1. Home
  2. / Jørgen Vig Knudstorp
  3. / What is one of Jørgen Vig Knudstorp's key strategies for the Lego Group's growth?

What is one of Jørgen Vig Knudstorp's key strategies for the Lego Group's growth?

  • Global expansion

  • Reducing product variety

  • Focusing on digital products only

  • Outsourcing manufacturing

Answer

One of Jørgen Vig Knudstorp's key strategies for the Lego Group's growth is global expansion. He has focused on expanding the company's presence in emerging markets, such as Asia and Latin America, to reach new customers and increase sales. This strategy has helped the Lego Group become one of the world's largest and most successful toy manufacturers.
Jørgen Vig Knudstorp Mental Marathon: 21 Questions to test your cognitive stamina

Jørgen Vig Knudstorp Mental Marathon: 21 Questions to test your cognitive stamina

Take the Jørgen Vig Knudstorp Quiz
Subscribe newsletter

Subscribe Now!

Learn something
new everyday

Playing quizzes is free! We send 1 quiz every week to your inbox