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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Week 3 Participation 6

Week 3 Participation 6

Q Can you name any low-cost providers, and how did they achieve their low-cost advantage?

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I think that a low-cost provider can be Walmart Inc. This is because Walmart provided products and services at the lowest prices possible for the global customers of the organization. The global customers of Walmart also have been rewarded and gifted with loyalty bonuses, loyalty cards as well as with discounts during festive seasons because of which the brand loyalty achieved by the organization has been of very high standards. I think that Walmart has been extremely well established and organized to attract more of global customers from all over the global world in order to avail the low-cost services and the low-cost products of the organization.