1.3.

4（b)
I think whether it is morally correct for businesses such as Walmart to put profits before the
cooperation social responsibilities depends on the value of different peoples, as ethics are
subjective views about what is considered right or wrong depend on the beliefs and principles
held by individuals and society.
There are several reasons why Walmart put its profit ahead of social responsibilities. For the first
one, the shareholders of Walmart can earn more profits by reducing the cost of clean the
pollution up, on the contract if compliance costs cannot be passed onto consumers in the form of
higher prices, profitability of Walmart is likely to fall. And another reason is that the conflict of
shareholders can be avoided, because not all shareholders are keen on the business fulfill its
social responsibility, especially if this conflicts with other objectives such as profit maximisation.
On the other hand, it is undeniable that,as the world's largest retailer and largest private sector
employer,Walmart has already gained sufficient profits to avoid causing immoral problems like
environment pollution and exploiting employees. In the future,Walmart may put cooperation
social responsibilities ahead of profits, unethical business practices have already caused a bad
influence to Walmart. Walmart has already been fined millions of dollars by the Us government,
which would drastically reduce the profits of Walmart. Obviously, it is unworthy.
Furthermore,unethical practices has harmed the image of the global retailer, both customers and
pressure groups began boycotting the products of Walmart, which could lead to low profits. And
exploiting employees would decrease productivity and motivation of employees. In some stores,
staff turnover rates reached around 70%.
For the staff in Walmart, they approve of Walmart pay more attention on social responsibility,
because people are more likely to be proud of the business they work for if it acts ethically and
within the law. But shareholders may not approve, because their returns will be reduced