Business, 15.04.2020 00:45 Samzell

Because keeping cost low is critical to IKEA's value innovation, it switched from a(n)

A. international strategy to a global-standardization strategy.
B. international strategy to a multidomestic strategy.
C. transnational strategy to a global-standardization strategy.
D. transnational strategy to a multidomestic strategy.

Answers: 2

Show answers

Answers

Answer from: MissSmartyPants88

the correct option is A.

Explanation: First, we will define International Strategy and Global-standardization strategy.

International strategy refers to a business plan or strategy that is created by a company to do its business in foreign markets. This strategy requires analyzing the international market, defining goals, understanding market dynamics & develop offerings that are peculiar to each foreign market.

Global standardization is the strategy of using standard marketing internationally. What this means is that, it is the ability of a company, business or organization to use the same marketing strategy from one country to the next, and across various cultures.

From the above definitions, we can conclude that a Global standardization strategy is more cost efficient, because there is no case repeating the same marketing strategy cost. This will therefore ensure that cost is kept low and at a minimum.

Answer from: jsharma57p7enrw

international strategy to a global-standardization strategy.

Explanation:

Global standardisation is the ability of a company to use standard marketing internationally. That is one method is used accross different countries and cultures.

On the other hand the use of international strategy involves tailoring marketing process to a unique culture in international transactions. This is expensive as the company will have to develop different strategies to operate in different countries.

In order to reduce cost it will be better for IKEA to switch from international strategy to global standardisation strategy.

Answer from: Quest

answer; (a) calling people who have not shown interest in the product and asking them to buy it;

Answer from: Quest

one of the appeals of a sole proprietorship is that business expenses are kept separate from your personal income tax return

Other questions on the subject: Business

Business, 21.06.2019 20:30, danielmartinez024m

What is the most important type of decision that the financial manager makes?

Answers: 2

continue

Business, 22.06.2019 05:30, amandajbrewerdavis

Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?

Answers: 2

continue

Business, 22.06.2019 06:30, brony2199

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Answers: 1

continue

Business, 22.06.2019 11:00, szinx

Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?

Answers: 3

continue

You know the right answer?

Because keeping cost low is critical to IKEA's value innovation, it switched from a(n)

...