Essay --

The Evolution of a Global Economy and Its Effects Relating to Wal-Mart Introduction The whole has been filled with many business challenges and market opportunities. As a result, there have been many changes in the overall turnover of the organization. This paper will focus on financial resources, operating, financial and equity return of the organization. International finance has been a major boost for businesses world over to grow and dominate their sectors. Those businesses that utilize this facility end up being a major success internationally. The use of international finance means that the businesses have more investments, cash flows and capital growth; this increases their chances of growth through investing in global markets. World financial institutions such as; world banks, world trade organizations, commercial banks have been responsible for funding business that have changed over to big businesses making volumes of sales throughout the world. I would like to make my discussion by using Wal-Mart as an example of what is happening in our world. For example, Thomas Friedman, in his book â€Å"The World is Flat†, says that if Wal-Mart were an individual business, it would rank as China’s eighth-biggest trading partner, ahead of Russia, Australia, and Canada. Wal-Mart is a perfect example of a business that has used world finance to retain sustained growth and development. This paper also focuses on world finance and how it has enabled Wal-Mart to grow beyond borders while still a gross profit, it also answers the question how government bodies affect financial decision-making. This paper studies Wal-Mart external business market and its influence on its strategic business contingency plan. Economically, Wal-Mart has enjoyed... ...art has joint ventures in China and several majority-owned subsidiaries. Wal-Mart’s majority-owned subsidiary in Mexico is Walmex. In Japan, Wal-Mart owns 100 percent of Seiyu as of 2008 (walmartstores.com) Wal-Mart also owns 51 percent of the Central American Retail Holding Company, more than 360 supermarkets and other stores in Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica. Global Impact In 1993, President Bill Clinton signed The North America Free Trade Agreement into law. The trade agreement eliminated all non-tariff barriers to agricultural trade and tariff rate quotas allowing Wal-Mart to import products and export jobs. This had a great financial impact on America. However after seeing the affects this agreement would have on our country, Congress expanded the North America Free Trade Agreement to include over thirty-one additional countries. Essay -- The Evolution of a Global Economy and Its Effects Relating to Wal-Mart Introduction The whole has been filled with many business challenges and market opportunities. As a result, there have been many changes in the overall turnover of the organization. This paper will focus on financial resources, operating, financial and equity return of the organization. International finance has been a major boost for businesses world over to grow and dominate their sectors. Those businesses that utilize this facility end up being a major success internationally. The use of international finance means that the businesses have more investments, cash flows and capital growth; this increases their chances of growth through investing in global markets. World financial institutions such as; world banks, world trade organizations, commercial banks have been responsible for funding business that have changed over to big businesses making volumes of sales throughout the world. I would like to make my discussion by using Wal-Mart as an example of what is happening in our world. For example, Thomas Friedman, in his book â€Å"The World is Flat†, says that if Wal-Mart were an individual business, it would rank as China’s eighth-biggest trading partner, ahead of Russia, Australia, and Canada. Wal-Mart is a perfect example of a business that has used world finance to retain sustained growth and development. This paper also focuses on world finance and how it has enabled Wal-Mart to grow beyond borders while still a gross profit, it also answers the question how government bodies affect financial decision-making. This paper studies Wal-Mart external business market and its influence on its strategic business contingency plan. Economically, Wal-Mart has enjoyed... ...art has joint ventures in China and several majority-owned subsidiaries. Wal-Mart’s majority-owned subsidiary in Mexico is Walmex. In Japan, Wal-Mart owns 100 percent of Seiyu as of 2008 (walmartstores.com) Wal-Mart also owns 51 percent of the Central American Retail Holding Company, more than 360 supermarkets and other stores in Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica. Global Impact In 1993, President Bill Clinton signed The North America Free Trade Agreement into law. The trade agreement eliminated all non-tariff barriers to agricultural trade and tariff rate quotas allowing Wal-Mart to import products and export jobs. This had a great financial impact on America. However after seeing the affects this agreement would have on our country, Congress expanded the North America Free Trade Agreement to include over thirty-one additional countries.