and Company, the granddaddy of retailers, was not to purchase more than 50% of any of its supplier

About the maximum mortgage : A homeowner is looking to buy a home in Marvin Gardens. If mortgage rates are 6.25% for a 30-year fixed-rate mortgage, how large can his mortgage be?

Evaluate the benefits of improved storage : Evaluate the benefits of improved storage and inventory management practices for healthcare supply-chain operations and management in terms of healthcare.

What is their debt-equity ratio and debt ratio : What is their debt-equity ratio? What is their debt ratio? Where is the .5 for debt from? And how did we get 1 for equity?

Review problem on general advertising to sell product : Euli Chaves wants to sell difficult-to-find Brazilian grocery items to U.S. buyers via a mailed catalog. He has been informed that a 2-percent response rate.

User Account

All Pages