Question

Why has Adidas been able to lower the costs of its products?

Answer 1

Answer:

Financial Performance in 2018. In 2018, adidas delivered another year of significant top-line growth with currency-neutral revenues increasing by 8%. ... In euro terms, the company's revenues grew 3% to € 21.915 billion (2017: € 21.218 billion), reflecting significant negative currency translation effects.

Explanation:

Answer 2

• Through mass production of goods
• By setting up manufacturing units in various countries.
• Lowering the cost of production through acquiring cheap labour.
• Increasing their skilled manpower.
• Using Modern machineries and technology.
• Taking the support of government policies