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Aldi,a discount supermarket retailer,has grown from its German base to the rest of Europe,Australia,and the United States by replicating a simple business format.Aldi limits the number of products in each category to ensure product turn,to ease stocking shelves,and to increase its power over supplier.This is an example of an overall cost leadership strategy because it
Short-term Plans
Strategic objectives and actions designed to be implemented and achieved within a brief period, usually less than a year.
Internet Time
A concept indicating the accelerated rate of change and innovation attributed to the widespread adoption and influence of the Internet.
Vision
Describes the ability to think about or plan the future with imagination or wisdom.
Mission
The fundamental purpose or goal of an organization, often described in a mission statement.
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