Assignment:
Watch this video "CNBC The Age of Walmart" (link: https://www.youtube.com/watch?v=9vt2K_LP2Vw) and answer the following questions.
1. How could Walmart be so successful?
2. How could Walmart monitor its operation very closely?
3. How does Walmart establish the relationships with suppliers? Do you agree with the Walmart's practices on the supplier relationship? Why?
4. Do you think that Walmart's globalization will work in China? Why?
5. What kinds of cultural differences did Walmart consider when opening stores in China?
You can answer the following questions based on the video OR some other information from other resources, but mainly please use the video to answer.