Question
From Quality and cost? The evolution of Walmart's business strategy and human resource policies and practices in China and their impact (1996-2017) explain the below:-
From "Quality and cost? The evolution of Walmart's business strategy and human resource policies and practices in China and their impact (1996-2017)" explain the below:-
1. Explain the coevolution of the business strategy and HR strategy of Walmart (China) in the last two decades and identify tensions in the context of intensifying competition in the Chinese retail market.
2. Explain the reasons behind Walmart China's a shift from the original employee-oriented win-win strategy through rent sharing between the firm and the employees to a win- lose strategy through the introduction of more cost-conscious HR policies and practices.
3. Kindly assess alignment between business strategy and functional strategy in the services sector as illustrated by the Walmart China case.
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