In the mid-1970's, foreign investment in Japanese firms became less attractive due to strong domestic competition and high labor costs. ... Walmart had an important opportunity to enter the Japanese economy with the potential to make a substantial profit and make a positive impact on Japan's economy, but it did not come without its difficulties. ... For example, when Walmart gained a majority stake in Seiyu, they immediately laid off 1,500 workers. ...

• Word Count: 1985
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate