When the Management of a Large Grocery Store Heard That

question 144

Multiple Choice

When the management of a large grocery store heard that Super Wal-Mart might be coming to town, they developed alternative courses of action they could take if their competitive landscape changed.What type of plan did they develop?

• A) strategic
• B) objective
• C) contingency
• D) tactical
• E) operational

---

Definitions:

Crash Of 1929

The severe plunge in stock market prices that initiated the Great Depression, beginning in late October 1929.

Forced Savings

A policy or situation where people are required to save a portion of their income, either through government policies or economic conditions.

Temporary Assistance

Temporary Assistance often refers to government-provided financial aid or welfare programs aimed at helping those in immediate financial need on a short-term basis.

Food Stamps

A government-provided voucher program, now commonly known as the Supplemental Nutrition Assistance Program (SNAP), designed to help low-income individuals and families afford food.