ID | 137009 |
Title Proper | Bharti-Wal-Mart |
Other Title Information | a glocalization experience |
Language | ENG |
Author | Matusitz, Jonathan |
Summary / Abstract (Note) | This paper analyzes the experience of Bharti-Wal-Mart, a joint venture between Wal-Mart and Bharti Enterprises (an Indian telecommunications company), based on the principles of glocalization theory. By and large, glocalization refers to the adaptation of multinational corporations (MNCs) to local cultures. MNCs achieve this by immersing themselves into local cultures and by adopting unconventional marketing techniques. A major finding of this analysis is that globalization is not monolithic. It is not a homogenizing factor that forces local cultures to follow the norms, practices, and values of a big corporation. In fact, Wal-Mart executives quickly learned that imposing the Bentonville blueprint on local Indian populations would be doomed to failure from the beginning. An important focus of this analysis is to establish a framework for greater understanding of the strategies adopted by Wal-Mart in India. |
`In' analytical Note | Journal of Asian and African Studies Vol.50, No.1; Feb.2015: p.83-95 |
Journal Source | Journal of Asian and African Studies 2015-02 50, 1 |
Standard Number | India |