Walmart has struggled to find success in a few foreign countries. Experts say Walmart ignores social-cultural factors when attempting to expand to foreign locations. Perhaps Walmart should abandon their direct investment approach and instead ______, which will require a significant investment, but provide Walmart with a fully functioning organization in the foreign country.

Question

Quizplus · Accepted Answer

Acquiring an existing company in the foreign country would provide Walmart with a fully functioning organization, allowing them to bypass some of the challenges associated with understanding and integrating into the local culture and market directly.

Walmart Has Struggled to Find Success in a Few Foreign