When expanding internationally, large companies such as Walmart: do not always s
ID: 424171 • Letter: W
Question
When expanding internationally, large companies such as Walmart:
do not always succeed even with strong prior international experience.
always succeed due to their strong brand awareness.
always succeed due to their prior international experience.
tend to have less international success due to the challenges of coordinating global business.
do not always succeed even with strong prior international experience.
always succeed due to their strong brand awareness.
always succeed due to their prior international experience.
tend to have less international success due to the challenges of coordinating global business.
Explanation / Answer
Answer: (a) do not always succeed even with strong prior international experience.
Explanation: The closures and shutdowns of large number of Walmart stores in China shows that even after having a strong International experience in other Asian countries like India and in other regions such as Latin America, a company does not always succeed while expanding internationally. The success of an organization in countries other than its home country largely depends on its ability to understand the social, cultural, economic and political factors of the other country and make changes to its own strategy and product offerings according to the need of the local customers.
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