TNC - Walmart

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10 Terms

1
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Where is Walmart headquartered and when was it founded?

Walmart was founded in Arkansas, USA, where its global headquarters are still located.

2
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How much was Walmart's revenue in 2024?

$648 billion in annual revenue.

3
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Name 3 countries where Walmart has major operations.

  • Mexico (2700+ stores),

  • UK (under ASDA, 500+ stores),

  • China (major supplier base).

4
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What are Walmart's main I.P.O

Inputs: Electricity used for store operations, products from manufacturers (food & clothing)

Processes: retail operations → displaying products.

Outputs: retail products and revenue.

5
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How many people does Walmart employ globally as of 2024?

Around 2.1 million associates worldwide.

6
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How does Walmart benefit low-income families in LEDCs?

It provides affordable groceries and household goods.

7
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What is a positive local impact of Walmart in India?

  • Grants in Madhya Pradesh and West Bengal helped improve farming techniques in 2023.

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Suggest negative social impact of Walmart

  • Factory workers in Bangladesh work long hours for low wages.

  • Walmart’s dominance has led to the closure of small businesses

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What is an problem caused by Walmart?

Water pollution in Texas.

10
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How does Walmart source its goods globally?

sources goods from a global network of suppliers in China, India, Mexico, and Vietnam, etc, Relying on bulk purchasing