Many other retailers have also failed in international markets due to a lack of understanding and adaptation to local cultures and diversity. For instance, Target, a retail giant valued at $71 billion in the United States as of 2024, lasted only two years in Canada before closing its doors. One business strategist explained the failure, stating, "Canadians are loyal to Canadian brands. You can't just cut and paste a U.S. strategy onto Canada." This case study demonstrates that understanding and respecting culture and diversity is essential for success, both in business and everyday life. Failure to do so can lead to significant setbacks.
After considering the scenario and reading the case study, which of the following actions would you be most likely to use in your daily life to demonstrate understanding and respect for cultures and diversity, whether at work or otherwise?
