To Respond to a Competitive Discount Environment,Walmart Is Fighting Back

question 50

Multiple Choice

To respond to a competitive discount environment,Walmart is fighting back by __.

• A)opening supercenters while closing full-line discount stores
• B)focusing on promotional temporary sales
• C)increasing assortments
• D)offering better customer service on the floor
• E)reducing prices below wholesale

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Definitions:

Particular Purpose

A specific objective or intended use for which something is designated or implemented.

Implied Warranty of Merchantability

A legal assumption that the goods sold meet certain quality standards, including that they are reasonably fit for their ordinary purpose.

Express Warranty

An explicit promise or assurance made by a seller about the condition, functionality, or quality of a product.

Sales Transaction

The process of exchanging a good or service for payment between a buyer and a seller.