Take the following as truth: Beginning in the late 1970s, Wal-Mart sought to reduce its costs by using emerging information technologies to track consumer sales at the checkout counter, monitor its inventory of goods within and across stores, and then supply its stores on an ongoing basis via highly efficient, centralized distribution methods.
Then the following statement: "The emerging information technologies were developed by research conducted by Walmart." is true, false, or inconclusive?
Answer: False