Aldi Is a No-Frills Grocery Chain

question 87

Multiple Choice

Aldi is a no-frills grocery chain.It sells grocery staples right out of crates and boxes.By controlling expenses, Aldi customers can expect to save 30 to 50 percent compared to Kroger customers.The supermarket chain's emphasis on maintaining its cost competitive advantage means the company's top management is often concentrating on its _____ strategy.

• A)place
• B)promotion
• C)pricing
• D)possession
• E)production

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Definitions:

Individualized Consideration

An aspect of leadership where a leader attends to the needs of each follower, acting as a mentor or coach and listening to their concerns and needs.

Charisma

A compelling attractiveness or charm that can inspire devotion in others, often seen as a characteristic of leaders.

Charisma

A personal quality that gives an individual influence or authority over large numbers of people.

Transformational Leadership

A leadership approach where the leader collaborates with teams to pinpoint necessary changes, develops a vision to steer the change through motivation, and implements the change alongside dedicated group members.