Corporate Leadership

Walmart’s “Save Money. Live Better.” policy is a unique approach that seeks to promote better living through conservation. For several years, the firm has represented the consumerism culture. However, the new initiative is a welcome change since it will positively impact society and the environment. By assuming global responsibility, the company seeks to help all members of the community to lead better lives. For instance, by availing basic goods at low prices, they increase access to essential commodities necessary for human sustenance. The approach also enables Walmart to add value to the consumers and communities through its commitment to environmental preservation.

Pacific Gas and Electric intends to seek bankruptcy protection against paying billions of dollars in liability claims. Fire investigations reveal that the company is responsible for a majority of the fire incidents that have devastated Northern California. Compelling PG&E to pay $30 billion in damages would cripple the company and affect service delivery as a whole. Such an interruption would leave California residents without consistent power supply. Alternatively, granting PG&E the bankruptcy protection due to factors such as the impact of climate change will pass the cost of damages to customers. Several people suffered significant losses due to fire outbreaks across the region. Thus, they also deserve fair compensation.

Small member states in the European Union (EU) bloc offer incentives in the form of tax deals to multinational companies. The agreements aim to lure large firms since they provide more avenues of investment as well as jobs for the local community. Apple’s deal with Ireland led the European Commission to order the corporation to pay back $14.5 billion to the Irish government. The allegations that Apple benefited from unfair tax breaks indicate that Ireland’s economy thrives on investments from international corporations. Thus, interference by the Commission may reduce Ireland’s attractiveness to foreign investors.

 
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