Critical Thinking Essay Homework: Wal-Mart's Global Strategies
The topic: Wal-Mart's Global Strategies
Reviewed several types of global expansion strategies a company can undertake when entering new markets. For this homework, you will read Walmart's Global Strategies case study (p. 279) and then respond to the following questions and make decisions based on those questions.
o What was Walmart's early global expansion strategy? Was this a good strategy for Walmart? Why or why not?
o What cultural problems did Walmart face in some of the international markets it entered?
Now, assume the role as the Director of Walmart's global strategic planning team. You have been tasked to explore the benefits and challenges of expansion into one of the following regions. Choose one of the following regions and describe the opportunities and challenges in that region. Summarize the cultural environment, choose an entry strategy from the text, and describe how you would implement this entry strategy. Make sure you are very detailed in your explanation.
Regions:
o Latin America
o European Union
o Southeast Asia
o Russia
o Middle East
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
Reference:
o "In-Depth Integrative Case Study 2.2: Walmart's Global Strategies" (p. 279) in International Management: Culture, Strategy, and Behavior.
o Ahsan, M., & van Wyk, J. (2018). Going past entry mode: Examining foreign operation mode changes at the strategic business unit level. Journal of Managerial Issues, 30(1), 28.
o Jiang, F., Ananthram, S., & Li, J. (2018). Global mindset and entry mode decisions: Moderating roles of managers' decision-making style and managerial experience. Management International Review, 58(3), 413-447.