I will pay for the following essay International Business: Wal-Mart Analysis. The essay is to be 4 pages with three to five sources, with in-text citations and a reference page.Wal-Mart mainly operate
I will pay for the following essay International Business: Wal-Mart Analysis. The essay is to be 4 pages with three to five sources, with in-text citations and a reference page.
Wal-Mart mainly operates in 17 different countries and they are Brazil, Argentina, Canada, Chile, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, India, Mexico, Puerto Rico, Nicaragua, Pakistan, United Kingdom and the United States. 2. It is identified that both US and UK follow a free market approach that does not impose any regulation on business expansion. According to this concept, the government has only a distant role in market regulation. In contrast, China has adopted a more restrictive approach so as to preserve the interests of its traditional traders. Although China possesses world’s largest potential market, the strict market regulations adversely affect Wal-Mart’s business interests. As compared to the Chinese market, Indian market covers the features of both capitalism and a socialistic market economy (Indian Market). This mixed market system provides equal power to industrialists and government over the market. Like in the case of US and UK, Japan maintains a free market system so as to encourage national as well as international traders. Japan’s industrialized economy is the third largest in the world. According to Daniels, Radebaugh, Sullivan, and Salwan (2011, p. 144), different nations follow different market systems and regulations. These varied market structures raise many challenges to Wal-Mart Stores because the organization is forced to restructure its marketing policies in accordance with the trade laws of the nations in which it operates. 3. The sources of political risk for the countries in which the Wal-Mart has its presence vary. For instance, the organization operates in Pakistan where political conflicts and terrorism are at its peak. Such a political atmosphere is not beneficial for a multinational company like Wal-Mart because the political instability would seriously impinge on the firm’s marketing operations.