The Dominance of Walmart Can Be Attributed to Sam Walton's

question 104

Multiple Choice

The dominance of Walmart can be attributed to Sam Walton's realization that:

• A) most of any product's cost gets added after the item is produced.
• B) consumers desire great selection and are willing to pay higher prices to obtain that selection.
• C) most consumers prefer to complete all of their shopping in one store to minimize their overall shopping time.
• D) most consumers would prefer to shop in large stores rather than small stores as they believe that larger stores offer higher customer service.
• E) the company's primary focus should be on its profits.

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Definitions:

Informal Speech

A casual form of language that is used in everyday conversation, often characterized by slang, contractions, and colloquial expressions.

Eye Contact

A form of nonverbal communication involving a visual connection between two people, often indicating attention, interest, or engagement.

Tone Of Voice

The characteristic way an individual or organization communicates its personality, attitude, and values through written or spoken word.

Forming Stage

The initial phase of team development where members meet, form initial impressions, and begin to establish team norms.