What are rewards that would best motivate employees at Wal-Mart?
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7. If you were a leader in this organization, determine the appropriate rewards that would best motivate employees toward achieving the desired strategy. Review the financial performance of the company to ensure the rewards are appropriate. Justify your selection.
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http://walmartstores.com/sites/annualreport/2011/financials/Walmart_2011_Annual_Report.pdf
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This solution discusses two factrs to be considered when determining appropriate rewards at Wal-Mart in 436 words.
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7. If you were a leader in this organization, determine the appropriate rewards that would best motivate employees toward achieving the desired strategy. Review the financial performance of the company to ensure the rewards are appropriate. Justify your selection.
There are two factors that have to be considered to determine the appropriate rewards that would best motivate employees towards achieving the desired strategy. The first consideration is the strategy of the company. Wal-Mart has a low price strategy. This means that Wal-Mart should have an overall strategy that is low cost and so the rewards should be low-cost as well. The second is to review the financial performance to ascertain if the strategy of Wal-Mart is working and that the same strategy should be ...
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