Complete/Correct Question:
Walmart began offering low-priced extended warranties on home electronics after learning that its rivals such as Best Buy derived most of their profits from extended warranties. According to the Stalk and Lachenauer book, this is an example of the strategy to
A) plagiarize with pride.
B) deceive the competition.
C) devastate rivals profit sanctuaries.
D) unleash massive and overwhelming force
Answer:
c, devastate rivals profit sanctuaries
Explanation:
For Walmart to start making as much or more profits than its rival, Best Buy, it decided to head in the same direction as Best Buy by offering low-priced extended warranties on home electronics.
This action simply means that Walmart has infiltrated the profit strategy system of Best Buy and is using that a a competitive edge to also increase customer base as people will prefer to go Walmart as it has become cheaper.
Devastating rivals profit sanctuaries therefore means targeting the area or strategy of rivals to make more profit.
Cheers.
its like keeping the funds private and makeing sure no one knows alot about it
Answer:
Charging Sales tax
Explanation:
Merchandising business is the kind of business, that buys or purchases the finished products and then resells them to the customers.
So, the merchandising business could act as a collection agency for the government through charging the sales tax. There is need to remit the government after collecting the tax and when it is done, the business will decrease the cash and the sales tax liability.
And it is the lability to the government until it is remitted by the business.
