Which U.S. company is the best example of using globalization to reduce the price of its products?
A) K-Mart.
B) Toys R Us.
C) Walmart.
D) Macy's.

Question

Quizplus · Accepted Answer

Walmart is the best example of using globalization to reduce the price of its products. The company has a vast international supply chain and sources products from low-cost countries like China, India, and Bangladesh. This allows Walmart to reduce its production costs and offer low-priced products to its customers. Additionally, the company's efficient distribution system and economies of scale enable it to keep its prices low. As a result, Walmart has become one of the largest retailers in the world, with a reputation for offering customers affordable prices.

Which US Company Is the Best Example of Using Globalization to to Reduce