Wal-Mart Has Recently Opened a Store in Alsatia, Missouri

question 11

True/False

Wal-Mart has recently opened a store in Alsatia, Missouri. Several local small retailers have decided that choosing not to respond to Wal-Mart's competitive actions is a viable long-term option, because although the companies have high market commonality they have little resource similarity. These small retailers are correct in their decision.

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Definitions:

Charitable Contributions

Monetary or in-kind donations given to nonprofit organizations by individuals, corporations, or foundations.

Sustainable, Long-Term Growth

Economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Worthy Cause

A socially beneficial project or charity that people consider deserving of support, attention, or donation.

Marketing Efforts

Activities and strategies employed by companies to promote and sell their products or services.