Ikea, the Swedish furniture chain, insists that all its stores carry the basic product line with little room for adaptation to local tastes.If research of the U.S.market showed that Americans preferred larger beds than their Swedish counterparts, which of the following strategies would be advisable to Ikea?
A) standardization.
B) new product development.
C) adaptation.
D) withdraw from market.
E) lower prices to encourage attitude change.
Correct Answer:
Verified
Q8: The formation of regional market agreements such
Q9: The primary advantage to using a standardization
Q10: _ means offering a uniform product on
Q11: One attempt to combine the strengths of
Q12: A _ enables a company to reduce
Q14: In the Australian market, rather than manufacturing
Q15: Standardization of product has a _ orientation
Q16: One of the pitfalls that a global
Q17: _ means shortening the time to bring
Q18: In general, the rate of adoption of
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