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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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HW5

HW5

Q 1. (Chapter 9, Question 2) Select an industry and analyze its regionalization drivers as they were five years ago, as they are today, and as they are likely to be in five years’ time. 2. (Chapter 9, Question 3) How should a company decide when to use regional rather than global strategies? 3. (Chapter 10, Question 2) Which industry globalization drivers are the easiest to measure, and which are the most difficult? What is the basis for your assertion? 4. (Chapter 10, Question 3) How often and by whom should measures of globalization and global strategy be made?

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Walmart is a company that was founded in 1962 that sold items at a low price to the customers. Now the founder of Walmart used a business model that helped them in keeping the prices as low as possible (D, 2015). By operating on a large scale and minimizing the cost the company can have a stable business even if they are not that good as the competitors.