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Sunday, May 12, 2019

Plan for growth Essay Example | Topics and Well Written Essays - 250 words

Plan for growth - Essay ExampleJCPenney has become a digital leader as well by advancing jcpenney.com websites mobile commerce functionality. The website provides its customers with suitable and convenient shopping options development which, they can get the merchandise shipped to their homes. JCPenneys current efforts are directed at developing an enterprise-wide store network that would make its customer service more efficient in terms of reduced preservation time. You have rightly pointed out that understanding the way customers like to receive communications is an essential cistron of growth and social strategy of any business. Nevertheless, having realized that novel customers make a large routine of the communitys customer base, JCPenney has directed its attention toward attracting younger customers by introducing more in-store attractions popular among young generation that can be exclusively found at JCPenney. The chief financial officer of JCPenney reflects upon the c ompanys growth strategy and the ensuing increase in profitability saying, By successfully counseling on our core business strengths, we delivered three consecutive quarters of positive sales and developed a strong foundation for growth (Record cited in JCPenney,

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