Technological Change Is a Key Reason Why Wal-Mart Has Become

question 95

Multiple Choice

Technological change is a key reason why Wal-Mart has become one of the largest firms in the world. Which of the following is a change in technology implemented by Wal-Mart?

• A) Wal-Mart developed a supply chain that allows it to manage inventories efficiently.
• B) Instead of buying goods it sells from other companies, Wal-Mart makes many of these goods in its own factories.
• C) Wal-Mart employs hundreds of scientists and engineers who develop new cost-saving techniques.
• D) Wal-Mart hires managers from many of the top business schools in the United States.

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Definitions:

Chlorination

A chemical reaction where chlorine is added to another substance, often used in the synthesis of organic compounds and as a method for water disinfection.

Methane

A simple hydrocarbon with the formula CH4, representing the simplest alkane and the main component of natural gas.

Termination Reaction

A chemical reaction that halts the growth of a polymer chain by removing reactive intermediates, ending the polymerization process.

Photochemically Initiated

Describes a process or reaction that begins when light energy is absorbed by a chemical substance.