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Walmart (Day 1) Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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How would you characterize the industry structure of discount retailing? : - low margins, bare bones, self service How favorable is the structure of this industry? Explain. : Favorable - Can operate on a bare bones level, customer self service as they are more informed. No need to to invest in a high quality atmosphere - Do not need to spend on employee training (can pay lower wages) Identify Walmart's early strategy and explain how/why it enabled Wal-Mart to be so successful in discount retailing : Walmart Strategy - target areas of low competitio
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Walmart A
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Walmart A
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