Question: What is true about the relation between Wal - mart and two other groceries, Harris Teeters and Lowes ( HT&L ) ? Group of answer

What is true about the relation between Wal-mart and two other groceries, Harris Teeters and Lowes (HT&L)?
Group of answer choices
cost-floor differences made it difficult for HT&L to reduce their prices
In response to Wal-Marts entry HT&L created a new strategy that took advantage of economies of scale.
HT&L store design and products created value for cost-effective customers
All are true.
All are false.

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