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Identify the Three Major Categories of Growth Strategies

question 7

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Identify the three major categories of growth strategies.


Definitions:

McDonaldization

A term used to describe the increasing presence of the fast-food business model in common social institutions, characterized by efficiency, calculability, predictability, and control.

Rationalization

Rationalization is the process of replacing traditional and spontaneous methods of organization with calculated, efficient, and logical processes, often highlighted in modern social structures.

Busy Lives

describe the condition of having a lifestyle characterized by limited free time due to numerous commitments and responsibilities.

Progress

The advancement towards a more developed or improved state, often measured by economic growth, technological innovation, or social betterment.

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