Wal-Mart Wal-Mart, the World's Largest Retailer by Revenue, Announced That It

question 125

Multiple Choice

Wal-Mart
Wal-Mart, the world's largest retailer by revenue, announced that it will get back to its founder's roots by initiating more price cuts. Critics claimed that the giant was getting away from its original focus because it posted relatively high gross profit margins. CEO Mike Duke assuaged critics by saying Wal-Mart's $400 billion in sales will become even larger because the price cuts will attract more customers and it will lower its costs of goods sold.
-Refer to Wal-Mart. In terms of ownership,Wal-Mart would be classified as a(n) :

• A) independent retailer
• B) chain store
• C) franchise
• D) discount store
• E) department store

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Definitions:

Explosions

Explosions are rapid expansions of matter resulting in a quick release of energy, often accompanied by the production of heat, light, sound, and shock waves.

Oxygen Source

An entity or process that produces or supplies oxygen, necessary for the survival of most life forms on Earth.

Air

A mixture of gases that constitute the Earth's atmosphere, primarily composed of nitrogen, oxygen, argon, and carbon dioxide.

Unbalanced Reaction

A chemical equation where the number of atoms for each element is not the same on both sides of the equation.