Walmart's Automatic Replenishment System, Which Enables the Company to Reduce

question 29

Multiple Choice

Walmart's automatic replenishment system, which enables the company to reduce inventory storage requirements, is an example of which strategy for competitive advantage?

• A) cost leadership
• B) differentiation
• C) innovation
• D) operational effectiveness
• E) customer-orientation

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Definitions:

Disseminating Information

The process of spreading or distributing information and knowledge to a wide audience.

Changing Lifestyle

The process of altering one's habits, routines, and environment in order to improve health, well-being, or quality of life.

Health Promotion

The process of enabling people to increase control over, and to improve, their health, through lifestyle changes and environmental improvements.

Educating Patients

The process of providing patients with information, skills, and understanding necessary to manage their health and make informed decisions about their care.