Walmart Global Strategy

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Walmart is an American Multinational company that operates different subsections of the discount department, grocery, and hypermarket. The headquarters of this corporation is located in Bentonville, Arkansas. It was founded by Sam Walton in the year 1962 and was incorporated on October 31, 1962, the chairperson of Walmart is Greg Penner and the CEO is Dough McMillon. Furthermore, it is the corporation which also owns Sam’s Club retail warehouses. According to the news, Walmart has 11,718 stores in 28 countries operating under 59 different names. In Mexico and Central America it is known as Walmart de México y Centroamérica and in the United Kingdom, it is referred to as Asda. Similarly, in Japan, and India it is known as Seiyu Group and Best…show more content…
Due to the allocation of this corporation to different countries, it will provide the opportunities to the regional people to get jobs in different sectors such as retailer, advisor, pharmaceuticals, mechanical and many more. Consequently, in a country like India, which is a developing Country, Walmart was first introduced in the year 2009 since then it has adapted to the demands of its customers by providing item based on their needs. The Walmart is totally different in India compared to the Walmart in the USA, based on the arrangement of different departments. In India, those who want to enter the store or want to buy something must have a membership. Therefore, they are trying to make sure that they succeed in satisfying their customers by providing them with good discounts on every Indian festival and also allow them to buy products in…show more content…
But employees are not getting what they deserve. At Walmart, the average rate of payment to a cashier is $9.18 per hour and the manager gets $12.71 per hour with this much pay plan the employees can’t afford the rates of health insurance provided by the Walmart, so mainly most workers go with some other resources to get covered for health insurance. Walmart provides a higher rate plan which covers very less benefit to the employee. According to the article that I read, there was an incident noted in Bangladesh in which 11,000 people were killed due to the fire in the sub standardized building which was used to make Walmart products. Thus, it means that in some poor areas Walmart is not providing the safe space to work for their employees. It is good to know that Walmart is the force for antipoverty but providing such low wages and high rates of health insurance plans to their employees can lead to a major drawback for the
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