¶ … global strategy, retail giant Wal-Mart has a few different factors to consider, as is evident in the Newsweek article, "Wal-Mart World." Not only does Wal-Mart have certain factors that must be taken into account when considering their global strategy, but these choices differ from country to country. According to the article, "Wal-Mart is the No. 1 retailer in the United States, Canada and Mexico, growing rapidly in Asia, but still a minor player in Europe and South America." This can be attributed to the ways in which Wal-Mart attempts to expand into these regions. For example, when considering whether or not to move into a region and how the process shall be achieved, Wal-Mart must look at things such as the...

For example, "it is nearly impossible to build new stores in Germany because of stringent zoning laws," and "in Europe, Wal-Mart faces a different set of hurdles -- higher labor costs, tougher unions and a more paternalistic regulatory environment than the laissez-faire U.S. market." In Japan, Wal-Mart "searched for a local team to 'run the business,' and now plans to help its new Seiyu partners transform their chain into Japan's price leader,…