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

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Definitions:

Food Shortages

A situation where the food supply is insufficient to meet the demands of a population.

Positive Incentive Model

A theory suggesting that behaviors are motivated by the positive incentives or rewards that they are expected to bring, rather than by a desire to avoid negative outcomes.

Weight Control

The practice of maintaining a healthy body weight through a balanced diet and regular exercise.

Biologically Determined

Traits or characteristics that are influenced by genetic or physiological factors.