Asked by Angelica Ibarra on May 10, 2024
Verified
Walmart's strategy is _________.
A) cost leader
B) customer oriented
C) differentiation
D) innovation
Cost Leader
A strategy where a company becomes the most competitive in the market by having the lowest operating costs.
Walmart
A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, known for its scale and efficiency.
Strategy
A plan of action designed to achieve a long-term or overall aim.
- Understand the tactics that organizations can implement to secure a competitive advantage, encompassing cost leadership, differentiation, and innovation.
Verified Answer
ZZ
Zeinab Zeinab Walid Adly mohamed KhalilMay 13, 2024
Final Answer :
A
Explanation :
Walmart's strategy is primarily focused on being a cost leader, aiming to provide customers with low prices on a wide variety of goods.
Learning Objectives
- Understand the tactics that organizations can implement to secure a competitive advantage, encompassing cost leadership, differentiation, and innovation.