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International Business and Sociopolitical Environment

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International business managers must also consider the sociopolitical environment of a host country. The overall attitude in a country affects how labor and management view each other and how labor will try to improve its lot. Wal-Mart was heavily criticized for utilizing labor overseas instead of using North American workers. Was Wal-Mart applying smart business strategy or cutting costs? What is your reasoning behind your answer?

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This solution discussed Wal-Mart and the costs of going international.

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Wal-Mart was using a smart business strategy by going overseas, so that they could cut costs. They are known to have the cheapest prices, and since that is the case, they ...

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