Walmex Essays

So you think you know all there about Walmart and their evil ways? I'm not sure anyone could possibly know all there is regarding that matter. The store has been operating their shady business for quite some time now and the controversial news headlines have become something of a commonplace. Yet, their atrocity carries on. If you were in the dark in regards to all of this, here are five things you didn't know about Walmart corruption. 1. EVEN THE U.S CAN'T BEAT WALMART CORRUPTION This shouldn't

September 2005, a former executive of Wal-Mart de Mexico who is Sergio Cicero (resigned in 2004), had email the general counsel of Wal-Mart International an information of bribes that has being paid for permits to hasten the company’s expansion in Mexico, largely through intermediaries. Based on the New York Times, Wal-Mart de México’s board chairman, chief auditor, general counsel and top real estate executive are those who Cicero implicated. Cicero also stated that, when the Wal-Mart de Mexico’s

management in those countries may face the temptation to bribe foreign officials to give Walmart preferential treatment to zoning and other matters that require foreign governmental approval (Ferrell 414). Walmart has already faced this issue with its Walmex branch of operations, which has been accused of bribing Mexican officials to streamline zoning and permit issues that are often more burdensome in Mexico than in the United States (Ferrell 414). Certainly bribery may be more common in the developing