One of the Key Factors in the Success of Walmart

question 51

True/False

One of the key factors in the success of Walmart is the buying power gained by dealing directly with manufacturers.

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Definitions:

Cultural Differences

Variations in the norms, values, beliefs, and practices between different groups, societies, or nations.

NAFTA

The North American Free Trade Agreement, a treaty among the United States, Canada, and Mexico that established a trilateral trade bloc in North America.

Canada

A country located in North America, known for its vast landscapes, multicultural population, and as a member of the G7, indicating its highly developed economy.

Mexico

A country located in the southern part of North America, known for its rich cultural heritage, history, and diverse landscapes.