Question

true or false

16. Walmart discovered that it could compete on price and build a sustainable business 17. Life cycle assessment (LCA) is a marketing concept that addresses innovation in product development. 18. Geographic proximity is rarely a major reason for trade. Mountains tend to impede trade, whereas flat areas tend to facilitate trade relationships 19. 20. Nuclear power is a leading contributor to the French energy grid.

Answer 1

16 . True

Walmart uses the hyper retail store model. They bank on the concept of economies of scale .

17. False

It is a method through which the environmental impact of a product is measured in its every aspect from production to disposal.

18.False

Geographic proximity is often a reason for trade . As distance increases between two trading nations, so does the logistics expenditure.

19.True

Mountains are difficult to traverse by land or air. Where as in flat areas railways can operate, which is a very effective band efficient more of transportation.