Discussion
Assume you are leading a team composed of representatives from British, Mexican, Brazilian, and Egyptian subsidiaries of your firm. The team must make a number of major decisions. What guidelines might you develop for yourself for leading the team through its decision-making process? What steps might you take to enhance the team’s cohesiveness? How successful do you think such an effort would be?
To earn full credit, post an initial response of 500 words that includes at least one APA citation and the associated reference
Assignment Instructions
To prepare for this week’s assignment, read the case “The Globalization of Walmart”. After reading the case, address the following questions related to international strategic management decisions, foreign market analysis, forms of entering markets, and exporting goods:
- How did Walmart’s international strategic management decisions, such as its choice of joint ventures and wholly owned subsidiaries, contribute to its success in Latin America and China? What are the advantages and disadvantages of these entry strategies in different markets?
- When analyzing foreign markets, what factors should Walmart have considered before entering India? How might an in-depth foreign market analysis have influenced Walmart’s approach to dealing with India’s complex market structure and regulatory challenges?
- Compare and contrast Walmart’s approach to entering the Mexican, Chinese, and Indian markets. What lessons from Walmart’s experience in Mexico and China could be applied to improve its market entry strategy in India?
- How did Walmart’s strategy of sourcing products locally versus importing goods impact its international operations, particularly in China? What considerations should Walmart have taken into account regarding exporting versus local sourcing in its emerging market strategies?
- Based on Walmart’s previous international experiences, what strategic recommendations would you make to the company to ensure long-term success in India’s retail market, especially in the context of the $16 billion acquisition of Flipkart? How should Walmart navigate the political and economic challenges while expanding in India?
In your paper, use insights from the textbook and integrate at least three peer-reviewed sources along with their citations and references. Your paper must be APA formatted and include at least 1500 words. Please use the APA 7th Essay Template