Walmart is an example of a firm that follows a strategy of ________.
A) product differentiation
B) flexible automation
C) brand personality
D) cost leadership

Question

Quizplus · Accepted Answer

Walmart is known for its cost leadership strategy where it aims to provide goods and services at a lower cost than its competitors while maintaining quality. This is evident in their everyday low pricing (EDLP) strategy and efficient supply chain management.

Walmart Is an Example of a Firm That Follows a Strategy