The US-Based Company Walmart, the World's Largest Retailer, Has Successfully Launched

question 136

Multiple Choice

The U.S.-based company Walmart, the world's largest retailer, has successfully launched its stores in Mexico, Canada, the U.K., and Germany, and other nations. This is an example of how Walmart is pursuing ________ as a growth strategy.

• A)market penetration
• B)product development
• C)downsizing
• D)market development
• E)diversification

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Definitions:

Reportable Segments

Refers to components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance.

AASB 8 Operating Segments

A standard that requires an entity to disclose information about its operating segments, products and services, the geographical areas in which it operates, and its major customers.