Walmart Realizes a _____ Using Its Relationships with Suppliers to Give

question 126

Multiple Choice

Walmart realizes a _____ using its relationships with suppliers to give customers low prices and good customer service.

• A) brand name strategy
• B) niche competitive advantage
• C) cost competitive advantage
• D) marketing competitive advantage
• E) synergistic competitive advantage

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Definitions:

Net Exports

The value of a country's exports minus its imports; a positive number indicates a trade surplus, while a negative one indicates a trade deficit.

Trade Surplus

A situation in which a country's exports exceed its imports.

Exports

Goods or services sent from one country to another for sale or trade.

Imports

goods or services brought into one country from another for sale, often influencing the domestic market's supply and price levels.