Walmart relies on sound relationships with its low-cost suppliers in order to pass low prices on to consumers. Thus, forming a ________ is crucial to Walmart's success.
A)value delivery network
B)growth-share matrix
C)customer relationship management policy
D)market concept philosophy
E)diversification strategy

Question

Quizplus · Accepted Answer

A value delivery network refers to a network of suppliers, distributors, and customers who work together to deliver value to customers. Walmart relies on a network of low-cost suppliers to keep its prices low, which is crucial to its success in attracting and retaining customers. Thus, forming a strong value delivery network is essential for Walmart to maintain its competitive advantage in the market.

Walmart Relies on Sound Relationships with Its Low-Cost Suppliers in Order