Business, 25.03.2020 20:41 hehefjf8610

When it became apparent that the drawing power to a particular Walmart store was very strong, because every day there would be long lines and empty shelves despite all cashier lanes open and plenty of stockers, Walmart opened another store within 10 miles of that store to try and reduce the amount

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Answer from: imamador6396

Cannibalization

Explanation:

The question is obviously not complete, however, the complete question is:

"When it became apparent that the drawing power to a particular Walmart store was very strong, because every day there would be long lines and empty shelves despite all cashier lanes open and plenty of stockers, Walmart opened another store within 10 miles of that store to try and reduce the amount of business at the over-demand store. This is an example of utilizing , but for the good of the retailer."

To answer the question, Cannibalization is used to directly or indirectly move customers toward a newer similar product or service than the old for diverse reasons. The sales of the old product or service drops while the sales of the new product increases, however, the company's market share is not affected.

In our scenario, Walmart's introduction of a new store within 10 miles of the over-demand store is a move to reduce the long lines and empty shelves. Customers are urged to go to the new store to reduce the high pressure on the over-demand store. This approach by Walmart is known as cannibalization.

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answerstop plates; security tracking of office property

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match the scenarios with terms related to financial aid.

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