IKEA Is Likely to Have Which Generic Business Strategy

question 151

Multiple Choice

IKEA is likely to have which generic business strategy?

• A)diversification
• B)quality leadership
• C)cost focus
• D)service leadership

---

Definitions:

Metric Classification Scheme

A structured framework for categorizing and assessing various metrics or measurements based on predefined criteria to evaluate performance, progress, or outcomes.

SCOR Model

Supply Chain Operations Reference model; a diagnostic tool for supply chain management, covering all business processes and measuring total supply chain performance.

ROA Improvement

Strategies or actions taken to increase the Return On Assets, which measures how efficiently a company uses its assets to generate earnings.

Channel Structure Management

The process of designing, organizing, and monitoring the distribution channels of a company to efficiently move goods or services from producers to end-users.