Walmart is one of the leading world retail firms. The company has more than eight thousand retail shops; a sale turns over about three hundred billion American dollars with nearly two million workforces. Walmart sales are attributed to its slogan of everyday low prices. Walmart's primary success is attributed to the quality and quantity in supply management string, the client capacity, and service to maintain low prices. Studies have asserted that Walmart controls the united states market; its international market place also boosted its sales.
The cultural challenge was the main reason why Walmart failed in its quest to enter the Argentina market. It indicated that Argentinians did not acknowledge the US’ supermarket hence led to the significant challenges that the company faced. The company had an optimistic encounter in changing Argentinians ethical experience. These attempts bore no fruits insinuating that culture is a crucial determinate of business failures or success. Quality and price; in brazil, Walmart has been compelled to change its operating strategies to fuse the Brazilian culture of product quality and price. Brazilian consumers make decisions anchored on product quality and price.
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Tension and conflict challenges; when Walmart joined the Chinese market, it was confronted with severe challenges and uncertainties with regards to employees' working conditions, low wages, and inadequate health care. Communication challenges mostly in Germany where Walmart had challenges in presenting what Germans wanted to know about the company and her products.
Walmart has a well-structured plan the helps it in overcoming cultural issues. The company has adopted polite and clear communication, critical study about various cultures, strives towards taking in cultural differences, employing diversity in training, and sharing knowledge. This aids in curbing the challenges that the firm faces.
References
CNN. (2010). Retail Info Sytem . Cnn.
