Question

Which of the following are retailers that probably compete on the basis of product differentiation, desirable locations, low prices, quality, and customer service?

1) Walmart
2) Costco
3) Dollar General

Answer 1

Walmart, Costco, and Dollar General compete on the basis of product differentiation, desirable locations, low prices, quality, and customer service.

Step-by-step explanation:

The retailers that probably compete on the basis of product differentiation, desirable locations, low prices, quality, and customer service are Walmart, Costco, and Dollar General. These retailers have different strategies to attract and retain customers.

1. Walmart: Walmart competes on the basis of low prices. They offer a wide range of products at discounted rates, attracting customers who are looking for the best deals.
2. Costco: Costco differentiates itself by offering bulk sizes and membership benefits. They provide a unique shopping experience and focus on delivering high-quality products at competitive prices.
3. Dollar General: Dollar General competes on the basis of low prices and convenience. They offer a variety of products at affordable prices, targeting customers who are looking for everyday essentials.