Briefly explain your answer to the previous question in 2-3 lines. Be prepared to explain your answer in class.

Posted: March 9th, 2022

Answer the questions using the information provided in the attached case. Question 1 Relative to Wal-Mart (25% gross profit margin), Seven-Eleven Japan (in 2009) Select one: A. has a lower gross profit margin and turns its inventory faster B. has a lower gross profit margin and turns its inventory slower C. has a higher gross profit margin and turns its inventory faster D. has a higher gross profit margin and turns its inventory slower Question 2 On which basis does SEJ compete (e.g., relative to a large traditional grocery store)? Select all that apply. A. Lowest price B. Convenience C. Largest selection D. Freshness Question 3 List three different ways the information collected at an SEJ store is used for guiding operational, tactical, and/or strategic decisions. Be concise and specific. Question 4 Because SEJ stores receive their products in smaller lots, they have to deal with more truck deliveries per day than competing convenience stores who do direct shipping. Select one: A. True B. False Question 5 Typically, what is the maximum distance an SEJ customer would need to walk to get to the nearest SEJ store? Select one: A. 100 meters B. 500 meters C. 3 kilometers D. 30 kilometers Question 6 Discussion point. Should Seven-Eleven Japan further expand in the United States, perhaps by adapting its business model? Question 7 Briefly explain your answer to the previous question in 2-3 lines. Be prepared to explain your answer in class. Question 8 Submit top recommendations related to the case with a concise but compelling justification (2-3 sentences per recommendation).