Carrefour Has Been More Successful Than Walmart in Europe, Whereas

question 21

Multiple Choice

Carrefour has been more successful than Walmart in Europe, whereas Walmart has been more successful than Carrefour in the United States.What is the most likely reason for these results?

• A)first-mover advantages
• B)nationalistic preferences of consumers
• C)lack of knowing how to adapt products
• D)increased exporting fees and transportation costs

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Definitions:

Food and Drug Administration

A federal agency of the United States responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter pharmaceutical drugs, vaccines, biopharmaceuticals, blood transfusions, medical devices, electromagnetic radiation emitting devices, cosmetics, animal foods & feed, and veterinary products.

Jurisdiction

The official power to make legal decisions and judgments, often referring to the geographic area or range of subjects to which this authority applies.

Industrial Regulation

Policies and laws designed to control the activities and standards of industries to protect consumers, workers, and the environment.

Federal Communications Commission

A federal agency in the United States charged with overseeing communications across state lines and internationally, including those via radio, TV, wire, satellite, and cable.