The strategic plans like Walmart's plan are impacted by cultural differences and typical household composition in India.
Walmart's strategic plan aim to provide safe and affordable products to people around the world. By doing in-house innovation, they enhance their economic opportunity and sustainability for their business society. Steps of strategic planning process are- determine your position, prioritize your objectives, develop a plan, execute and manage a plan and review the plan.
Impacts of cultural differences and typical household composition on the strategic plans are in three primary areas- organisational hierarchy, communication and etiquette. Culture sensitivity and local knowledge means higher quality of plans.
To learn more about Strategic plans here
brainly.com/question/15195633
#SPJ4
