In terms of the lecture and in class activities I found the discussion and the

In terms of the lecture and in class activities i

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In terms of the lecture and in-class activities, I found the discussion and the debate of the case “Walmart around the World” to be the most meaningful. Coming from Vietnam, I didn’t know much about the success of Walmart as Walmart doesn’t operate in Vietnam. However, through reading and discussing the case, it helped me to realize how successful Walmart is globally and how Walmart, at the same time, didn’t fully understand their foreign markets. I find the most interesting part of the case is when the author talks about how Walmart failed in South Korea because the Walmart model was a poor fit for Korean customer – Korean customers valued a luxurious, service-orientated shopping experience more than low prices that Walmart offers. This part of the case helped me to recall and reflect that McDonald failed in Vietnam because of a similar reason – McDonald model was a poor fit for Vietnamese customer. McDonald didn’t adjust the price of their burgers when coming to Vietnam, and Vietnamese ended up finding McDonald to be both expensive and unhealthy. Since most Vietnamese value healthy-eating lifestyle, they would prefer to buy local meals on the street which are both cheaper and healthier. In addition, the Walmart case indeed showed me how Walmart really struggled to operate in some countries because of differences in culture, politics, economics, and many more factors. It then made me to recognize that in order for firms to be successful globally nowadays, they must do analysis of countries thoroughly prior entering a foreign market. Lastly, the debates that we have done in class really contributed my learning process. This is because I got to see how a professional debate is being carried out. Throughout watching the teams debated, I also realized
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