Walmart Has an Aggressive Pricing Structure That Has Forced Smaller,local

question 34

Multiple Choice

Walmart has an aggressive pricing structure that has forced smaller,local retailers out of business in many markets.Local cities responded with regulations that make it difficult for Walmart to move into or expand operations in these areas.This is an example of

• A) competitive aggressiveness not always leading to competitive advantages.
• B) community regulations not leading to competitive advantages.
• C) competitive aggressiveness always leading to competitive advantages.
• D) community regulations diminishing small business choices.

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Definitions:

MRP

A system known as Material Requirements Planning calculates the necessary components and materials for manufacturing a product.

DRP

Disaster Recovery Plan; a strategy for business continuity that focuses on recovering IT infrastructure and systems after a disaster.

Enterprise Resource Planning

A software system that allows an organization to manage and integrate important parts of its business.

Part-Period Algorithm

A decision rule used in inventory management to determine the optimal time and quantity for reordering inventory.