Question

In: Finance

Walmart’s human rights policies and practices as they relate to stakeholders, both internal and external, prioritized...

Walmart’s human rights policies and practices as they relate to stakeholders, both internal and external, prioritized according to what impacts the business

Solutions

Expert Solution

WALMART's HUMAN RIGHT POLICIES: These policies deal with the company's Ethics & Compliance program (including Responsible Sourcing of Human Resources for the organisation activities). These policies are directed towards the benefits of stakeholders like employees(internal), customers(external) & for organisation reputation as a whole.

Walmart’s purpose is to save people money and help them live better. We achieve our purpose through our associates and recognize that our associates make the difference..

Walmart respects human rights & their work is guided by values like

1.Service to the customer
2.Respect for the individual
3.Strive for excellence
4.Act with integrity

IMPACT ON THE BUSINESS:

-Internal Impact(within the organisation) - Enterprises can affect the human rights of their employees and contract workers by their policies. A good policy towards those work force can improve their morale or motivation levels & make them feel about organisation as their own business. This can help an organisation in getting quality work form their most valued Human Resources in less time. These rights include Good & safe working premises, good human infrastructure, on board safety equipments, periodical health check-up camps....etc

-External Impact(outside the organization) - Enterprises can affect the human rights of their customers,communities around their operations and end users of their products or services. These stakeholders have a large bearing on business of the organisation in terms of effecting the organisation sales at large. These include providing customers with convenient access to safe, affordable products and services, contribute to the community(less/no damage to environment), create career opportunities, and provide opportunities for suppliers to grow their businesses that, in turn, employ other.


Related Solutions

In Human resources, Classify internal and external hiring practices and explain different interview types
In Human resources, Classify internal and external hiring practices and explain different interview types
Explain which policies should be used under the following conditions to achieve both internal and external...
Explain which policies should be used under the following conditions to achieve both internal and external balance. A trade deficit combined with output above potential; A trade deficit combined with output below potential; A trade surplus combined with output above potential; A trade surplus combined with output below potential.
List three (3) internal stakeholders and three (3) external stakeholders that may be involved in developing...
List three (3) internal stakeholders and three (3) external stakeholders that may be involved in developing programs and describe how could facilitate their input in program development.
3. The human body responds to both external and internal signals of all types including light,...
3. The human body responds to both external and internal signals of all types including light, pressure, sound, temperature, and chemical signals. The human nervous system depends on a network of neurons to transmit information from one area of the body to another. a. Describe how the body detects such a wide variety of external and internal signals. b. Describe how information moves through a single neuron starting with the dendrite and ending at the synapse.
Differentiate between internal and external stakeholders with two examples of each type.
Differentiate between internal and external stakeholders with two examples of each type.
onsider the roles of internal and external stakeholders and consider one of the following projects: A...
onsider the roles of internal and external stakeholders and consider one of the following projects: A municipal airport is considering letting larger planes land at its facilities. This will bring added tourism but also more noise and pollution. A paper factory is expanding its production at one plant. This will provide local high paying jobs but also create more traffic and potential pollution. A school wants to consolidate classes to save on teachers’ wages. This will save local taxpayers money...
learn about the concept of Internal Control. This is the policies, procedures and practices that a...
learn about the concept of Internal Control. This is the policies, procedures and practices that a company puts in place to make sure that company assets are protected and that the company's accounting records are true and accurate. The material in the chapter that discusses the Sarbanes-Oxley Act emphasizes how important Internal Controls are and the penalties that can be imposed on a company for not following good internal control practices. Please answer the following questions regarding Internal Controls. Questions...
Describe Apple Incs, internal and external stakeholders. In the description, include the actions taken by the...
Describe Apple Incs, internal and external stakeholders. In the description, include the actions taken by the stakeholders to date to influence the political process and advocate for the business’s interests.
Explain at least 3 ways that Executive leader might develop a stronger relationship with stakeholders(internal, external,...
Explain at least 3 ways that Executive leader might develop a stronger relationship with stakeholders(internal, external, and interface) - select one stakeholder group per category.
Discuss the two aspects of human rights that have increasingly led to humanitarian intervention. Relate these...
Discuss the two aspects of human rights that have increasingly led to humanitarian intervention. Relate these aspects to either the Liberia or Rwanda case.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT