Tesco PLC's entry into the US market is causing Walmart to
A) panic.
B) find new ways to provide value to customers.
C) close stores that are located near Tesco stores.
D) look for expansion opportunities in Europe.

Question

Quizplus · Accepted Answer

Walmart is likely to respond to Tesco's entry into the US market by finding new ways to provide value to customers. This is a common strategy adopted by established players in response to new competition in the market. Panic and store closures are unlikely to be the first responses of a company as large and established as Walmart. Expanding into Europe may be a consideration in the long-term strategy, but it is not a direct response to Tesco's entry into the US market.

Tesco PLC's Entry into the US Market Is Causing Walmart