Distribution and Inventory Management Are Two Capabilities That Walmart Emphasizes

question 54

Multiple Choice

Distribution and inventory management are two capabilities that Walmart emphasizes and performs especially well in pursuit of its vision. For Walmart, distribution and inventory management are considered to be

• A) weaknesses
• B) core competencies
• C) intangible resources
• D) human resource practices

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Definitions:

Acceptable Prices

Prices that consumers feel are fair for products or services, and are willing to pay.

Total Revenues

The overall amount of money received by a firm from sales of its products or services, before any costs are deducted.

Equilibrium Point

The condition in a market where the supply of goods matches demand, leading to a stable price and quantity for the good or service.

S And D Curves

In economics, the supply and demand curves which graphically represent the relationship between the quantity of goods that producers are willing to sell and consumers are willing to buy at different price levels.