Question

Before deciding on a pricing strategy, Wallmart consults with a strategy team to understand what discounts the Doormart is offering. The model that BEST fits this industry is:

Answer 1

oligopoly

Step-by-step explanation:

The model that best fits this industry would be an oligopoly. This is a market or industry which is dominated by a small group of very large companies/sellers. In this model, the few companies involved are in direct competition with one another and focus solely on outpricing one another in order to gain a competitive edge. Which is what Wallmart is trying to accomplish by understanding the discounts being offered by Doormart.