Wal -Mart's Main Strategy Is

question 91

Multiple Choice

Wal -Mart's main strategy is

• A)to pursue a strategy that focuses on partnering with other retailers.
• B)to focus on being a "high tech" retailer.
• C)to focus on a specific niche market.
• D)to focus on being a low price retailer.
• E)to pursue a product differentiation strategy.

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Definitions:

Concept

A general idea derived from specific instances that helps to categorize and interpret information.

Category

A class or division of people or things regarded as having particular shared characteristics.

Script

A sequence of behaviors, roles, and norms that are expected in a particular context or situation.

Restaurant Script

A restaurant script is a sequence of expected behaviors, actions, and procedures that individuals follow in the context of dining in a restaurant, based on societal norms and personal experiences.