Essay --

Executive SummaryOver the past 30 years Wal-Mart has crowing into the demesne leader in retail and supply chain management. However, the company has faced and continues to face challenges with its stakeholders and other parties who are very critical of their business practices and ethics. Wal-Mart has realized a reputation of squeezing the little guy to acquire the lowest possible price for the most earnings at the expense of some of its stakeholders as brooded in the 2005 documentary Wal-Mart The High Cost of Low Price by director Robert Greenwald. Various parties including community groups, religious organizations, grassroots organizations, environmental groups and Wal-Mart customers as well 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, child 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 advantage and enhance their reputation by taking a proactive approach to Cooperate loving Responsibility. Brief History and Business modelWalmart is an American multinational retail corporation that runs chains of king-size discount department stores and warehouse stores. According to the muckle 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 motley in the way business is done to change the negative perceptions of the company. The wages are still low and problems still exits but the recent creation of a Senior Director for Sta keholder Engagement and their new mantra fulfil money, Live better highlight their new emphasis on shared value and CSR. They have added several components to their business such asEnvironmental SustainabilityIncreases in US manufacturingWomans Economic Empowerment domestic and internationalHunger and NutritionDiversity and InclusionVeterans and Military FamiliesEthical SourcingWal-Mart is too large to fade into the night, but companies must(prenominal) adapt to the ever changing global changes technology and globalization bring. People have become more aware of their choices and Wal-Mart must adjust or people will shop elsewhere.