In January 2009, Walmart Acquired a Controlling Interest in Chile's

question 40

Multiple Choice

In January 2009, Walmart acquired a controlling interest in Chile's leading food retailer. Since then, Walmart has opened the first environmentally friendly supermarket in Chile that uses energy efficient technology throughout the store. Walmart is planning to open additional stores in Chile over the next seven years. Walmart's top executives are considering the idea of transferring U.S. managers to Chile to oversee the construction and establishment of the new stores. Which of the following, if true, supports the assertion that Walmart is an ethnocentrically oriented corporation?

• A)Walmart usually succeeds on an international level because the firm actively works to support local charities.
• B)Walmart rarely experiences cultural misunderstandings because of its tendency to hire locals to fill management positions.
• C)Walmart aims to maintain a unified organizational culture by filling foreign management positions with Americans.
• D)Adaptability screening eliminates problems associated with transferring Walmart managers and their families abroad.

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Definitions:

Expense Account(s)

Accounts used to record the costs incurred in the operation of a business, such as rent, utilities, and salaries, which are used to calculate net income.

Assets

Resources owned by a business that have economic value and can be used to meet debts or commitments.

Companionship

A close relationship between individuals where they share company and support, often providing emotional comfort and friendship.

Widowed

Refers to the status of a person whose spouse has died and who has not remarried.