Answered You can hire a professional tutor to get the answer.
Hi, I need help with essay on Walmart Foreign Expansion Case Study. Paper must be at least 1000 words. Please, no plagiarized work!The company adapted practices to fit the nature of Mexico market befo
Hi, I need help with essay on Walmart Foreign Expansion Case Study. Paper must be at least 1000 words. Please, no plagiarized work!
The company adapted practices to fit the nature of Mexico market before transforming the market culture of American practices. However, the company has been criticized for bribery cases in the establishment of outlets in Mexico involving the executives. The company has fought these allegations through internal investigations as well as inviting other authorities not only for Mexico but also other markets which promote Walmart’s reputation. The company faced difficulties in penetrating the Japan market due to strong government protection for the local firms. The company has adopted some local practices that have promoted growth through acquired local firms. The same is observed in the China’s market that where company has adopted labor practices and considerations for customer tastes and preferences. The company has however failed in the Germany and Korea markets due to failure of adapting practices in accordance to the nature of markets in these countries. For instance, in Germany, the company disregarded labor practices and failed to hire locals to enhance management. The company also failed to improve the quality of the products and items offered.
Walmart could not succeed in other countries by adopting its wholesome merchandising strategy. This is because the global markets present different factors that are not observed in the American market. Different countries have varied cultures, economic conditions and other factors that shape tastes and preferences of the locals. Firms that would succeed in these markets should satisfy the customer needs and therefore a flexible merchandising strategy is appropriate for use to promote success. Following this, Walmart would apply part of its marketing strategy that is valid for to a country and adopt other local practices to the company’s strategy. Failure to apply flexible marketing strategy, the company would experience
