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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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Answer:

True

Explanation:

This is probably one of the greatest issues that cartels around the world face, since their agreements are difficult to maintain because it is very difficult to control the price and output policies of its members.

Even the largest cartel in the world, the Organization of the Petroleum Exporting Countries (OPEC), has problems when it comes to monitoring the petroleum output of its members. When some countries need more money they just increase their petroleum production even if the rest of the cartel doesn't agree with it.

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What can be a benefit of using interviews to select employees to hire
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To make sure they have experience and know what they are doing

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3 years ago
Why are developing countries experiensing rapid population growth while developed countries are growing slowly or not at all?​
Mekhanik [1.2K]

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Population growth in developing countries will be greater due to lack of education for girls and women, and the lack of information and access to birth control.

Carry learning!

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4 0
2 years ago
Your financial analyst calculated the following ratios for three companies: Boeing Microsoft PG&E Cash ratio 0.15 0.1 0.1 Cu
MaRussiya [10]

Answer: Not necessarily: The debt ratios are not directly comparable, since each company is in a different industry.

Explanation:

We cannot authoritatively state that even though Boeing has such a high debt rate, that it is a riskier company than either Microsoft or PG&E. This is due to the drawback in ratio analysis of bias if compared across different industries.

Ratio analysis best works when comparing companies in the same industry because their situations will be similar. Comparing across industries can be misleading because different industries operate in different ways. In the Airplane manufacturing business for instance, having a high amount of debt due to having the tangible assets to back it up might be a normal thing.

The debt ratios are therefore not directly comparable because each company is in a different industry.

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