Saturday, June 15, 2019
Base on the prompt Essay Example | Topics and Well Written Essays - 1750 words
Base on the prompt - Essay ExampleThere ar three railway line segments through which Wal-Mart operates its business Walmart US, Sams Club, and Walmart International. The retail stores have four different formats discount centers, supercenters, neighborhood markets, and other sm in all formats (Company Profile Wal-Mart Stores Inc, 4). The key products that are offered by Wal-Mart, Inc. include food products, consumables, entertainment goods, apparel, and goods for home major services are pharmacy and optical services money order services, check cashing, motion-picture show processing services, etc. (Company Profile Wal-Mart Stores Inc, 23-24). In addition to the retail units, Wal-Mart offers its products and services through the e-commerce websites available in 10 countries (Corporate.walmart.com).Wal-Mart launched its strategy of the multinational business expansion in 1991, by going to neighboring countries Canada, Mexico, and some countries of the Latin America. The total numb er of Wal-Marts international locations exceeding the number of 6,100 enables the company to generate around 30% of its revenue ($136, 318 mln in 2013) (Company Profile Wal-Mart Stores Inc, 26). Table 1 provides an overview of some of the key facts related to the Wal-Marts operations in different foreign markets.Wal-Mart has started its international expansion with opening its stores or by acquiring established local retailers in neighboring countries, such as Mexico, Canada, Brazil and Argentina. The companys victory in these countries has encouraged the management to go further and expand to China, the UK, Japan, Central America, India, and African continent. Wal-mart has opened its stores in few countries, including Mexico, Argentina, Brazil, China, and India. In order to enter all other countries, Wal-Mart has applied Mergers & Acquisition strategy, buying out either whole leading retailing companies operating locally or some stake of
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