Why has Wal-Mart built numerous stores in India in recent years?
A) access to e-commerce sites
B) relaxed foreign investment rules
C) ability to develop brand position
D) creation of free trade agreements
E) limited franchising opportunities

Question

Quizplus · Accepted Answer

Wal-Mart has been able to build numerous stores in India in recent years due to relaxed foreign investment rules. In 2012, India allowed 51% foreign direct investment (FDI) in multi-brand retail, allowing Wal-Mart to set up joint ventures in the country. This has since been increased to 100% FDI in single-brand retail and 49% in multi-brand retail.

Why Has Wal-Mart Built Numerous Stores in India in Recent