The fact that Costco opened three new stores to serve its customers exemplifies the growth strategy.
<h3 /><h3>What is the growth strategy?</h3>
It corresponds to an organizational plan that defines courses of action with the objective of reaching new markets and consumers. Some growth strategies are related to increasing market share, increasing investments and including benefits in the goods offered.
Therefore, a growth strategy when well implemented helps a company to create more value for the consumer, attracting and retaining them, in addition to becoming more competitive and positioned in the market.
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Encouraging private ownership, protecting and encouraging competition, enforcing contracts, and keeping business cost low.
Answer:
wages cannot adjust downward quickly and easily.
Explanation:
In a situation where the macroeconomy is experiencing a higher than the natural rate of unemployment, it must be because "wages cannot adjust downward quickly and easily."
Given that wages are arguably the most significant aspect to entice employees or people to work and get paid. Hence, where the wages are not enough to cause for the employees, there tends to be a situation where wages cannot adjust downward quickly and easily. And therefore, people would not want to work where there is low pay, and eventually, unemployment increases.
Answer and explanation:
Here is one of the key notes,
Even the Department of Defense recognizes that getting things done quickly now requires working around the system.
From the article it was stated that bureaucratic processes are agonizingly slow and this problem is being addressed by new defense department organization. These two organizations are the Defense Digital Service and Defense Innovation Unit Experimental.
