After the city of Washington, D.C announced it was raising the minimum wage to $12.50 per hour, WalMart halted construction of a supercenter there, despite having already invested years in negotiations with the City and tens of thousands of dollars in construction. The top managers at WalMart remembered the importance of ________.
A) knowing when to call it quits
B) understanding cultural differences
C) building relationships
D) creating standards for good decision-making

Question

Quizplus · Accepted Answer

WalMart's decision to halt construction of a supercenter in Washington, D.C after the minimum wage was raised demonstrates their recognition of when to call it quits, as it was no longer economically viable for them to continue investing in the project.

After the City of Washington, D