Wal-Mart Wal-Mart, the World's Largest Retailer by Revenue, Announced That It

question 125

Multiple Choice

Wal-Mart
Wal-Mart, the world's largest retailer by revenue, announced that it will get back to its founder's roots by initiating more price cuts. Critics claimed that the giant was getting away from its original focus because it posted relatively high gross profit margins. CEO Mike Duke assuaged critics by saying Wal-Mart's $400 billion in sales will become even larger because the price cuts will attract more customers and it will lower its costs of goods sold.
-Refer to Wal-Mart. In terms of ownership,Wal-Mart would be classified as a(n) :

• A) independent retailer
• B) chain store
• C) franchise
• D) discount store
• E) department store

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Definitions:

Inferior Colliculus

A part of the brainstem involved in auditory processing, responsible for receiving sound signals from the ear.

Neural Plate

The early embryonic structure that develops into the central nervous system, including the brain and spinal cord.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, controlling most functions of the body and mind.

Embryonic Structure

An anatomical part or system that is in the early stages of development within an embryo.