What Type of Behaviour Do Walmart Stores Exhibit by Contributing

question 112

Multiple Choice

What type of behaviour do Walmart stores exhibit by contributing to local scholarships and community programs?

• A) relationship marketing
• B) social responsibility
• C) green marketing
• D) one-to-one marketing

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Definitions:

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Consumer Surplus

The gap between what consumers are prepared and can afford to pay for a product or service versus what they end up paying.

Deadweight Loss

The loss of economic efficiency when the equilibrium outcome is not achievable or not achieved in a market.

Sales Tax

A tax imposed by a government on sales of goods and services, typically calculated as a percentage of the sale price.