Wal-Mart in 2005: Managing Globalization
Details
BSTA137
18
2006
NO
500
Wal-Mart Stores Inc.
Retailing
US
International Business,Growth Strategy
Abstract
For Wal-Mart's founder, Sam Walton, going global had not been a top priority. It was only after Walton's death, that Wal-Mart's globalization accelerated. Walton's successors realized that waiting too long to get into foreign countries would allow competitors to gain a foothold in overseas markets. Moving fast would give Wal-Mart the necessary time to learn the complexities of international business and to correct its mistakes before others joined the fray. Since then Wal-Mart has entered several overseas markets. While Wal-Mart has succeeded in some markets, it has encountered major challenges in others.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- 0
Keywords
Wal-Mart, Sam Walton, Globalization, International business, World's Biggest Retailer, Global Expansion, Super centers and SAMS Clubs