Wal-Mart Created a Competitive Advantage with Its Inventory System to Reduce

Wal-Mart created a competitive advantage with its inventory system to reduce the ratio of cost of goods sold to sales expecting:

A) to enjoy huge economic profits forever.
B) its rivals will never imitate their strategy and it will continue to enjoy positive economic profits.
C) its rivals will immediately do the same thing and it will end earning zero profits.
D) to enjoy economic profits for a few years before its rivals caught up.
E) it will at least be able to cover its fixed costs.

Correct Answer:

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