Business Finance
Saudi Electronic University Walmart Employment Practices Essay

Saudi electronic university

Question Description

I’m trying to learn for my Business class and I’m stuck. Can you help?

Compare and contrast Sharia banking and Saudi financial management practices with Western banking and financial management practices. What difficulties might a Saudi company encounter as it does business in countries that do not follow Sharia banking and financial management practices?

Your well-written paper should meet the following requirements:

  • Be 4-5 pages in length, which does not include the title page, abstract, or required reference page, which are never a part of the content minimum requirements.
  • Use Saudi Electronic University academic writing standards and APA style guidelines.
  • Support your submission with course material concepts, principles and theories from the textbook and at least two scholarly, peer-reviewed journal articles.

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Attached.

Running head: WALMART EMPLOYMENT PRACTICES

WAL-MART EMPLOYMENT PRACTICES
By (Name)
Course
Professor
Institutional affiliation
Date

1

WALMART EMPLOYMENT PRACTICES

2

Memorandum
To:
From:
Cc:
Date:
Re: WAL-MART EMPLOYMENT PRACTICES

Executive Summary:
In the case against Wal-Mart by Bernett, the court approves the settlement of money
up to $35million to the workers at Walmart whose rights had been denied. This case saw a
toll on the company and led to uncovering of various corporate malpractices conducted by the
organization against their workers. Wal-Mart was also mandated by the court to ensure that
issues regarding wage and hour violations in the company were handled. Other lawsuits filed
against the company in its nationwide stores were meant to reimburse its 1.4 million workers
nationwide (Mcfadden, 2020). These lawsuits had a significant impact on the company's
revenues. This position paper resolves to recommend courses of action that can be undertaken
by the company’s top management to ensure that similar cases do not recur as well as steps
they should have committed to preventing them.
Introduction
Unethical practices that have been reported over the years concerning Wal-Mart’s
practices have tainted its reputation as a leading retail store. Unethical labour practices have
in the stores which are against the Employee’s rights. Issues concerning the wage rates
offered by the retail store indicate that they are lowest in the retail industry and cannot sustain
an Employee's welfare. The company charged at least $10.84 per hour, which was less than
the recommendable rates by 26%-37% when compared to the national wage rate. This
necessitate...

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