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Roman55 [17]
3 years ago
9

What business approach has enabled walmart to drive prices down and react to market conditions more quickly?

Business
2 answers:
MatroZZZ [7]3 years ago
8 0

Answer:

(C) Supply chain management system

Explanation:

This is the business approach that has enabled Walmart to drive prices down and react to market conditions more quickly. Walmart has been able to achieve this through supply chain management. This refers to the control of the flow of goods and services involved in production. This production usually refers to the whole process of transforming raw materials into final products. Producers who employ this strategy usually do so in order to gain a competitive advantage.

oee [108]3 years ago
3 0

Answer:

C) Supply chain management system

Explanation:

Supply Chain Management (SCM) includes all processes that transform raw materials into final products in order to maximize customer value and gain a competitive advantage in the marketplace. SCM covers everything from production to product development to the information systems needed for the best management.

The supply chain cycle of Wal-Mart includes procurement, manufacturing, distribution, retailing. As a retailer, Wal-Mart has to source its products from vendors domestically and globally, this creates a more effective supply chain that allows for lower prices.

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Kathy is 48 years of age and self-employed. During 2018 she reported $538,000 of revenues and $107,600 of expenses relating to h
Fynjy0 [20]

Answer:

Contribute to individual 401(k) = $61,000

Explanation:

Given:

Revenue = $538,000

Expenses = $107,600

Find:

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Computation:

Contribute to individual 401(k) = $55,000

Kathy is younger then 50 years so, She have t pay $6,000 more:

So,

Contribute to individual 401(k) = $55,000 + $6,000

Contribute to individual 401(k) = $61,000

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3 years ago
As new firms enter a competitive price-searcher market, profits of existing firms Group of answer choices rise and product diver
spin [16.1K]

Answer:

decline and product diversity in the market increases.

Explanation:

Competitive price searcher markets are those that have little barriers of entry for new firms.

Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.

In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.

Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share

6 0
3 years ago
What role does budget play and why exhibiting responsible money management behavior is important to reaching future financial go
larisa [96]

Answer:

Some entities will follow a top-down mandatedapproach to budgeting. These budgets will begin with upper-level management establishing parameters under which the budget is to be prepared. These parameters can be general or specific. They can cover sales goals, expenditure levels, guidelines for compensation, and more. Lower-level personnel have very little input in setting the overall goals of the organization.

Explanation:

7 0
3 years ago
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</span>In this stage the companies are focused on maintaining their market share in the face of a number of different challenges.
7 0
3 years ago
As a result of the tax, the price received by producers , and . as a result of the tax, the price paid by consumers , and total
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This is false because consumer surplus declines because of the increase in price and reduction in quantity.

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3 years ago
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