Multiple Choice
In retailing,the cost advantages of large retail chains (such as Wal-Mart in the US,Tesco in Britain,Metro in Germany,and Carrefour in France) is primarily the result of:
A) Scale economies in operating large individual retail units
B) Lower costs of bought-in products as a result of superior bargaining power
C) Higher capacity utilization in retailing and distribution
D) Using superior bargaining power to pay lower wage rates.
Correct Answer:
Verified
Correct Answer:
Verified
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