In the Chapter 4 Strategic Focus, Walmart Made Changes to Attract

question 25

Multiple Choice

In the Chapter 4 Strategic Focus, Walmart made changes to attract upscale customers. These changes had which of the following results?

• A) It strengthened Walmart's position against rivals such as Dollar Stores and Amazon.
• B) It made Walmart vulnerable to Dollar Store and Amazon.
• C) It attracted significant numbers of new customers.
• D) Family Dollar, Dollar Tree, and Dollar General all experienced losses in sales as many of their customers went to Walmart.

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Definitions:

Principal

The original sum of money borrowed in a loan or invested, excluding any interest or dividends.

Federal Estate

The estate of a deceased person that is subject to Federal estate taxes, which are taxes imposed on the transfer of the decedent's assets.

Abatement

The reduction, decrease, or relief from severity, intensity, or intensity of something, often used in the context of tax, rent, or environmental hazards.