Research Paper Essay Example | Topics and Well Written Essays - 1500 words - 1

Research Paper - Essay Example Step 2: Sharing My Knowledge In order to get some information, I visited the website of walmartstore.com. In this website, a sufficient amount of information is available regarding health and wellness, careers and so on. I decided to know a finance opening at Wal-Mart. In this website’s career portal, Wal-Mart has comprehensive plan for young and new workforce. Step 3: Devising Research Questions I have insufficient information about Wal-Mart. To get further information, I have formulated following questions: When Wal-Mart came into existence? What is the current financial strength of Wal-Mart? What is the customer base of Wal-Mart? After devising the research questions, it is important to find some resources to get the answers of these questions. It is important to have reliable source to answer these questions. Step 4: Finding Sources First and most reliable source is the official website of Wal-Mart. The main page of the website has different links. These links connect to d ifferent templates. A sufficient amount of information is available on these provided links. Particularly, the link for â€Å"About Us† gives information regarding the purpose of Wal-Mart and a brief history note is also mentioned. Step 5: Answering Research Questions Following are the answers which I found. ... What is the current financial strength of Wal-Mart? Wal-Mart is a financially stable and sound company. In the year of 2010, the company posted the sales figure of $405 billion (â€Å"About Us†). The Fortune Magazine ranked Wal-Mart as first among retailers in the year of 2010. The rank given by the Fortune Magazine gives me the idea of the company is financially strong and sound. This is encouraging factor for me to become an employee of Wal-Mart. What is the customer base of Wal-Mart? Weekly, more than 200 million times these customers are served at the stores of Wal-Mart. Also, a huge chain of 8,838 retail units is always ready to serve the customers. And to serve the customers, Wal-Mart has employed 2.1 million associates worldwide (â€Å"About Us†). I think Wal-Mart serve more than any other company in the world. And this is mainly the company’s service quality that attracts so many customers. Step 6: Presenting the Research Wal-Mart Stores, Inc. In the year of 1962, Wal-Mart came into existence (â€Å"About Us†). It launched its business operations by opening the first Wal-Mart discount store in Rogers, Ark. And in the year of 1969, Wal-Mart was incorporated as Wal-Mart Stores, Inc. Wal-Mart opened its first Sam’s Club membership warehouse in 1988. With the continued business success and business growth, Wal-Mart became an international entity in 1991 when it launched and opened its very first Sam’s Club near Mexico City. Wal-Mart is a financially stable and sound company. In the year of 2010, the company posted the sales figure of $405 billion (â€Å"About Us†). Additionally, Wal-Mart has a huge figure of customers, associates and members. Weekly, more than 200 million times these

A report based on an international HRM case study Essay

A report based on an international HRM case study - Essay Example Moreover, an analysis of recruitment as well as training policies of both of these societies has been performed. Furthermore, payment and reward procedure as well as structure are indentified in both of these societies. All these analyses will assist the HRM of the company in determining the best location among a particular Scandinavian country and the US in relation to cultural values as well as recruitment and training process along with payment and rewards. Table of Contents Executive Summary 2 Table of Contents 3 Introduction 4 Cultural Values 5 Recruitment and Training 9 Payment and Reward 13 Recommendations and Conclusion 14 References 16 Introduction An electronics company is planning to establish a manufacturing plant. The company develops electronics to be utilised by the mobile phone industry worldwide. Moreover, the company is required to decide the suitable location for setting up its manufacturing plant. The company has planned to develop its manufacturing unit either in the United States of America (USA) or in a Scandinavian country which comprises Norway, Denmark, Sweden as well as Finland. As a Human Resource Manager (HRM) of the company, decisions are required to be proposed for better implementation of HR polices as well as practices. Furthermore, with better HR policies as well as practices, local employees of these two regions will be managed as well as be recruited for effective performance of the company. Globalisation and advancement of technology have increased competition in the global market. Moreover, with intense competition, HRMs of companies have acquired an important place to perform business operations both at national as well as in international markets in an effective manner (Edward & Rees, 2007). Furthermore, HRMs of companies are required to be managed efficiently as well as channelize in the right procedures to operate business operations with effectiveness (Kondalkar, 2007). Human Resource Management (HRM) provides policies as well as procedures for managing as well as directing employees in order to accomplish goals of a company effectively. HRM of the companies are involved with recruiting as well as selecting appropriate individuals for performing business operations of in an efficient manner (Harzing & Pinnington, 2010). Moreover, with effective HRM policies as well as procedures, employees of companies are facilitated with better training facilities as well as are motivated towards improving their performance (Johnson, 2009). The report will emphasize on the cultural values of the societies discussed i.e. Scandinavia and the USA in terms of especially employment practices. Moreover, recruitment practices to be followed by the company as well as the extent of training facilities required to be provided to the employees of these countries will also be recognised through the report. Furthermore, the most common payment as well as reward systems prevalent in the USA and in Scandinavian countries will also be observed. The report based on the overall assessment will emphasize on determining the most suitable location for establishing the manufacturing plant for the electronics company. Cultural Values The US is multicultural society where people of the society believe in equality. The US comprises varied races as well as cultures. Moreover, the culture of the country believes in ethnicity as well as the country is considered to be the third largest country