Retailing giant Tesco is successful in global markets primarily due to its ability to standardize retail formats among markets and take advantage of the consequent economies of scale.

Question

Quizplus · Accepted Answer

Tesco's success in global markets is not solely due to standardizing retail formats; it also adapts to local market needs and preferences, which is crucial for its international success.

Retailing Giant Tesco Is Successful in Global Markets Primarily Due