3 pages/≈825 words
Business & Marketing
Wal-Mart Stores (Research Paper Sample)
Prepare a paper (700-1000 words) incorporating answers to the questions below. It is important to address each of the questions presented. Research and choose one international corporation to discuss (Wal-Mart). You may use the Fortune Global 500 to help you choose a corporation (http://money.cnn.com/magazines/fortune/global500/2009/). The corporation you choose may be headquartered in either the United States or a foreign country. 1. Provide a company overview, and identify the countries in which the corporation operates. 2. Identify the types of market systems and types of legal systems that exist in the countries where the corporation operates. What effect do these have on the company's operations? 3. Discuss the possible sources of political risk for: (a) the countries in which the company has a presence and (b) the basic nature of their products and operations. If you were a political consultant for the company, how would you suggest the company approach its political risk given trends in international political systems? 4. Identify the stakeholders the company must satisfy. Why is this process more difficult for companies operating internationally? 5. Summarize the company's code of conduct. State the reasons why it is in the company's best interest to follow its code of conduct when operating in foreign countries. 6. Does the company have any social programs in the country/countries where it operates? If so, briefly describe one. 7. What are the indicators the company might monitor to guide their investment and actions in the future? source..
WAL-MART CHAIN STORES NAME OF STUDENT NAME OF SUBJECT NAME OF UNIVERSITY DATE Wal-Mart is a retail store that operates more than four thousand outlets in the world. It is the largest retail store in the United States of America and is largest retail chain in the world as well. It also dominates the retail store market in Mexico, Canada and the United Kingdom. Its sales include general merchandise such as household needs, family apparel, electronics, shoes, jewelry and beauty aids. The store also runs a photo processing center, tire and lube express and a department of pharmacy. Wal-Mart operates in twenty eight countries and employs more than two million people globally. In other countries other than the United States, Wal-Mart uses different names. The stores are called Welmex in Mexico, Toda Dia in Brazil, Seiyu in Japan, Asda in the United Kingdom, Supercentre and Discount Store in Canada, Trust-Mart in china, Econo in Chile, Pari in Costa Rica, Dispensa Familiar in Guatemala, Dispensa Familiar in El Salvador, Pali in Nicaragua, Dispensa Familiar in Honduras, Changomas in Argentina and Best Price in India. Most recently, Wal-Mart acquired fifty one percent of Mass-mart stores in South Africa, a retail store with two hundred and eighty eight outlets operating in fourteen countries in the southern Africa region (Pereira, 2002). In the United States where Wal-Mart has its greatest presence, the market system is a free market economy under a capitalistic setting. The consumers relate to the economy by seeking the best value at the lowest prices with free political beliefs and protected rights. Wal-Mart is succeeding by appealing and supporting the consumer needs while striving to remain efficient in its business aspects and offering the lowest prices possible (Courser, 2005). In operating in the other countries, Wal-Mart had to adjust in order to remain flexible and adapt by showing local understanding. Being a typical American store it had to change many of its ways in order to reach out to the suspicious German consumers and the British consumers who are seen as being reser...
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