Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. What strategy was Avon pursuing until the mid-2000s? What were the advantages of this strategy? What were the disadvantages? Avon was pursuing a localization

image text in transcribed
image text in transcribed
1. What strategy was Avon pursuing until the mid-2000s? What were the advantages of this strategy? What were the disadvantages? Avon was pursuing a localization strategy, which allowed local management to be the "king or queen of every decision". Precisely satisfying the demand of local markets provided certain obvious advantages, such as higher customer satisfaction. However, the disadvantages to that strategy included a lack of consistency in marketing strategy from nation to nation, extensive duplication of manufacturing operations and supply chains, as well as a profusion of new products, many of which were not profitable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Retail Management A Strategic Approach

Authors: Barry Berman, Joel Evans, Patrali Chatterjee

13th Edition

0133796841, 9780133796841

More Books

Students also viewed these General Management questions

Question

Which industries interest you most? Least? Why?

Answered: 1 week ago