Walmart Purchased Online Retailer Jet

question 208

Multiple Choice

Walmart purchased online retailer Jet.com for $3.3 billion to complement its existing e-commerce offering and offer lower prices and a broader assortment of products to customers who shop for bargains online in response to customers'

• A) changing values.
• B) changing population composition.
• C) changing demographics.
• D) changing regulatory forces.
• E) changing ethnic composition.

---

Definitions:

Functional Development

The process concerned with the growth and enhancement of the functions and capabilities of an individual, organization, or system.

Competing Firms

Businesses that are in the same industry and market vying for the same customers and resources.

Inoculation

A psychological technique aimed at protecting individuals from persuasion or influence by exposing them to a small dose of the argument against their beliefs.

Disappointment

The feeling of sadness or displeasure caused by the non-fulfillment of one's hopes or expectations.