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Globalization To what extent has Wal-Mart's globalization program been successful? Introduction This essay will explore how successful Wal-Mart's (supermarket company) globalization process has been. In doing so the following areas need to be focused upon: - where they began, where they operate now, to what extent they have grown, the adopted strategies and the effectiveness of those strategies. Firstly we shall start by outlining the definition of globalization, it refers to when the world market of goods and services, and integration in world capital markets is increasing or growing. (Source: Complete A-Z Economics and Business Handbook). However it's also 'an umbrella word which includes a whole range of trends. Part of the process involves greatly increased trade flows' (Nuffield - Economics and Business). For the purpose of this essay we shall go with the first definition. Globalization occurs when countries exchange goods and services, capital is moved freely from one country to another and...

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