“The Challenge of Managing Relationships with Stakeholders”
A Case Study on Business Ethics and Stakeholder Relationships

A Report by

Abdul Rahman Nawawi Holger Behrens Jurattana Jamkrajang Paphat Kriangthanapha Phikulthong Pangjunan Suttasinee Suebsahakarn Younten Phuntso

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Submitted to

Ajarn Nakul Boonrod 29 May 2012

In partial fulfillment for the course: IBC 360: Business Ethics Semester 2/2011

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Table of Contents

Table of Contents Introduction Wal-Mart’s Ranking & Response to Various Stakeholders Wal-Mart’s Recent Number of Ethical Issues in the News Improved Ethical Culture & Positive Response to Stakeholders What are the relevant Facts? What are
Since they have an influence in the company when there are any changes, they become a very important asset to a business and industry. They can influence in the financial status of the business, the work load and so on. Wal-Mart has many different types of stakeholders that are involved in the company, within these stakeholders, it can be seen that there are similar treatments to the different groups of stakeholders. The largest groups of stakeholders are the workers/employees. Wal-Mart employs 1.5 million men and women worldwide. From the 1.5 million, it can be seen that in this stakeholders, Wal-Mart treat male and female differently. They discriminate women. Within all the employees in Wal-Mart, only 10 percent of women are top manager and not to mention that having a lower pay in the same position of a man. Wal-Mart discriminate women in promotion, pay, training and job assignment, which they systematically denies. Wal-Mart also treats disabled employees differently. They had first agreed an amount of $132,500 for two deaf applicants, hiring them to make corporate-wide changes in the hiring and training of new employees who are deaf or hearing impaired. But in June 2001, WalMart failed to