Super King Groceries Is in Competition with Some of the Larger

question 88

Multiple Choice

Super King Groceries is in competition with some of the larger chain stores in the area and offers services not provided by its competitors (e.g., car service, curb service, delivery service) . Because Super King is not as large as some retailers, prices are moderately higher. Why does this not seem to hurt the store's business?

• A) because Super King's products are marketed better
• B) because Super King's customers receive value not provided by the other stores
• C) because Super King has richer customers
• D) because customers just don't like the competitors' products or the poor service from their employees

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Definitions:

Organizational Culture

The collection of values, expectations, and practices that guide and inform the action of all team members within an organization.

Corporate Level

Pertains to the highest level of strategic decision-making in a company, encompassing actions and plans that affect the overall organization.

Stakeholders

Individuals or groups that have an interest, claim, or stake in a company, outcome, or project.

Functional Level

The operational layer in an organization that focuses on specific business functions such as marketing, finance, or production.