Wal-Mart Has Its Own Fleet of Trucks and Works Directly

question 41

Multiple Choice

Wal-Mart has its own fleet of trucks and works directly with producers to take care of the ordering,delivery,and handling of goods.In addition,Wal-Mart works directly with suppliers through its advanced system of inventory control and data processing.Wal-Mart is

• A) able to eliminate many of the functions typically performed by wholesalers.
• B) performing many of the critical functions of wholesalers through its own system.
• C) successfully using wholesalers to run its venerable chain of discount stores.
• D) using information technology to eliminate the need to perform typical wholesale functions.
• E) vertically integrated in order to produce and distribute all products itself.

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Definitions:

Global Inequality

The unequal distribution of resources, wealth, and opportunities across different countries and populations worldwide.

Rigid Hierarchy

A strictly enforced system where positions and roles are clearly ranked, often with little flexibility for movement between levels.

Global Inequality

The unequal distribution of resources and opportunities between countries or regions around the world, often measured by income, wealth, or access to services.

International Differences

The variations or disparities between countries and cultures, covering aspects such as legal systems, social norms, economic policies, and cultural practices.