Walmart is well-known for following the ______ strategy.
A) cost leader
B) price leader
C) broad differentiation
D) niche based on differentiation

Question

Quizplus · Accepted Answer

Walmart follows the cost leader strategy, which means offering the lowest prices possible to gain a competitive advantage. They achieve this by minimizing costs in their supply chain and operations, which allows them to pass on lower prices to customers.

Walmart Is Well-Known for Following the ______ Strategy