Answered step by step
Verified Expert Solution
Question
1 Approved Answer
For years, Japan has been relatively closed to significant foreign direct investment, but more recently the government has changed its policy and actually now encourages
For years, Japan has been relatively closed to significant foreign direct investment, but more recently the government has changed its policy and actually now encourages inward investment. Wal-Mart, taking advantage of this shift in policy, acquired a large Japanese retailer in 2002. Wal-Mart's initial venture into Japan has been challenging and has forced I the company to change its approach to better compete with local retailers and meet the needs of Japanese consumers. Discussion of the case can revolve around the following questions: How would you characterize Wal-Mart's investment in Japan? Why was Japan an attractive destination for the company? Why did Japan change its position on inward foreign direct investment? How will Wal-Mart's investment benefit Japan? Discuss the strategic changes Wal-Mart's Japanese rivals are making in response to the entry of Wal-Mart. What does this tell you about the power of Wal-Mart? What changes has Wal-Mart had to make to attract Japanese consumers? What can Wal-Mart learn from this experience
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started