Through its cutting-edge point-of-sale inventory management technology and highly efficient shipping practices,Wal-Mart is able to keep its inventory expenditure extremely low and to pass these savings on to consumers in the form of low prices.Wal-Mart's strategy is best described as ________.
A) a focused approach
B) integrative growth
C) differentiation
D) market development
E) overall cost leadership

Question

Quizplus · Accepted Answer

Wal-Mart's strategy is focused on achieving overall cost leadership by using its cutting-edge point-of-sale inventory management technology and highly efficient shipping practices to keep inventory expenditure low and pass savings on to consumers in the form of low prices.

Through Its Cutting-Edge Point-Of-Sale Inventory Management Technology and Highly Efficient