Discuss in Some Detail the Factors That Have Contributed to the Growing

question 38

Essay

Discuss in some detail the factors that have contributed to the growing inequality in incomes in the United States in the past two decades.

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Definitions:

Competitive Strategy

A planned method of positioning a company in the market and gaining an edge over competitors, often by analyzing strengths, weaknesses, opportunities, and threats.

Customer Needs

The desires or requirements of buyers that drive their purchase decisions, including product features, price, quality, and convenience.

Inventory

The stock of any item or resource used in an organization, including raw materials, components, and finished products.

Uncertainty

A situation in which the outcomes or conditions are unknown or unpredictable.