When Walmart stores first expanded into Mexico,management established a joint venture with the country's largest retailer.Judging by the approach Walmart used,management must have viewed Mexico as:
A)culturally close and easy to enter.
B)culturally distant and easy to enter.
C)culturally close and difficult to enter.
D)culturally distant and difficult to enter.
E)culturally difficult and easy to enter.

Question

Quizplus · Accepted Answer

Walmart's decision to enter into a joint venture with Mexico's largest retailer indicates that management viewed Mexico as culturally distant and difficult to enter. Joint ventures are often used in markets that are seen as challenging due to cultural, legal, or economic differences, as they allow for local expertise and easier market entry.

When Walmart Stores First Expanded into Mexico,management Established a Joint