Friday, October 18, 2019
Walmart Foreign Expansion Case Study Example | Topics and Well Written Essays - 250 words
Walmart Foreign Expansion - Case Study Example Walmart gradually changed the Mexican merchandising culture to American as it expanded its operations in this country. It customized its products and it lowered their prices which resulted in Mexicans changing their shopping habits as they begat to visit large retail shops. This attributed to Walmartââ¬â¢s success in Mexico. 2. In order to succeed in China, Walmart should adapt to the Chinese culture so that it can mesh it with its merchandising strategy. For instance, Walmart has discovered that the Chinese prefer that fresh food be harvested in front of them and this is the exact strategy that it has adopted. Walmart has also discovered that in China, success requires it to embrace unions and it has adopted this strategy which is in stark contrast to America where unionization is opposed. This has positively contributed to the company making inroads in China. 3. It is quite challenging for a company such as Walmart to change the culture of the nation where it is doing business. Consumers in different nations have their own culture which may not be easily changed. However, in order to be successful in such nations, it is imperative for the company to adopt the local peopleââ¬â¢s culture and try to mesh it with its strategy. This is likely to appeal to the interests of the customers rather than fully changing their culture which they will
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.