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They can buy wholesale goods cheaply because they have so many customers.

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16y ago

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Which of the following best explains why companies like Amazon and Wal-Mart can sell things more cheaply than others who sell the same products?

They can buy wholesale goods cheaply because they have so many customers.


What best explains why companies like Amazon and Walmart can sell things more cheaply than others who sell the game products?

Stores like Walmart buy from companies that make their goods overseas. This makes them cheaper. Walmart is a company that will put an American business out of business if that company won't lower their price to the one Walmart wants. Usually the American product is better made and the cost is higher as a result, but Walmart doesn't support the American business against the foreign made product. They are all about the "bottom line."


What best explains why companies like amazon and Walmart can sell things more cheaply?

Companies like Amazon and Walmart can sell products more cheaply due to their economies of scale, which allow them to reduce per-unit costs through high-volume sales. They also leverage advanced supply chain efficiencies, technology, and data analytics to optimize inventory management and reduce operational costs. Additionally, their substantial market power enables them to negotiate better deals with suppliers, further driving down prices for consumers.


What American businesses are most likely to be hurt by free trade agreements?

Companies whose products can be made more cheaply elsewhere


What best explains the purpose of protectionist trade policies such as tariffs and subsides?

They allow their producers to sell products more cheaply than foreign competitors


What are the different types of pricing strategies?

Businesses can price their goods based on being a price leader like Walmart. They price their products cheaply so that many people can afford their products.


How can you start a business selling other peoples products cheaply?

To sell other peoples products you would have to register a business name according to your states licensing requirement that would enable you to purchase wholesale products from companies in order to sell and make a profit


What is it called when you produce many products efficiently and cheaply?

The process of producing many products efficiently and cheaply is called "mass production." This manufacturing approach utilizes standardized processes, assembly lines, and economies of scale to reduce costs and increase output. By optimizing production techniques, companies can produce large quantities of goods while maintaining quality and minimizing expenses.


Where can I find discount travel companies to purchase a trip cheaply?

Trips can be purchased cheaply through certain travel companies that offer discounts and rates to people that use their company freaquently, or even new member benefits.


What best explains why companys like amazon and wal-mart can sell things more cheaply than others who sell the same product?

They can buy wholesale goods cheaply because they have so many customers.


Where can one print business cards cheaply?

Business cards can be cheaply printed if one uses companies such as Vistaprint. They will take the template the user provides and print as many as are required.


Where can I rent a car cheaply in the UK?

You can rent a car cheaply in the UK from various car rental companies such as Budget, Europcar, and Enterprise. It is recommended to compare prices and book in advance to get the best deal.