Essay about International Business- Walmart - 2977 Words

INTERNATIONAL MARKET OF WAL-MART QUESTION Assignment 1: Challenges in international management Type: Individual Format: Essay (You are encouraged to use headings and/or sub-headings to separate the sections/cases of your essay.) Word limit: 2500 words (variation within 10% more or less is allowed) This activity is a platform to sharpen and demonstrate your knowledge and analytical skills in international business. It is designed to help you achieve the learning outcomes 1, 2 amp; 3. The assignment focuses on the actors of international business and their actions in the contemporary international business context. It also provides you with opportunities to link the international theories with the practice by analysing†¦show more content†¦These matters have been transformed into the broad objectives that are stated as under: 1. Access to the world class health care at an affordable price. 2. Minimize the power cost for the consumer. 3. Moral and Environmental issues to be taken care of before expanding the business network. .(wallmart.com,2012) Internationalization of the process In the present business environment there are no fixed methods for globalization of the business. As there are various complexities in the entire process of the business which varies from place to place and business to business. The standards of internationalization of the process of any business are set by the owners by themselves. In general view in terms globalization few concepts are relatively popular in terms of globalization of the process. The commonly followed strategies are as follows. * Exporting of the product * Seeking for Licensing the product to other company * Go out and give franchising opportunity to other company. * Joint venturing with the native country firms * Setting up of a wholly owned subsidiary. Generally the experiment has proved that bring change to the on going firms international engagement, it lays down the rues and regulation for setting up foreign subsidiaries. Hence it becomes important to include these variations and give moreShow MoreRelatedWalmart : The Largest Retailer Of The United States Essay1274 Words   |  6 PagesWalmart, the largest retailer in the United States, was founded by Sam Walton in 1962 (Malhotra, 2016). The headquters is located in Arkansas. Walmart is the third largest ecommerce company, just behind Amazon and Apple (Malhotra, 2016). Walmart has more than 11,000 stores in over 27 countries and has 2.3 million employees all over the world (â€Å"Company Facts†, n.d. Malhotra, 2016). More than half of these employees (1.4 million) worked in the United States (â€Å"Company Facts†, n.d. Malhotra, 2016)Read MoreWalmart Business Model Good For Consumers954 Words   |  4 Pagesbeen to a Walmart store at least once in their lives. 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