For this assignment, you will read Walmartâ€™s Global Strategies case study and then respond to the following questions and make decisions based on those questions.,For this assignment, read Walmartâ€™s Global Strategies case study,In Chapters 8 and 9, we reviewed several types of global expansion strategies a company can undertake when entering new markets. For this assignment, you will read Walmartâ€™s Global Strategies case study and then respond to the following questions and make decisions based on those questions., 1. Firstly, What was Walmartâ€™s early global expansion ,strategy,?,Secondly, Was this a good strategy for Walmart?,Thirdly, Why or why not?,2. Further, What cultural problems did Walmart face in some of the international markets it entered?, Now, assume the role as the Director of Walmartâ€™s global strategic planning team and 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:, â— Latin America â— European Union â— Southeast Asia â— Russia â— Middle East,More details;,What is Walmart global strategy?,WhyÂ WalmartÂ is refining itsÂ global strategy. The deal, under which WalmartÂ gets a 42% stake in the combined company and almost $3 billion in cash, will allow the retailer to invest in more digital efforts and fuel its expansion in other international markets.,What is Walmartâ€™s business strategy?,The cornerstone of Walmartâ€™s business strategy is its everydayÂ ,low,Â prices. The brand sells a very large range of products and its focus always remains on selling products at the lowest prices in the market. The millennial customers are interested in three things. They are convenience,Â ,low,Â prices and product quality.,Which international strategy does Walmart follow?,Wal-MartÂ has adopted aÂ strategyÂ somewhere between â€œFocused Low-Costâ€ positioning and â€œCost Leadershipâ€ where-in, Market scopeâ€”Â GlobalÂ operations cater to a diverse customer base. In the US price conscious low and middle income consumers with a focus on smaller towns.,Attachments,Click Here To Download,
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