Question: When walmart locates in a smaller town, often the local retailers hardware, clothing and appliance are unable to successfully compete and are driver out of
When walmart locates in a smaller town, often the local retailers hardware, clothing and appliance are unable to successfully compete and are driver out of business why does walmart have a cost advantage over its competitor and charge lower prices?
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Walmarts ability to have a cost advantage and charge lower prices compared to local retailers can be attributed to several key factors Step 1 Economie... View full answer
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