Despite Being the World's Largest Retailer, Walmart Did Not Succeed

question 46

Multiple Choice

Despite being the world's largest retailer, Walmart did not succeed in Germany. German customers were not accustomed to greeters at store entries, could find lower prices on groceries in local stores, and the employment of grocery baggers was unappealing to German's who were used to self-service formats. Walmart failed to fully understand the international _________ environment.

• A) economic
• B) political-legal
• C) competitive
• D) technological

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Definitions:

Financing Activities

Transactions involving external sources of funding for a company, including debt, equity, and dividend payments.

Operating Activities

These are the core activities that a business performs to generate revenue, such as production, distribution, marketing, and sales.

Indirect Method

The indirect method is an accounting practice used in cash flow statements where net income is adjusted for non-cash transactions and changes in working capital to calculate cash flow from operating activities.

Cash Flows

The aggregate value of cash inflows and outflows within a corporation, significantly influencing its cash on hand.