4.

Walmart’s solution to overcome

According to the Report from the AAPPG 2006, MNCs ought to have great responsibility for the rampant
corruption in developing countries that receive many billions of bucks from FDI.

Moreover, USA- primarily based MNCs are also being investigated monumental cases of felony
payments to government officers in FDI - received nations to induce benefits in business performances
due to the enactment of the Foreign Corrupt Practices Act (FCPA).

Since Walmart is certainly Associate in Nursing example of MNCs primarily based in USA however it is
invested with its supply chain and branches globally. Walmart's North American nation has become the
foremost roaring retail business in this market. in South American.

Another scandal that Walmart has concerned about is the conflict with USA unions. It's the actual fact
that Walmart has a large range of staff with the amount of one. 3 million yank incorporates a high
proportion of low-paid staff. because of the fierce claim for United Food and Industrialists United
Nations Resistance and Walmart Organization (OUR), Walmart, as an MNC that must keep its image and
international trademark ought to implement actions to beat labor problems.

Walmart has shown its active role in the management and overcoming the scandals that they have
created, significantly Walmart has outlined its weaknesses and enforced the solutions for the long-run
goal of turning into a lot of clear and ethnic in the international market, tạo một giá trị đầu tiên và ethics
apply

4.1 Comprehensive Anti- Corruption Audit Examination for Wrongdoings

After the bribe of Walmart de Mexico was leaked, the company dispatched investigators to Mexico City,
and they discovered the evidence of the ex-CEO's presence there. Then, to avoid similar incidents like
the one in Walmart de Mexico, company leaders have created a system of checks with hundreds of
auditors, independent investigators, and lawyers. the whole world to sweep the Walmart affiliates
around the world.

The audits were conducted in China, Mexico, and Brazil as they were considered to be the most
corruptible. Walmart hired Greenberg Traurig law firm and BIG 4 company KPMG to reconsider. As a
result, significant violations have been identified due to cultural corruption in these countries.

Auditing is one of the most powerful tools companies use to fight corruption and bribery. Anti-
corruption by auditing helps the company's management to detect abnormal and improper actions in its
annual financial statements. It is because of the importance of auditing that many MNCs have applied
anti-corruption auditing to their pre-eminent policy before they reached the global level.

As a result, by annual inspections, Walmart has created a system that allows them to better control their
affiliates in the international marketplace. It is also the system that Walmart has discovered many cases
of corruption in their branches.
4.1 Anti-Corruption Reskilling
Walmart has made suggestions to make anti-bribery and corruption-related thinking more transparent
and ethical. As a result, they gained the attention of the workforce that helped them solve bribery and
corruption problems.

Over the past several years, all newly hired contributors in the United States will receive moral training,
indicating that Walmart has reviewed and reinforced the high ethical standards it has set itself. So far,
Walmart has trained anti-corruption for more than 100,000 affiliated companies and they have designed
anti-corruption training directly for employees who have a working environment to interact with
government officials.

Doing so is fundamental to both the company's leadership and the available workforce that can help
maintain a clean environment and reduce corruption in your company. The results show that today all
Walmart employees have an understanding of anti-corruption and anti-bribery, especially those outside
the United States.

4.3 Partner selection based on Labor right Standards – Walmart’s Standards for Suppliers
Manual
There are many potential risks of bribery and corruption in Walmart's subsidiaries as well as their
counterparts. Because of this, Walmart has set standards and imposed it on its partners and affiliates
outside the United States.

Thus, Walmart imposed the basic idea of labor rights in Walmart's code of conduct into the supply
contract as a contract term. In addition, Walmart has promised to use the supplier's goods and offer
lower discounts if the supplier complies with the standards set by Walmart.

One of the criteria for choosing Walmart partners is that they comply with Walmart's Standards for
Suppliers Manual. Walmart's basics standards include anti-corruption, the right of labor, the right of
Walmart to inspect the compliance with Walmart Code of Conduct (Standards)

4.4 Walmart E-Commerce Strategy

The company has consistently faced fierce competition from competitors in the same business segment,
with pressure to keep margins low and cost savings, Walmart is always entangled in issues of wages for
his workers.

Walmart's pressure on Walmart to raise employees' salaries. The company's leadership decided to raise
at least $ 9 an hour for the lowest level and about 500,000 workers in Walmart benefited.

Company leaders have hoped that with rising wages, their employees will be able to become regular
customers at Walmart stores, resulting in higher sales and profits. Not to say that Walmart's annual
salary is growing and profits so that also reduced.

In order to keep the profits unchanged, as Walmart has spent more on employee salaries, the company
has decided to invest in e-commerce as Amazon's rivals are doing. Increasing profits is just one reason
Walmart invests in e-commerce and they have seen the potential profitability of the e-commerce
market. In addition, Walmart is a company with a large customer base, is the largest retailer in the world
and is present in 27 countries. And on the basis of being the largest retailer in the world, Walmart has
fair competition resources with its competitors in the market, which has the brand power, capital, and
trust of its customers. throughout the years. In addition, direct shopping helps them not have to ask for
the papers in the country. As is the case in Mexico City, Walmart de Mexico wants to accelerate the
development process to take over the market bribes and corruption to obtain earlier licenses and gain
local