Walmart's Attempts to Increase Its Online Presence Is an Example

question 16

Multiple Choice

Walmart's attempts to increase its online presence is an example of a firm using information systems to

• A)strengthen ties to its customers.
• B)simplify the industry value chain.
• C)develop synergies.
• D)focus on market niche.
• E)achieve low-cost leadership.

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Definitions:

Hardwired Heuristics

Innate or instinctual mental shortcuts that individuals use for making decisions or solving problems, often without conscious reasoning.

Behavioral Changes

Modifications or transformations in human actions or conduct, often resulting from individual choices or societal influences.

Detrimental Behavior

Actions or habits that are harmful or damaging, particularly in the context of economic, social, or health outcomes.

System 2 Decision

A decision-making process that involves analytical and thoughtful consideration, as opposed to quick, automatic thinking.