Welcome to Live Chat

Welcome to LiveWebTutors Services, World's leading Academic solutions provider with Millions of Happy Students.

Call Back
logo

24x7 Support Available

To Get the Best Price Chat With Our Experts

chat now

In A Hurry? Get A Callback

shopping cart 0

Subject Solutions Code Description Price Delete

Amount Payable : $0

continue shopping proceed to checkout

World's Leading Assignment Library

Global Business Project and Walmart International business will be our topic for group study.

Question Preview:

Group Assignment: Global Business Project Every organization conducts research to plan and implement a business idea. Your group can plan a global expansion of an existing product or service, or can research a new foreign business opportunity. The final result should be a written report of no more than 20 pages including tables, figures, and references. Business Opportunity Summary The business opportunity summary should not exceed 6 pages including references. The first component of the business plan is the preparation of a business opportunity summary. Your summary should c...

View Complete Question >>

Question Preview:

Group Assignment: Global Business Project Every organization conducts research to plan and implement a business idea. Your group can plan a global expansion of an existing product or service, or can research a new foreign business opportunity. The final result should be a written report of no more than 20 pages including tables, figures, and references. Business Opportunity Summary The business opportunity summary should not exceed 6 pages including references. The first component of the business plan is the preparation of a business opportunity summary. Your summary should consist of the following: Walmart International business will be our topic for group study. A brief description of a foreign business market opportunity for an existing company (a company that you are currently working for, are familiar with, or are interested in) or for a new enterprise of interest to your group. An overview of known geographic (e.g. company location, R&D location, production plant location, market location), economic, cultural, political and technological factors that support the proposed global business. At this point you are not required to conduct extensive research. A brief description of the potential market for the associated product or service to be offered. Again you are not required to conduct extensive research. Progress Report The progress report should not exceed 10 pages including references. The progress report should address the following: A synopsis of the decided strategic objectives (including competitive strategy) of the proposed global enterprise. Research conducted to date on competitors in your product or service space operating in the country or countries that you are considering for your international business. Research conducted to date on the chosen location’s geographic, economic, social-cultural, political-legal environments that will positively and/or negatively affect your business activity. Research conducted to date on potential global business entry modes and strategic alliances that will be used or developed respectively. Research conducted to date on relevant organizational structures to be used. Remaining research to be conducted given the final report requirements (see below) and timeline for final report development including division of work. Final Report The final result should be a written report of no more than 20 pages including tables, figures, and references. The final report should include the following: Introduction (Include the information from the Business Opportunity Summary here): A description of a foreign business market opportunity for an existing company (a company that you are currently working for, are familiar with, or are interested in) or for a new enterprise of interest to your group. An overview of known geographic (e.g. company location, R&D location, production plant location, market location), economic, cultural, political and technological factors that support the proposed global business. A description of the potential market for this product or service. Strategic Objectives (Include the research conducted for your Progress Report here): A detailed discussion of the strategic objectives (including competitive strategy) of the proposed global enterprise. Justification of choice of strategy given the existence of competitors in your product or service space operating in the country or countries that you have considered for your international business. Entry Mode and Alliance Structures (Include the research conducted for your Progress Report here): A description of and justification of potential global business entry modes and strategic alliances that will be used or developed respectively. Justification of choice of mode of entry and the need for alliances given the chosen location’s geographic, economic, social-cultural, political-legal environments. Organizational Structures and Human Resource Requirements (Include the research conducted for your Progress Report here): A detailed description of and justification of the chosen organizational structures. A discussion of human resource requirements, placements, and training requirements if any as a function of business activity and organizational structure chosen. Target Market, Promotion, and Pricing Strategy A description of the product or service proposed for the global enterprise, including attributes, target market, customer benefits, and competitive advantage. A description of the promotional strategy for your business as well as product or service. A brief description of a pricing strategy that may be used given demand factors, competition, and any government regulations in the chosen country/countries. Distribution Strategy Recommend a distribution channel and intermediaries that could be appropriate for your product/service. Measuring International Business Success A brief description of selected measures of success from your global enterprise e.g. financial success, organizational development via learning and innovation opportunities, economic and social benefits for the target markets.

View Less >>

Solution Preview

International expansion has become most important for all types of business and gained a lot of attention. While considering for global expansion, various factors shall be diagnosed in order to make expansion decision viz. entry modes, threats and opportunities in the proposed market and appropriate business strategies to mitigate the risk of failure in such global markets.

Established in 1962 by Sam Walton, Wal-Mart has become the world’s largest retailer chain today. It is a multinational retail company having its base in US and sells groceries and other general merchandise. It is basically a family business with almost 10,130 stores having more than $400 billion revenue (Walmart, 2013). Wal-Mart serves about 100 million customers in US every week and due to highly saturated domestic market and such rapid expansion, Wal-Mart faces expansion limits in US’s home market requiring considering international expansion opportunities. Wal-Mart is well known for its low pricing strategies and thus can attract customers in emerging economic markets. Internationalization of business opens new networks into new as well as existing countries and cities with an increase in the new customers’ base and hence sales (Wal-Mart de Mexico, 2008). Consumers today don’t prefer traditional markets and posses changing preferences on buying groceries and daily merchandise. They now mostly prefer supermarket chains, standard hypermarkets and stores offering attractive and lower prices with appropriate convenience. This revolutionary change in consumers’ preferences has created expansion opportunities for Wal-Mart enabling it to open its stores into more cities.

question Get solution

$15

Orginal Price : $19.50

Pay Now

Upload Assignments

250 words

side

Get Your Assignment

Don’t delay more, place your order now. Quick assignment help will be offered to you.

Order Now

CUSTOMER REVIEWS

Excellent

logo

Based on 702 reviews See all reviews here

One of the Best Service

I trust LiveWebTutors for my assignments because of their ability to deliver the perfect assignments time and again. Only a few of my assignments required minor revisions. The rest assured it is the best assignment writing service in the market.

Elizabeth
Sydney

Great Service and on time

I felt so exhausted and burdened with the large number of assignments I had to write and desperately needed someone to help me with all the writing and there was LiveWebTutors company on the internet. They finished my assignments before the due date and also offered me a first-timer discount.

Christina
Perth

One of the Best Assignment Provider

I ordered my Mathematics and Marketing assignments from them last month. I received the content on the set date. Most importantly, the assignments were well-written and plagiarism free. I scored a top grade for the assignment written by them. They are a reliable company.

Oli
Brisbane

Very Helpful Customer Service

I was quite unsure about getting my assignment written online but after coming across LiveWebTutors.com, all my worries have vanished. The quality of the assignments written by their writers is just invincible. Their customer support is very polite and helpful. You should try their service at least once

Kabir
Adelaide