Buy custom Walmart Entrance To China
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 837 |
Essay's paper body
"In setting up the stores, everything has to be approved by the Chinese government, beginning with the joint venture. When we go into a city, we meet local officials such the mayor and the party secretary to get their support at the provincial, city and district level - all the way down the chain. It is critically important to have good government relations...
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It is critically important to have good government relations. We employ corporate affairs people in every city we are in to deal with government every day."
According to Mr Hatfield, corruption at the government level is much less prevalent than it once was.
Cautious entry
When Wal-Mart decided to locate a Supercenter in China almost 11 years ago, it trod cautiously at first...
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General points of the essay
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