CORPORATE REGULATIONS: A LEGAL STUDY

Corporate Regulations: A Legal Study



Corporate Regulations: A Legal Study

Introduction

The company that has been selected in this assignment is Wal-Mart. This paper will analyze the corporate regulations of the Wal-Mart company as it is one of the retail giant of the world. Wal-Mart Company operates retail stores in different formats worldwide. In United States of America, the retail formats implemented by the company include supercenters, discount stores, neighborhood markets, and Sam's Clubs. In the global arena, the company operates in El Salvador, Argentina, Canada, Chile, Brazil, China, Guatemala, Costa Rica, Honduras, Japan, Puerto Rico, Mexico, India, Nicaragua, and the United Kingdom. The company's headquarter is located in Bentonville, Arkansas. As of today, the company employs nearly 2.1 million people. Since operating in a highly competitive international market, the company is experiencing several risks, including market risk, commodity risk, foreign exchange risk and interest rate risk

Question HR: How does safety environment impact the internal and external stakeholders?

According to Occupational Safety and Health Act of 1970, it is the duty of the employer to provide safe workplace environment to employees (Baron, Chen, & Steege, 2009). There is no denial that safe and secure environment always pleases the stakeholder of a company. Wal-Mart values its human resource and to ensure the safe environment the company has their own set of rules and policies that the company enforces all over the world. Moreover, Wal-Mart in compliance with the rules and regulations of the countries where it operates stores completely follow laws to create a safer environment. However, in United States the company ensures the safe and secure environment while complying with the regulations mentioned in Occupational Safety and Health Act of 1970. This measure by the company increases the overall satisfaction level of the internal (employees) and external (customers) stakeholders. ...