Wal-Mart Decides to Sell the Same Jeans in All Its

question 63

Multiple Choice

Wal-Mart decides to sell the same jeans in all its retail locations throughout the world.Which of the following is a benefit of this decision to standardize this product line?

• A)Lower costs of manufacturing due to economies of scale
• B)Decreased product costs due to varying local inputs
• C)Greater sales revenues attained by responding to local cultural preferences
• D)All of the above

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Definitions:

Causal Relationships

The connection between two variables where one variable is found to directly influence or cause an effect on another.

Randomly Assign

The procedure of dispersing subjects into different groups in a study through a process that relies on random chance to ensure each participant has an equal opportunity to be assigned to any given group.

Experimental Field Studies

Research conducted in natural settings where variables are manipulated to observe their effects on real-life behavior.

Generalizability

The extent to which the results of a study can be applied or extended to other settings or groups.