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Essay / Research Paper Abstract
This 5 page paper looks at the sustainability strategy at Wal-Mart considering it from a business perspective. The paper argues that in the past sustainability strategy has been half-hearted and that a new approach which demonstrates the way that environmental and business goals can be aligned is essential if the company wants to succeed in influencing its' suppliers and creating business opportunities in the long term. The paper is based on a case study supplied by the student. The bibliography cites 7 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEsuswal.rtf
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Unformatted sample text from the term paper:
mainstream commercial environment. This is a model which has been propagated to many years by businesses reluctant to make changes and paying the costs as well is by activists who
are eager to castigate corporate entities into the role of environmental villains. In some cases it is possibly true, environmentalism and corporate interests are not always lined, but it is
in the interests of companies such as Wal-Mart to demonstrate the way that environmentalism and corporate interests can serve the same goals. Wal-Mart
is the largest retailer in the United States; in three months the company turns over the same level of sales it takes the number two retailer to achieve within 12
months. If Wal-Mart were classified as a country, using a sales as GDP, it would be 20th largest in the world. Wal-Mart is in a unique position due to its
large size which gives the company a great deal of influence over suppliers. When arguing that environmental and business goals should be aligned
the influence the company can exert over it suppliers can create a broad and significant impact on both the environment and on the companys own bottom line. For example, a
short-term goal in logistics has been the target to obtain a 25% increase in fuel efficiency by the year 2007. This is the goal which serves environmental and business purposes
reducing the annual carbon dioxide output of Wal-Mart by 400,000 tons per annum as well as saving $75 million a year. Not all
savings will be able to have such a direct impact on the companys bottom line. Indeed, some may have an initial cost, or the benefits may not be as transparent.
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