Silicon is the most abutment element in the earth's crust

employees are paid well above the normal expectation for workers in the retail sector. This forms strength for the company, as these employees give their soul to the success of the business. The weakness of the retailer may be found in its insistence on its traditional ways of relating with its customers and not going for the big adverts, which Hanninen and Karjaluoto (2017) considers as a boost to business. The opportunities open to Trader Joe’s operations in may still be found in its target market across the United States. Accordingly its expansion shown in Trader Joe’s.com (2013), speaks of it taking these opportunities howbeit in a gradual stride. In discussing the VRIO and Value Chain positions of the company, it is instructive to consider the necessity of the resource-based view of a firm, which Madhani (2010) observes allows a firm to strategize effectively with all its resources in such a way that that they are able to compete effectively and to gain levels of advantage to themselves. In Trader Joe’s, employees are giving the opportunity to deliver their best with the necessary push from management. In so doing, these employees are able to add more value in customer value chain (Madhani, 2010).

Part 2

Strategic Options for Growth

Trader Joe’s from day one has made clear that it is not in hurry for expansion. However, they take seriously the satisfaction of their customers. When we consider the need in a highly competitive business environment such as is obtained in the retail industry in the US, it behooves Trader Joe’s to make attempt at competing with the rest. Trader Joe’s strategy of low cost has been applied in managing the educated target market that stands till date as their most important customer base. The application of Ansoff Matrix can be applied in furthering

Sample Solution

Molten silicon thermal energy storage systems offer a new and innovative way to store large amounts of energy. These systems harness the unique properties of molten silicon, which allows for higher storage temperatures than that of salts commonly used in other types of energy storage. Silicon is also more efficient at storing more energy per unit than traditional solar systems, as its density enables it to hold up to 100 times more energy in just one cubic meter (ScienceDaily 2016). This technology has great potential for powering entire communities effectively and efficiently. A recent study conducted by MIT concluded that two 10-meter high tanks filled with molten silicon could provide enough power to support up to 100000 households (ScienceDaily 2016). In order to achieve this, however, the system will require significant capital investment and technological advancement. Despite these challenges, the benefits associated with such an energy source are clear – from providing access to renewable electricity around the clock regardless of weather conditions or time of day; avoiding fuel costs associated with coal or natural gas powered plants; reducing emissions from fossil fuels; producing electricity at lower cost than existing grid sources (MIT Energy Initiative 2020); and allowing remote areas without access to traditional power grids take advantage of renewable energies. Overall, molten silicon thermal energy storage systems offer a highly potentially solution for storing large amounts of renewable electricity efficiently. Although there are some challenges associated with this type of technology that must be overcome before they can be deployed on a larger scale, the benefits far outweigh any roadblocks that may stand in the way. With continued research and development here too is no doubt that molten silicon will become an essential part of our future sustainable electricity supply.