Asked by
MEGHA NARULA
on Dec 13, 2024
Verified
Walmart purchased online retailer Jet.com for $3.3 billion to complement its existing e-commerce offering and offer lower prices and a broader assortment of products to customers who shop for bargains online in response to customers'
A) changing values.
B) changing population composition.
C) changing demographics.
D) changing regulatory forces.
E) changing ethnic composition.
E-commerce Offering
Products or services sold online through a website or mobile app, facilitating convenient shopping for consumers.
Changing Values
Refers to the evolution or shift in the beliefs, priorities, and attitudes of individuals or groups over time.
- Comprehend the effects of economic fluctuations on consumer behavior and the adjustments businesses make in response.
- Identify the impact of technological progress on customer choices and market tactics.
Verified Answer
BD
Learning Objectives
- Comprehend the effects of economic fluctuations on consumer behavior and the adjustments businesses make in response.
- Identify the impact of technological progress on customer choices and market tactics.