Which of the Following Statements Best Explains Why Walmart Is

question 64

Multiple Choice

Which of the following statements best explains why Walmart is finding it difficult to replicate its existing business model in India?

• A) Because of the political differences between India and U.S.
• B) Because NAFTA prohibits Walmart from investing in countries outside North America
• C) Because of the large economic distance between U.S. and India
• D) Because Walmart's low-cost strategy has not been accepted by Indian consumers

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Definitions:

S&P/TSX Composite Index

A stock market index in Canada that measures the performance of the largest companies on the Toronto Stock Exchange (TSX).

Trade Discount

A reduction in the retail price of goods or services offered by sellers to buyers in the same trade or industry, typically based on volume or trade status.

Personal Computers

Stand-alone computers designed for individual use, capable of running general-purpose applications and accessing the internet.

Retailer

An entity that buys goods in large quantities from manufacturers or distributors and sells them to consumers in smaller quantities.