All of the following are correct with respect to the Chapter 5 Strategic Focus about the competitive battles between Wal-Mart and the other big box retailers EXCEPT
A) The only way that competitors can survive against Wal-Mart is to add differentiated products.
B) When Wal-Mart enters a new market, competitors experience declines in sales.
C) The 2008-2009 global recession attracted more customers to Wal-Mart and away from Target and Carrefour.
D) In the recent recession, Target, Carrefour, and Wal-Mart experienced reductions in sales.

Question

Quizplus · Accepted Answer

This statement is not correct with respect to the Chapter 5 Strategic Focus about the competitive battles between Wal-Mart and the other big box retailers, as it states that all three retailers experienced reductions in sales during the recent recession, which is not true. While Target and Carrefour did experience declines in sales, Wal-Mart actually attracted more customers during this time.

All of the Following Are Correct with Respect to the Chapter