Answer:
Costco is following Customer Oriented Strategy in the business.
Explanation:
Costco offers around 4000 different products to its 64 million members. Costco is now planning to stock more of organic products as the popularity for these products among its customers in gaining significance. Costco has also planned to help farmers to grow organic farms which will benefit the Costco customers. This is customer oriented strategy because Costco is focusing on the needs of its customers.
Laws are put in place by an existing form of government, in the United States, a democracy, which means that the majority of representatives elected by the majority of the people compose the laws. Ethics are more of a moral dilemma, and often contribute to lawmakers decision. It's the idea of what is best (laws) vs. what is right (ethics).
Answer:
bottom-of-the-pyramid
Explanation:
C. K. Prahalad and associates introduced the concept of a global market, not necessarily defined by national borders but rather by the pockets of poverty across countries, and consisting of 4 billion people across the globe with annual incomes of less than $1,200. They refer to these consumers, concentrated in the LDCs and LLDCs, as <u>bottom-of-the-pyramid</u> markets
Answer: a) 0.5%
Explanation:
The real interest rate is simply the nominal interest rate adjusted for inflation.
Real interest rate = Nominal rate - Inflation
= 2.5 - 2
= 0.5%