Denim Supply Inc. does not feel the pressure to create custom jeans for any of its markets around the world, but it does want to focus on cost reductions. What strategy should this company consider using to achieve this?

Question

Quizplus · Accepted Answer

A global standardization strategy focuses on achieving economies of scale and cost reductions by producing standardized products for a global market, which aligns with Denim Supply Inc.'s goal of focusing on cost reductions without customizing products for different markets.