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How does Metso utilize any (or all?) of the following on an international level: 1) cost leadership, 2) differentiation, 3) focused cost leadership, 4) focused differentiation, 5) integrated cost leadership/differentiation? I suppose integrated cost leadership/differentiation
Most consumers have high expectations when purchasing goods or services. In general, it seems that most consumers want to pay a low price for products with somewhat highly differentiated features. Because of these customer expectations, a number of firms engage in primary value-chain activities and support functions that allow them to simultaneously pursue low cost and differentiation.99 Firms seeking to do this use the integrated cost leadership/differentiation strategy which involves engaging in primary value-chain activities and support functions that allow a firm to simultaneously pursue low cost and differentiation.
This is what we need to talk about in this section.Give examples of any of those things that Metso does on an international level.
Global strategy for this section means a companyâ€™s home office determines the strategies that business units are to use in each country.
What we need to talk about in this section is, does Metso utilize:
Multidomestic strategy: strategic and operating decisions are decentralized to the strategic business units in individual countries or regions for the purpose of allowing each unit the opportunity to tailor products to the local market
Global strategy: home office determines the strategies that business units are to use in each country or region
Transnational strategy: the firm seeks to achieve both global efficiency and local responsiveness
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