Globalization and HRM Strategies Assignment Example | Topics and Well Written Essays - 1000 words

Globalization and HRM Strategies - Assignment Example It is a family-owned business, and the Walton family controls the corporation, having a stake of 48% in it. In 1972, Wal-Mart was incepted by Sam Walton; however, the incorporation was done on October 31, 1969. The public trading of its stocks was initiated in 1972 on the NYSE (New York Stock Exchange). Its headquarters is positioned in Bentonville, Arkansas. Within the US, it is the leading grocery retailer as more than 50% of its revenues are earned from this division. Sam’s Club retail warehouses are also owned and operated in North America under the ownership and control of Wal-Mart. Wal-Mart operates approximately 4,300 stores within the U. S. and around 8,500 in rest of the world, particularly 15 countries with 55 different trade names. Within the US, it operates with the trade name â€Å"Wal-Mart†, including Puerto Rico and 50 states while in the UK, it operates with the trade name of Asda; in Mexico, it is Walmex; in Japan, it is named as Seiyu and as Best Price in India. It has entirely owned operations in Canada, Argentina, and Brazil. Wal-Mart’s investments apart from North America have shown varied results as it operated successfully in the South America, China and the UK, whereas in South Korea and Germany, its venture wasn’t successful. Operating divisions Wal-mart has organized its operations into three distinct divisions, namely, Wal-mart International, Wal-Mart U.S. and Sam’s Club. ... o international territories by an assurance that it might accomplish competitive advantage overseas by the application of its amalgamation of human resources, technology and logistics with its fantastic relationship with multinational suppliers of consumer goods. However, few sources show that one of the main problems experienced by Wal-Mart is with its HRM, as sex intolerance is the most debating topic in the U. S. as well as in its international ground (Rock, 2001). Impact of Cultures on Wal-Mart’s HRM The leading barrier faced by Wal-Mart is while trying to expand in global market is the resistance at the local level. It is infrequently acknowledged by community groups when it opposes campaign to manufacture new stores. The main causes are not only the protections imposed for local business but also the cultural differences as Wal-Mart moves its own culture wherever it enters. Thus, the Wal-Mart HRM requires to be trained to aspire that culture. An example can be seen as th e difficulty observed by the introduction of Sam’s Club in Brazil. So in order to fit into that culture, Wal Mart had to alter its strategies. One concern also faced by Wal-Mart’s HR is that it operates in varied locations with managers unable to speak the local language and the quality of employment is also varied in its diverse markets. Sexual discrimination is also a leading controversial topic for Wal-Mart. It is observed that the proportion of women employees in Wal-Mart has been declined from 76% to 64% since 1996 (Rock, 2001). Impact of labor markets on Wal-Mart’s HRM 150 to 350 people are employed by a characteristic Wal-Mart store while 500 employed by a supercenter. Most of the work offered is part-time. The best proof on overall alteration in local employment consequential from

How Bingeing Became the New College Sport Essay Example | Topics and Well Written Essays - 500 words

How Bingeing Became the New College Sport - Essay Example The author’s point of view is that this excessive drinking stems from the legal position, where students below the age of 21 cannot legally buy or consume alcohol, and it is is this repressive legal issue that is the main cause of the binge drinking seen in colleges. My experience in this aspect of excessive drinking in colleges is second hand, as I do not consume alcohol. I have seen my peers and friends indulging in such drinking, confirming the claim of the author. I have not come across any incident of excessive drinking causing an immediate and severe health problem. Still, I have seen and experienced the consequences of this excessive drinking at parties in the evening. It is not uncommon to see some of the participants coming to parties having consumed a lot of drink in their rooms, in the belief that it would help create a more lively atmosphere at the parties, but exactly the opposite happening, with their inability to be a part of it in their inebriated state. Some pass out, and some others throw up, and the rest more a less making a nuisance of themselves. I have heard of instances of unfortunate sexual experiences occurring when it was not meant to happen, but with alcohol dulling the appropriate senses, inappropriate actions take place. Alcohol in small quantities may help in brightening up party atmospheres, but the binge drinking in the rooms of students is seldom light and does create problems not just to those who consume it, but also to those who happen to be in the environment. Alcohol consumption by students below the age of twenty-one in their rooms in what is known as ‘pre-gaming’, is becoming a common practice in colleges. This excessive consumption of alcohol has even posed severe health risks to these students. Students below twenty-one tend to drink excessively in their rooms, as they are legally not allowed to buy or consume alcohol.