Walmart in Korea
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In the attached article:
- What kind of joint venture do you see? Please comment.
- What is the technology transfer taking place here, if there is any?
- How does it relate to globalization?
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- What kind of joint venture do you see? Please comment.
Founded in 1962 by Sam Walton, Wal-Mart followed an amazing pattern of success and growth, eclipsing all other U.S. department store retailers by the early 1990's. A joint venture (often abbreviated JV, and sometimes known by the older term joint adventure) is a strategic alliance between two or more parties to undertake economic activity together. The parties agree to create a new entity together by both ...
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