Core Values Excellence Saint Leo University is an educational enterprise. All of us, individually and collectively, work hard to ensure that our students develop the character, learn the skills, and assimilate the knowledge essential to become morally responsible leaders. The success of our University depends upon a conscientious commitment to our mission, vision, and goals. Community Saint Leo University develops hospitable Christian learning communities everywhere we serve. We foster a spirit of belonging, unity, and interdependence based on mutual trust and respect to create socially responsible environments that challenge all of us to listen, to learn, to change, and to serve. Respect Animated in the spirit of Jesus Christ, we value all individuals’ unique talents, respect their dignity, and strive to foster their commitment to excellence in our work. Our community’s strength depends on the unity and diversity of our people, on the free exchange of ideas, and on learning, living, and working harmoniously. Personal Development Saint Leo University stresses the development of every person’s mind, spirit, and body for a balanced life. All members of the Saint Leo University community must demonstrate their commitment to personal development to help strengthen the character of our community. ResponsibleStewardship Our Creator blesses us with an abundance of resources. We foster a spirit of service to employ our resources for University and community development. We must be resourceful. We must optimize and apply all of the resources of our community to fulfill Saint Leo University’s mission and goals. Integrity The commitment of Saint Leo University to excellence demands that its members live its mission and deliver on its promise. The faculty, staff, and students pledge to be honest, just, and consistent in word and deed. [everything we put in the paper must be relevant to Walmart executives and why they should expand into Italy--- we are convincing them to invest Walmart in Italy] Opportunity Within Italy -why it’s safe and lucrative (politically, economically, legally) Political Economic Legal facts for each category to convince Walmart into Italy Ex: How retail sales relate to GDP growth -why is Italy desirable [everything we put in the paper must be relevant to Walmart executives and why they should expand into Italy--- we are convincing them to invest Walmart in Italy] executive summary (last) cliffs notes for the entire doc (redundant, nothing introduced) introduction put forth: we as consultants have undertaken analysis for the italian industry for discount retailing and we feel walmart has a fantastic opportunity--- why--- how talk about walmart and it's global strategy (brief history of success/not success) focus on italy and what creates the opportunity for walmart within the market place political/economic/legal environment profit potential risks of costs labor (measurement) (interest and motivation for.

1. Core Values
Excellence
Saint Leo University is an educational enterprise. All of us,
individually and collectively, work hard to ensure that our
students develop the character, learn the skills, and assimilate
the knowledge essential to become morally responsible leaders.
The success of our University depends upon a conscientious
commitment to our mission, vision, and goals.
Community
Saint Leo University develops hospitable Christian learning
communities everywhere we serve. We foster a spirit of
belonging, unity, and interdependence based on mutual trust and
respect to create socially responsible environments that
challenge all of us to listen, to learn, to change, and to serve.
Respect
Animated in the spirit of Jesus Christ, we value all individuals’
unique talents, respect their dignity, and strive to foster their
commitment to excellence in our work. Our community’s
strength depends on the unity and diversity of our people, on
the free exchange of ideas, and on learning, living, and working
harmoniously.
Personal Development
Saint Leo University stresses the development of every
person’s mind, spirit, and body for a balanced life. All members
of the Saint Leo University community must demonstrate their
commitment to personal development to help strengthen the
character of our community.
ResponsibleStewardship
Our Creator blesses us with an abundance of resources. We
foster a spirit of service to employ our resources for University
and community development. We must be resourceful. We must
optimize and apply all of the resources of our community to
fulfill Saint Leo University’s mission and goals.

2. Integrity
The commitment of Saint Leo University to excellence
demands that its members live its mission and deliver on its
promise. The faculty, staff, and students pledge to be honest,
just, and consistent in word and deed.
[everything we put in the paper must be relevant to Walmart
executives and why they should expand into Italy--- we are
convincing them to invest Walmart in Italy]
Opportunity Within Italy
-why it’s safe and lucrative (politically, economically, legally)
Political
Economic
Legal
facts for each category to convince Walmart into Italy
Ex: How retail sales relate to GDP growth
-why is Italy desirable
[everything we put in the paper must be relevant to Walmart
executives and why they should expand into Italy--- we are
convincing them to invest Walmart in Italy]
executive summary (last)
cliffs notes for the entire doc (redundant, nothing
introduced)
introduction
put forth: we as consultants have undertaken analysis for

3. the italian industry for discount retailing and we feel walmart
has a fantastic opportunity--- why--- how
talk about walmart and it's global strategy (brief history of
success/not success)
focus on italy and what creates the opportunity for walmart
within the market place
political/economic/legal environment
profit potential
risks of costs
labor (measurement) (interest and motivation for youths to
find jobs)
address issues
why what walmart has that would be relevant and create value
in the italian marketplace
adaptations
marketing 4ps
supply chain
recommendations
We as consultants have undertaken analysis of the Italian
market in terms of opportunity for Walmart’s global expansion
into Italy. We feel that Walmart has a fantastic opportunity to
penetrate the Italian retail market and continue growth abroad.
Walmart has a rich history of success globally that we look to
learn from and customize a strategy that will ensure prosperity.
Before we can implement this learning, we will first prove that
Italy is a safe and lucrative investment for Walmart to consider
based on political, economic, and legal factors. Furthermore, we
believe that Walmart has unique competitive advantages that
would create value in the Italian market place and overall
culture. By the conclusion of this analysis, we intend to
convince our reader that expansion into Italy will be a safe and
profitable investment for Walmart because of the favorable
business environment there, the value Walmart can add to the
market, and the feasibility of accomplishing this.

4. Walmart’s Global Strategy to Date
http://www.strategy-business.com/article/13866?gko=e19cb
Opportunity Within Italy
-why it’s safe and lucrative (politically, economically, legally)
-why is Italy desirable
Value Creation in Italy
-How does Walmart overcome foreign barriers
-adaption to marketplace(relevance to market)
-marketing mix
-supply chain (distribution channels/issues/choices)
-overcoming cultural trends in retail
Strategy Recommendations
****Remember Walmart Executives the audience
Main points to focus on to change the paper
executive summary (last)
cliffs notes for the entire doc (redundant, nothing
introduced)
introduction
put forth: we as consultants have undertaken analysis for
the italian industry for discount retailing and we feel walmart
has a fantastic opportunity--- why--- how
talk about walmart and it's global strategy (brief history of
success/not success)
focus on italy and what creates the opportunity for walmart
within the market place
political/economic/legal environment
profit potential

5. risks of costs
labor (measurement) (interest and motivation for youths to
find jobs)
address issues
why what walmart has that would be relevant and create value
in the italian marketplace
adaptations
marketing 4ps
supply chain
recommendations
For the first page
*try to justify the point what is the evidence/implications of
walmart?
*Why does it matter to walmart? (being highly inefficient)
*Labor reform- think about Walmart. How does the regulations
aids it?
*Show interest/motivation of you in finding jobs
*Compare to other markets in terms of youth.
Page two
· It is inconsistent (relatively very limited)
· Provide more evidence
Page 3
· Italy in the global exonomy (Highlight how retail sales relate
to GDP growth?
· In terms of “ease of doing business” (don’t start with that as
an introduction, use a better intro)

6. Page 4
· Walmart’s global strategic position (show me what target it is
addressing to)
· Exponentially enlarge( this change it because its very factual
and very dramatic)
Page 6
· Change the entire page because it is very vague and generic
for both Paragraphs
I. Italy business environment and culture
Italy is currently recovering from the global economic crisis and
is taking steps toward a positive GDP. Boosted by low oil
prices, a more competitive euro, and an easy monetary policy,
Italy is expected to have a positive GDP next year with annual
growth of 1%(Ratings and Criteria Center). With upcoming tax
cuts and labor reform, consumption is expected to grow steadily
and push the service based economy forward.
In terms of the political environment, Italy is presented with a
few challenges that tend to hinder the business environment.
First, the labor market is highly inefficient because of stringent
hiring and firing policies amongst other issues. Labor reform
has been recently passed and will include incentives to hire
youths to curb the 40% youth unemployment rate. Second, Italy
struggles to control private action from the mafia that causes
further market inefficiencies. A third hurdle for Italy is the

7. rampant tax evasion that results in higher taxes that are
essentially expected to not be paid in full. Finally and arguably
most important when considering foreign investment is the debt
crisis which is now 135% of GDP. Defaulting on their enormous
debt would have profound impacts on the Italian market and
society as a whole.
However, Italy has a Foreign Investment Index (based on
economic stability, growth, economic risk, and business and
investment climate) of 8/10. For comparison, the United States
has a 9/10. Italy is widely considered to be a highly transparent
country with a favorable business environment. They have a
skilled labor force with a very large pool of qualified applicants
to choose from. For Walmart, there is a large need for intro
level workers that would stay on staff for a long time. This need
could be served by the enormous population of youths looking
for work.
In general, Italy’s legal system is sound and will protect foreign
investment. However, there are a few specific instances of the
legal system falling short. First, Italy’s intellectual property
laws are not strictly enforced. Second, the tax evasion in Italy
has driven corporate taxes upward of nearly 65% to compensate
(Doing Business). Finally, the private action by the mafia is
still unchecked in parts of the country (Santander). That being
said, there are opportunities to receive tax breaks in the poorer
southern region of the country and the mafia’s influence is
relatively very limited. With these few manageable legal issues
aside, Italy has a strong legal system capable of protecting
potential investors.
When looking at Italy as a whole, it is clear that the economic
environment is the strongest of the three. Projections for the
country’s economy are very strong and indicate confidence in
the business market place as a whole. Much of this confidence
is based off increasing consumption amongst consumers which
is a strong indicator of economic performance as a whole.
Taken in context with the various political and legal issues,
much of the decision on whether or not to enter the Italian

8. market will be based on how much of an impact those issues
might have on the market Walmart looks to penetrate.
II. Italy in the global economy
Italy is the third largest economy in the euro-zone (the19th of
the 28 EU member states that have adopted the Euro), but its
exceptionally high public debt and structural barriers to growth
have left it vulnerable to scrutiny by financial markets. In the
international ranking of developed economies, Italy holds the
8th position in terms of nominal GDP ($2,147 billion,
International Monetary Fund statistics, 2014). The eurozone
debt crisis had a huge effect on Italy. This crisis was a result of
several eurozone member states being unable to repay their
government debt without the assistance of third parties (such as
the IMF).The crisis had such a detrimental effect on Italy due to
the fact that it was led byto a strong reduction in domestic
demand. The economic situation is now slowly improving, due
to the launch of the Quantitative Easing programme by the
European Central Bank, the depreciation of the euro, and lower
oil prices. All factors that have boosted consumer spending and
domestic demand. Projected growth rates by the main
international financial institutions indicate a minor n increase
ofin GDP of about 0.6-0.7% in 2015 and of 1.1-1.4% in
2016(gov.uk), supported by an increase in exports and domestic
demand.
In terms of “ease of doing business”, Italy ranks 56th out
of 189 nations( World Bank’s ‘Doing Business Index’) for 2014
and lags behind the largest economies for Foreign Direct
Investment attractiveness. Despite this, “there are over 13,000
foreign businesses (800 of them are large companies) and FDI
reached a total value of US$ 403,746 million in 2013.” (gov.uk)
Foreign direct investment in Italy mainly stems from the United
States and other European countries (like the UK, a key trading
partner) but also is seeing a recent surge in investment from
Asian countries.

9. III. Walmart’s global strategic position
Walmart is the world’s largest retailer and intends to
exponentially enlarge its retail network through the expansion
of stores in the international market. In 2015 the company
invested (US)$3,936 million in its Walmart International
segment. It opened 183 new stores in international market
including 91 stores in Mexico, 29 stores in Central America, 24
stores in Chile, 17 stores in Africa, 16 stores in the UK, six
stores in China, five stores in Canada and one store each in
Argentina and Brazil. Additionally Walmart is expanding its
supercentres in Canada, thus expanding its multiple access
points for the Canadian consumers.
IV. Recommended penetration strategy
As we have seen, the economic situation in Italy is indeed
looking toward a hopeful future, but nonetheless is still
recovering from the recession. As a result, there is a “price
conscious” trend amongst consumers that is giving rise to the
popularity of private label products. Traditionally, Italian
culture has placed great value on food quality. This sentiment is
still just as prominent, but has now incorporated a more price
aware attitude. If Walmart can continue its own tradition of low
priced high quality goods in the food market, it will succeed
amongst Italians.
In addition, Italians also value fashion as seen with massive
fashion gatherings like the Milan Expo. With this newfound
appreciation of private label products and brands, Walmart can
expand their product line into the discount (but fashionable)
apparel section as well.
Walmart has a strong international presence elsewhere. Thus,
they ought to apply similar penetration strategies that have been
proven to work globally with a few customizations for Italy. All
strategies used should aim at capitalizing on the company’s
strengths, minimizing its weaknesses, capturing available
opportunities, and limiting threats. First, Walmart should
continue its use of slow entry into new markets as it did in

10. North America. Next, Walmart ought to utilize a penetration
model of joint venture just as they used in China and India. This
could include acquiring already established and well-known
retail outlets in Italy or partnering with them. Through these
partnerships, Walmart can gain a better understanding of local
values and norms.
Walmart should seriously consider penetrating the Italian
market because of the first mover advantage they could benefit
from. In Italy, there is no “one stop shop” for consumers retail
needs. If a consumer needs medicine or sunscreen, they must
stop at a farmacia. If they need food, they must go to a market.
If they need inexpensive clothes, they must go to a mall or open
air market. There is not a chain that provides all these goods in
one convenient location.
SOURCES:
http://www.eubusiness.com/europe/italy
https://www.cia.gov/library/publications/the-world-
factbook/geos/it.html
http://callisto.ggsrv.com/imgsrv/FastFetch/UBER1/309223_GD
RT35083FSA
https://en.santandertrade.com/establish-overseas/italy/foreign-
investment
http://electra.lmu.edu:2397/FileHandler.ashx?issue_id=7236176
56&mode=pdf
https://www.cia.gov/library/publications/the-world-
factbook/geos/it.html
http://www.doingbusiness.org/data/exploreeconomies/italy#payi
ng-taxes
http://electra.lmu.edu:2347/Intelligence/CWTopic?Type=text&C
ountryID=84&Topic=INFIN&Global=True
http://www3.ambest.com/ratings/cr/reports/Italy.pdf
https://www.gov.uk/government/publications/overseas-business-
risk-italy/overseas-business-risk-italy

11. Term Paper Instructions
The topic for the Term Paper is “The Future of Health Care.”
Students will write a 10-15 page paper according to the rubric
below.
Items to be considered:
- Key stakeholders that could shape the health care system in
the U.S.
- What is going to happen to the ACA?
- How would political ideologies affect the future?
- Would we be better with a single-payer system? Why or Why
not?
- What will the rest of the world’s health care be in the future?
- Emergence of new threats, epidemics, and technology
Component Requirement
Cover Page APA Cover Page (Title, Name, Date, Class,
Instructor).
Quality of Content
(Weighted value: 60%)
The paper is 10-15 pages in length, not including cover and
reference
pages. The paper will contain concise examinations of a specific

12. topic
relative to the course content. Papers should demonstrate a
synthesis
and integration of health care organization concepts correctly
and in
an innovative way.
Saint Leo Core Value
(Weighted value: 10%)
At least 250 words of the total length of the paper is devoted to
the
application of the Saint Leo core values of community and
integrity.
Technical Writing
(Weighted value: 20%)
Proper writing mechanics, paraphrasing, use of quotations,
proper
grammar, spelling, and transitions between subsections are
required.
Writing should be original, well-paraphrased, and properly
cited.
APA Paper Formatting
(Weighted value: 5%)
APA formatting is doubled-spaced, 1-inch margins, using
proper
headings and subheadings, with proper source citations on all
statistics, numbers, concepts, or graphics borrowed from
another
author.
Reference Quality

13. (Weighted value: 5%)
A minimum of five primary or quality secondary sources that
are
dated, by reliable authors, or organizations are required. Proper
references must include the author/organization, year published,
title,
and publication source as appropriate in APA. The reader
should be
able to easily find that primary source references used.
Please read the Academic Honesty policy; a plagiarized
document will result in a minimum
penalty of an “F” for the paper (zero points). Late submission
may cost up to a 5% deduction
of total points earned.