The statement by Wal-Mart "Save money, Live better" is pointing its business strategy as?
Correct answer: C. Cost leadership
- A. Consolidation
- B. Horizontal integration
- C. Cost leadership
- D. all of above
Explanation
“Save money, Live better” emphasizes offering lower prices through efficiency, which reflects a cost-leadership strategy. Consolidation and horizontal integration describe growth or structural choices, not the central message of the slogan.
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Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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