What ethnic and social responsibility does Walmart take and how does the stake holders benefit if the organization displays social responsibility.
Wal-Mart is well known for its CSR activities. It has performed many some examples are here
Wal-Mart Inc had announced $200,000 for Tornado relief and recovery. The fund includes products as well as cash. Louisiana, Mississippi, Georgia and Florida are the states affected by the Tornado and company has decided to gave a relief fund worth $200,000. The company is working with disaster management team for betterment of the affected people.
The Wal-Mart store located at the city Sam’s club is supporting with products worth $20,000 alone.
Wal-Mart has a good history in helping country and performing Social responsibility when the country needed in disaster
The organization WWF(World Wildlife Fund) which works for food and agricultural research had Wal-Mart has joined hand for a research program to maximize crop utilization and food recovery.
The company and Aspen Institute are together working to create a career pathway for retail workers
When the company performs social responsibility then the company value increases in eyes of customers and they prefer the company in their buying. When the company gets benefited then shareholders also get benefited because it gives profit to the company.