Wal-Mart uses a ________ strategy to achieve a competitive advantage.
A) market penetration
B) low-cost business-level
C) diversification
D) differentiation

Question

Quizplus · Accepted Answer

Wal-Mart's low-cost business-level strategy focuses on offering products at a lower cost than competitors while still maintaining an acceptable level of quality. This helps them attract price-conscious customers and achieve a competitive advantage.

Wal-Mart Uses a ________ Strategy to Achieve a Competitive Advantage