Which of the following statements best explains why Walmart is finding it difficult to replicate its existing business model in India?
A) Because of the political differences between India and U.S.
B) Because NAFTA prohibits Walmart from investing in countries outside North America
C) Because of the large economic distance between U.S. and India
D) Because Walmart's low-cost strategy has not been accepted by Indian consumers
Correct Answer:
Verified
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