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Comparison between two retail companies picked are Walmart and Costco

The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...
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When shuld a corporation move to Mexico?


The utilitarian approach to ethics postulate that when there is a course of action to be taken among a number of actions, the one with the utmost good or least harm should be adopted. By this, I would say a corporation should not engage in such a practice. If this is done, it just means that the corporation would want the benefits of the use of DDT but does not necessarily mind the environmental effects the use can have on Mexico. Ideally, an alternative pesticide should be used.


The full meaning of DDT is Dichloro diphenyl trichloroethane. This is a powerful insecticide, effective upon contact: its use is restricted by law due to damaging environmental effects (Webster's New World College Dictionary, 2010). Low to moderate exposure of DDT may result in nausea, diarrhoea, irritation of eyes, nose or throat while higher doses can lead to tremors and convulsions (Leatherman, 1997). After extensive use of DDT on soil, soil loses an extent of potency. DDT also has devastating effects on the aquatic environment. Because of its low solubility, it has a greater rate of bioaccumulation in water, and thus poses a great long-term threat to aquatic wildlife (Leatherman, 1997).  DDT is therefore a necessary evil.
Regarding the hazardous nature of the substance, it is just ethical for the corporation to provide the highest protection or safety work costumes for the workers in Mexico. The workers, landowners and American consumers should be exposed to the pros and cons of the substance. They should be thoroughly informed by the corporation of all that is entailed in the use of DDT. This will ensure that the people (especially those in Mexico) have made informed decisions regarding the use of DDT.


DDT manufacturers are by ethical duty supposed to indicate how harmful or hazardous DDT is. These can be indicated on the packaging bags. These packaging bags can also have steps to take when effects of DDT are being experienced. This is typically done in the packaging boxes of pharmaceutical products. Home remedies and first aid steps are stated for emergency occurrences. Manufacturers and exporters of DDT can adopt this practice as a way of curbing the effects of DDT. For the exporters, I believe they engage in such businesses for profits, even though the use of the substance is banned in their country. It would be helpful if they could use the justice approach to ethics towards this issue. Is it fair, that it is banned for valid reasons in one country but that country produces it and exports it to another? Probably, an alternative (less harmful) pesticide may be the best and fair option for all.


Bibliography

Leatherman, M. (1997, Novemeber 10). Environmental Effects of DDT. Retrieved July 10, 2018, from http://www1.udel.edu
Webster's New World College Dictionary. (2010). Retrieved July 10, 2018, from Webster's New World College Dictionary: http://www.collinsdictionary.com

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