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

question 38

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. Many Wal-Mart stores have a full line of groceries and general merchandise with a wide range of services,such as a pharmacy,portrait studio,optical shop,and bank. Wal-Mart is an example of which type of discount store?

• A) hypermarket
• B) specialty discount store
• C) extreme-value retailer
• D) supercenter
• E) category killer

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Definitions:

Gray Matter

Nervous tissue in the brain and spinal cord that contains cell bodies, dendrites, and unmyelinated axons. Compare with white matter

White Matter

Nervous tissue in the brain and spinal cord that contains myelinated axons. Compare with gray matter.

Myelinated Axons

Myelinated Axons are nerve fibers covered by a myelin sheath, which insulates the axon and increases the speed of nerve impulse transmission, crucial for efficient functioning of the nervous system.

Unmyelinated Axons

Unmyelinated Axons are nerve fibers that lack a myelin sheath, resulting in slower transmission of nerve impulses compared to myelinated axons, commonly found in the autonomic nervous system.