IKEA's Secret to Success Is a Clear Understanding of the Marketing

question 35

True/False

IKEA's secret to success is a clear understanding of the marketing strategy it wants to pursue: cheap products at cheap prices.

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Definitions:

Core Knowledge

Fundamental knowledge that is considered essential for cognitive development in humans, according to certain theories.

Piaget

A Swiss psychologist named Jean Piaget who is best known for his influential theory of cognitive development in children.

Sensorimotor Substage

The initial phase in Piaget's theory of cognitive development, from birth to approximately age 2, where infants learn about the world through basic actions such as sucking, grasping, looking, and listening.

Telegraphic Speech

A form of communication often used by young children, consisting of short and simple phrases that leave out unnecessary words.