Question

Walmart and Nordstrom maintain very different strategic profiles, one based on cost-leadership and the other based on differentiation through superior customer service. This is an example of ______. Multiple choice question. a strategic failure by Walmart the trade-offs required by strategic positioning a strategic failure by Nordstrom differences in industry norms

Answer 1

Based on the provided information ,where Walmart and Nordstrom were  based on cost-leadership and the other based on differentiation through superior customer service can be seen as an example of trade-offs required by strategic positioning.

A trade-off can be regarded as situational decision which entails the situation whereby  there is a loss in quality for gains in other aspects.

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