Wal-Mart Built the Base of Its Retailing Market Power in Small

question 28

Multiple Choice

Wal-Mart built the base of its retailing market power in small cities and towns. In most of those towns, the size of marketplace is so small that only one large retailer can successfully exist. This is known as:

• A) adverse selection.
• B) first-mover advantage.
• C) secure strategy.
• D) extension form.

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Definitions:

Environmental Influences

External factors or conditions that affect the growth, development, behavior, and survival of organisms, including both natural and human-made elements.

Amniocentesis

A procedure for drawing and examining fetal cells sloughed off into amniotic fluid to determine the presence of various disorders.

Blastocyst

A stage within the germinal period of prenatal development in which the zygote has the form of a sphere of cells surrounding a cavity of fluid.

Nourishment

The substances necessary for growth, health, and good condition, often gained through the consumption of food and drink.