When Wal-Mart Stores first expanded into Mexico, management established a joint venture with the country's largest retailer.Judging by the approach Wal-Mart used, management must have viewed Mexico as:

Question

Quizplus · Accepted Answer

Wal-Mart's decision to establish a joint venture with Mexico's largest retailer suggests that they viewed Mexico as culturally distant and difficult to enter, requiring local partnership to navigate the market effectively.

When Wal-Mart Stores First Expanded into Mexico, Management Established a Joint