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Globalization and Hrm Strategies

In: Business and Management

Submitted By ksuave
Words 930
Pages 4
Title of Assignment
Globalization and HRM Strategies

Name

Professor’s Name
Dr. Danielle Camacho

Course Title
BUS 325

Date
01/31/2014

Globalization and HRM Strategies
Walmart-Multinational Enterprise

Introduction Multinational enterprises must always consider several subjects. In addition, to the background and goals of the company, other factors such as the international business strategy, and the impact of globalization, cultures, and labor markets on human resource management function must also be addressed. There are also international human resource management functions that can be improved upon to better the productivity and competiveness of the multinational enterprise. The multinational enterprise that I have chosen to research and examine is Wal-Mart.

A brief description of the enterprise Wal-Mart is considered to be the world’s third largest public corporation. It is family owned by the Walton family. Founded by Sam Walton in 1962, it is headquartered in Bentonville, Arkansas. In the 1980s, Wal-Mart continued to grow rapidly and by its twenty-fifth anniversary, there were over a thousand stores. In 2005, Wal-Mart had over six thousand stores around the world and employed over one million associates. As, the largest grocery retailer, Wal-Mart has over eight thousand stores in fifteen names under fifty-five different names. Wal-Mart is currently estimated to save families over two thousand dollars per year within the United States.

Assess the impact of globalization, cultures, and labor markets on the human resource management function Wal-Mart comprises over four thousand stores internationally. They are mainly located in Argentina, Brazil, Canada and the UK. The company is the largest private employer within the United States and one of the largest in Canada. In 2010, international sales were over one-hundred

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