How Did Target,in the U

question 31

Multiple Choice

How did Target,in the U.S.,become a major competitor in the discount retailer area?

• A) They developed the EDLP strategy.
• B) They utilize promotions unlike Walmart.
• C) Target researched and reacted to consumer trends by offering stylish merchandise, at low prices, that is unavailable elsewhere.
• D) Target targets the stay-at-home-mom segment of the population.
• E) All answers provided are correct.

---

Definitions:

Bonds Payable

Long-term liabilities representing money owed by an entity to bondholders, to be repaid at a specified maturity date with interest.

Straight Line Amortization

A method of evenly spreading the cost of an asset over its useful life for accounting and tax purposes.

Straight Line Amortization

A technique for uniformly distributing the expense of an intangible asset across its lifespan.

Voting Shares

Securities affording the owner the ability to vote on important company decisions, including who gets elected to the board.