Growth and Development of Entrepreneural Ventures Essay

Growth and Development of Entrepreneural Ventures - Essay Example Adherence to codes of ethics makes business organizations carry out proper social responsibility programs through which they communicate and show their commitment to the welfare of its workers, other stakeholders and the outside community. Most businesses that do not have codes of ethics often find themselves in various breaches of the law, forcing them to engage in various legal suits. Creditors sometimes sue the business for failing to abide by the terms and conditions of sale agreements; additionally, workers sometimes have various issues concerning contractual agreements and remuneration (Battelle, 2005). Ethical issues have special legal provisions to ensure that business organizations that do not live by the law are punishable according to the laid down legal structures. This paper examines ethical practices and conduct of Google, one of the many successful companies that offer clients the ability to search and carry out various social and economic activities on the internet. It focuses on the various work practices that have elicited ethical concerns not only in the company but also from its clients worldwide. It also examines the effects of these ethical concerns and how they can impact on the company’ operations in the future, giving some possible alternatives the company can embrace in the process of restoring customer confidence in its products and services (David, 2011). The report delves into the discussion of Google Inc., a multinational American corporation that specializes in offering internet-related products and services. These products include search engines, cloud computing services, online advertisements and various types of software. Most of the products that the company specializes in originated from ad Words (James, 2014). Since the company was incorporated, it has enjoyed consistent growth, managing to become one of the greatest companies in the world that offers internet and related services. The persistent growth has seen the company manage to establish a chain of products  and services to take advantage of the ever-increasing internet needs by people worldwide, which are now turning to the internet as the sources of economic livelihood.  

The production, operating, and purchasing for Wal-mart Essay

The production, operating, and purchasing for Wal-mart - Essay Example In the fiscal year 2005, the net worth of Wal-Mart’s sales summed up to $312.43 billion. The strength of Wal-Mart today can be estimated from the fact that more than 1.6 million people all over the world are employed by Wal-Mart, which is 0.2 millions more than the total population of the 39th most populous state i.e. Idaho (Wilbert). Wal-Mart produces everything from processed foods to fabrics, cosmetics, office supplies, paints and furniture. Wal-Mart is undoubtedly a big controller of the world’s economy. Wal-Mart has fundamentally relied upon outsourcing to enhance the profitability of its business. Throughout its history, the company has been purchasing the services of vendors, local or imported, that would provide it with the cheapest services. â€Å"From the beginning, Walton had bought goods wherever he could get them cheapest, with any other considerations secondary. [Walton] increasingly looked to imports, which were usually cheaper because factory workers were paid so much less in China and the other Asian countries† (Ortega cited in Hornblower). In his autobiography written in 1992, Walton wrote, â€Å"Were not interested in charity here; we dont believe in subsidizing substandard work or inefficiency, so our primary goal became to work with American manufacturers, and see if our formidable buying power could help them deliver the goods, and in the process, save some American manufacturing jobs† (Walton cited in Hornblower). Although Wal-Mart has tried to maintain its patriotic image in the media by emphasizing upon the need and its intentions to buy only American services and vendors, yet the fact that it has accommodated external vendors to reduce the expenses and increase the profitability of the business contradicts its own vision and statements. This is the reason why Wal-Mart has been considered good for America by some and bad for America by others. According to the Professor Gary Geffery, Wal-Mart has performed far better as compared to