Walmart Has Struggled to Find Success in a Few Foreign

question 125

Multiple Choice

Walmart has struggled to find success in a few foreign countries. Experts say Walmart ignores social-cultural factors when attempting to expand to foreign locations. Perhaps Walmart should abandon their direct investment approach and instead ______, which will require a significant investment, but provide Walmart with a fully functioning organization in the foreign country.

• A) acquire an existing company
• B) franchise
• C) export products
• D) seek a joint venture

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Definitions:

Psychomotor Memory

The type of memory involved in the performance of tasks requiring both cognitive and motor skills, such as riding a bicycle.

Episodic Memories

Memories of specific events or experiences, including the time and place they occurred, allowing an individual to mentally re-experience the event.

Procedural Memory

A type of long-term memory involved in the learning of skills and tasks that can be performed without conscious thought.

Echoes

Repetitive sounds that are heard after the original sound has been made, typically as a result of the reflection of sound waves.