Walmart Initially Used a Focused Cost-Leadership Strategy to Compete Only

question 71

Multiple Choice

Walmart initially used a focused cost-leadership strategy to compete only in small communities by using sophisticated logistics systems and efficient purchasing practices to gain a competitive advantage. The response of local competitors was _______ because they ______.

• A) rapid; were nimble and flexible
• B) slow; lacked the ability to marshal resources
• C) rapid; perceived gains from responding to Walmart's attack
• D) rapid; had the resources and flexibility compete against Walmart

Recognize effective collaboration strategies between leaders and group members.

Identify different roles leaders play within an organization.

Describe the intrinsic and external motivations that contribute to leadership effectiveness.

Understand the evolving paradigms and qualities of leadership and followership.

---

Definitions:

Influencer

An individual with the ability to affect the purchasing decisions of others due to their authority, knowledge, position, or relationship with their audience.

Gatekeeper

An individual or organization that controls access to something, such as information or resources, and has the power to influence decisions and flow of information.

Bluetooth Connectivity

A wireless technology standard used for exchanging data between fixed and mobile devices over short distances.

Value-Expressive

Refers to a function of attitudes where individuals express core values and beliefs through their preferences and behaviors.