Walmart's Attempt to Increase Its Online Presence Is an Example

question 7

Multiple Choice

Walmart's attempt to increase its online presence is an example of a firm using information systems to:

• A)strengthen ties to its customers.
• B)simplify the industry value chain.
• C)develop synergies.
• D)focus on market niche.
• E)achieve low-cost leadership.

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Definitions:

Telecommunications Industry

A sector that facilitates communication over significant distances via telephone, internet, cable, and broadcasting.

Index Of Leading Indicators

A composite statistic of variables that are considered to predict future economic activity, helping analysts and policymakers gauge the economy's direction.

Inventory Cycle Theory

A theory explaining the fluctuations in inventory levels and production rates within firms, based on changes in sales forecasts and supply chain efficiencies.

Recession Of 2001

A period of economic decline observed in the United States from March to November 2001, marked by high unemployment and the bursting of the dot-com bubble.