Industrial and Organizational Psychology for Wal-Mart Inc.

RUNNING HEAD: INDUSTRIAL AND ORGANIZATIONAL PSYCHOLOGY
0
INDUSTRIAL AND
ORGANIZATIONAL
PSYCHOLOGY
WAL-MART Inc.

INDUSTRIAL AND ORGANIZATIONAL PSYCHOLOGY
1
Table of Contents
Introduction...............................................................................................................2
Current situation of Wal-Mart...................................................................................2
Evaluation of current system..................................................................................3
Recommendations.....................................................................................................3
References.................................................................................................................4

INDUSTRIAL AND ORGANIZATIONAL PSYCHOLOGY
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Introduction
Wal-Mart Inc. is an American multinational corporation, which functions in the
hypermarkets series, stores of discount departments as well as the stores of grocery. It was
incorporated in the year 1969, over the year 2019; company has 11,368 stores and clubs in the
twenty-seven countries as well as the company is working with fifty-five diverse names. The
company is in the industry of retail and provides items like equipments of electronics,
furnishings, clothes, footwear, games, supplies of craft and party s and the items of grocery. The
products accessible under the brands of Wal-Mart are the products of private label (Griggs,
2015). In the year 2018 the Wal-Mart initiate the three series for the items of clothing, which is
George for the men’s clothes and accessories, time and Tru for the women’s as well as wonder
nation for the children. The sizes of the organization hypermarkets varies from 69,000 feet of
square to 2, 60,000, the company is earns the maximum profits which is more than the US$500
billion. The company functions in various countries, which are UK, China and the country of
South America. The business of the company, are extremely increasing and succeed however,
the operations were unsuccessful in the country of Germany as well as South Korea (Walmart
ANNUAL REPORT, 2018).
Current situation of Wal-Mart
The wall- mart uses both internal and external source to recruit the employees ,the
sources of internal, for this methods used by the Wall-Mart are- Employees which are currently
working in the company. It is mainly for the position of the administrative and executive, about
70% of the employees presently promoted from their position (Armando, Luca, Luca, Jens,
Mueller, & Nicola, 2018). It also makes use of on- the- job trainees as the source of
recruitment, these employees are mostly for the sales and marketing jobs, Transfer of the
employees are done by the Company. The company also applies several sources of External,
which includes advertisement of jobs by the website of the company. Wal-Mart does campus
recruitment by making agreement with the University of American public, sometimes company
also hire previous candidates for the job position.