What negotiating capabilities and negotiation strategies that a Essay

What negotiating capabilities and negotiation strategies that a company or an organization has to develop to deal with global recession in 21st century - Essay Example This is because how organizations negotiate has an impact on the bottom line of the company. The model of the corporation as a barging entity is not new, but remains relatively under utilized. There may be numerous negotiations to be done, being undertaken at any given point in time at the same time2. The importance of these deliberations collectively may be very significant, yet organizations continue to handle each one individually, without any metrics, governance and or standard process for success in place. So as to achieve some leverage in these hard economic times occasioned by the recession, it’s important to put in place some guiding principles such as demanding that all negotiations in excess of a given amount should apply the corporate negotiation tactic and supporting tools3. It’s also important that all purchasing and sales personnel should be trained in both basic and advanced negotiation

Does The CSR Practice Help the Wall Mart Organisation to Achieve Its Case Study

Does The CSR Practice Help the Wall Mart Organisation to Achieve Its Goals and Objective - Case Study Example Wal-Mart is a reputed store, still the employees and workers are not at all happy with its policies and rules. Due to which large amount of workers decided to leave the organization of Wal-Mart and migrated to various other regions of the world. As a result, it gave rise to the problem of labour shortage mainly in the region of China. Such type of corporate miss-behaviour gave rise to a new problem known as Wal-Martization within the organization (Chan & Siu, 2009). There are varied issues entirely related to the labour or wage violation: Minimum amount of wage is offered to the workers that’s almost impossible for the workers to live their life in an effective way (International Labour Rights Forum, 2012). The workers are forced to work for longer hours with very less amount of wages. The workers are forced to work for more hours but their overtime wages are violated by the organizational hierarchy (Singh, 2012). The materiality leaves of the female workers are also violated by the management of Wal-Mart (Globescanfocus, 2013). Due to which, Wal-Mart was named as Sweat-Shop by its workers and its reputation was hindered. Therefore, in order to remove such a worse reputation and image, the management decided to implement certain Corporate Social Responsibilities (CSR) for the benefit of the workers (Sum, 2009). It decided to present desired wages for the workers so as to gift a better living condition to them. Along with this, it also tried to implement better machineries so as to enhance the working conditions (Kaye, 2012). Other than this, the management also decided to present overtime wages for the workers along with piece rates as well. Moreover, they also committed to present the similar wage rates to the workers in case of lower orders of the garments or toys. This acted as a boon for the organization to regain its reputation and image in the market along with dominance power as well (Globescanfocus, 2013). Part 2: Being the world’s number one legendary brand in the segment of apparels, Wal-Mart had to suffer a serious set-back in the year 2004. It was due to its internal strategies and policies.