Cultural differences and typical household composition could possibly have good impact on the success on Walmart's strategic plan in India's marketplace.
The impact of Cultural differences and typical household composition could possibly be more in India's marketplace. In 2018, in India, Walmart implemented a joint venture strategy by acquiring a majority of share in the country’s dominant online retailer, Flipkart.
In 2020, this partnership expanded. Thus, as a part of its strategic plan, Walmart focuses on entering global markets which represent high-growth opportunities.
Hence, cultural differences and typical household composition could possibly have good impact on the success of a business plan.
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