Which of the Following Is TRUE of Walmart

question 105

Multiple Choice

Which of the following is TRUE of Walmart?

• A) Walmart has an unusual amount of flexibility for a large firm.
• B) Walmart's success is largely due to the fact it has little market commonality with other industry firms.
• C) Decision-making responsibility is centered at its Arkansas headquarters, which allows the firm to respond quickly to competitive attacks.
• D) Walmart's advantage lies in its ability to "think big."

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Definitions:

HR Supply

The source of human capital to meet demand requirements, obtained either internally (current members of the organization's workforce) or from external agencies.

Human Resources

The department of a business or organization that deals with the hiring, administration, and training of personnel.

Firm Strategy

Firm strategy is a company’s plan to achieve its objectives and gain competitive advantage, guiding decisions on products, services, markets, and resources.

Environmental Scanning

The process of gathering, analyzing, and interpreting information about external factors that can affect an organization's future.