Globalization

Verna M. Cortez
MGT/448
Instructor: Richard Floyd
6/18/2003
Globalization: Wal-Mart
A near by neighborhood store where you run into acquaintances that you have not seen for a while, sits about less than 5 miles away from home. The other store is about 12 more miles away. Wal-Mart has built its family-owned company since 1962 by the late Sam Walton. The dream of Sam Walton was to provide high-quality products at affordable prices. Today, the Walton’s Family grew a great empire of store around the United States. What does Wal-Mart have to do with globalization?
Wal-Mart has made their presents with the Internet utilizing e-commerce. This not only increased sales, but has given Wal-Mart the global business opportunity outside of the United States. The Walton’s also own Sam’s Club, which is a super store with membership fees for business members. In 1991, Wal-Mart created an International Division that would operate in seven different countries, such as: Argentina, Br...