Introduction
One of the major drivers in business ethics is external social pressure. Firms need to consider the social aspirations of the general community and the protection of the environment. Most organizations today are engaging in contributing to the society by forming and implementing corporate social responsibility programs. Companies need to consider welfare of the society other than operating for profits only (Lee, 2011). There are several informal manners in which ethical conduct can be encouraged by firms. However, organizations need to devise formal policies and programs to guide and create ethical standards.
Ethical principles and Walmart
The government is a strong agent which impacts business ...