Environmental Factors
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Title: Environmental Factors

Essay Details:

Subject: Business
Author: Judith P
Date: April 11, 2015
Level: University
Grade: A
Length: 2 / 584

Essay text:

It took Wal-Mart 10 years to successfully position itself in the Chinese market during which time Wal-Mart had to bow out of its normal thinking of decide and conquer(decide a store location and just start building) and actually flatter the Chinese before making an entrance. According to the October 30, 2006 issue of Newsweek Business, Wal-Mart has ingratiated itself to Chinese consumers by adopting their customs and culture, making its move from a minor player with just 3.1 percent of the market to a dominant force. Wal-Mart learned to do things the Chinese way, starting with food, which consumers insist be freshly harvested, or even killed in front of them...

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