Jimmy's Hardware,an independent local retailer,is losing business to Walmart.This is most likely because he cannot match Walmart's pricing strategy of .
A)value- added pricing
B)skimming pricing
C)EDLP
D)EFGF
E)fixed prices

Question

Quizplus · Accepted Answer

Walmart's pricing strategy is EDLP (Everyday Low Prices), which means they offer consistently lower prices than their competitors. Jimmy's Hardware may not be able to match these prices due to the costs of running a smaller, independent business.

Jimmy's Hardware,an Independent Local Retailer,is Losing Business to Walmart