International Business Essay

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RMIT University BUSM1222 International business Wal-Mart in China How does Wal-Mart achieve its internationalization objectives in the contemporary context? Student number: S3326878 Student name: Qian Yuan Table of Contents Introduction …………………………………………………………………………………………………....3 The overview of Multinational Corporation: Wal-Mart in China ……………………...4 How Wal-Mart internationalize itself? ………………………………………………………....4-5 Factors affecting the internationalization process ………………………………………..…6 How is Wal-Mart impacting China? ……………………………………………………………7-8 Summary and study experience …...................................................................9-10 References……………………………………………………………………………………………………..11 Appendix 1……………………………………………………………………………………………………..12 Reflective journal-Tutorial 2……………………………………………………………………………12 Reflective journal-Tutorial 3…………………………………………………………………………...12 Reflective journal-Tutorial 4……………………………………………………………………………13 Reflective journal-Tutorial 5……………………………………………………………………………13 Reflective journal-Tutorial 6……………………………………………………………………………13 Reflective journal-Tutorial 7…………………………………………………………………………...14 Introduction Wal-Mart is an America worldwide chain enterprise. The holding people are Walton family. Wal-Mart was established in 1962, with the opening of the first Wal-Mart discount store in Rogers, Ark. After fifty years development, Wal-Mart has become the largest private employer and global chain retailer in the world and it has many times being the topped Best of Top 500 Companies of the World and is elected by the most valuable brand in the Fortune magazine. At present, Wal-Mart is international company with 5651 stores and about 780.00 associates in 26 countries outside the continental U.S. These countries are Argentina, Botswana, Brazil, Canada, Chile, China, Costa Rica, Ei Salvador, Ghana, Guatemala,

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