Walmart's Automatic Replenishment System, Which Enables the Company to Reduce

question 29

Multiple Choice

Walmart's automatic replenishment system, which enables the company to reduce inventory storage requirements, is an example of which strategy for competitive advantage?

• A) cost leadership
• B) differentiation
• C) innovation
• D) operational effectiveness
• E) customer-orientation

---

Definitions:

Strategic Plans

Detailed documents that outline an organization's goals, strategies for achieving them, and the resources required.

Develop Vision

A strategic process of setting the future direction and goals of an organization or project.

Customer Needs

The recognized necessities, desires, or preferences of consumers that a company aims to fulfill with its products or services.

Corporate Philanthropy

The act of a corporation donating resources, including money, time, or products, to non-profit organizations or causes for the social good.