![]() Walmart also participates in joint ventures in China (328 stores) and India (5). Walmart owns significant numbers of stores in Mexico (1,730 as of mid-2011), Central America (549), Brazil (479), Japan (414), the United Kingdom (385), Canada (325), Chile (279), and Argentina (63). Although Walmart tends to be viewed as an American retailer, the firm earns more than one-quarter of its revenues outside the United States. ![]() Walmart’s annual worldwide sales, for example, are larger than the dollar value of the entire economies of Austria, Norway, and Saudi Arabia. The largest MNCs are major players within the international arena. ![]() Understand what a transnational strategy involves and be able to offer an example.Ī firm that has operations in more than one country is known as a multinational corporation (MNC).Understand what a global strategy involves and be able to offer an example.Understand what a multidomestic strategy involves and be able to offer an example.
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