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Home Depot is a great example that failed to do their homework. A great example

ID: 336929 • Letter: H

Question

Home Depot is a great example that failed to do their homework. A great example of successful expansion globally is with Walmart and their continuing global expansion. How do you think they determined the correct mix of cultural and ethical standards in various countries that they chose to enter? Can any of you provide examples of organizations that have effectively introduced products into foreign markets like Walmart that did succeed? What strategies did this organization employ to make the introduction a success?

Explanation / Answer

Home Depot is a great example that failed to do their homework. A great example of successful expansion globally is with Walmart and their continuing global expansion. How do you think they determined the correct mix of cultural and ethical standards in various countries that they chose to enter? Can any of you provide examples of organizations that have effectively introduced products into foreign markets like Walmart that did succeed? What strategies did this organization employ to make the introduction a success?

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