Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

In 1943, at age 17, Ingvar Kamprad formed IKEA. Anticipating the rising consumerism amid the rebuilding boom that would follow the war, IKEA moved quickly, providing families with low-cost furniture designs through the convenience of catalogue sales. With the opening of the company's first showroom in 1953.

Kamprad united a variety of suppliers under the IKEA umbrella, coordinating long run production schedules and controlling distribution. That model expanded in 1964 with the introduction of the first warehouse store, eliminating an entire step in product distribution by allowing warehouse container pick-up by customers. Over the decades, IKEA produced a unique global brand famous for innovation. The company's devotion to lifestyle solutions led to the expansion of product lines and the expansion of global markets. By 2010 there were 332 IKEA stores in 41 countries.. 

QUESTIONS :

1. What are IKEA's organizational design elements?

2. How does IKEA approach innovation?.

3. Describe IKEA's culture.

4. What challenges does IKEA face?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92703220
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Identify three leadership traits from the trait theory you

Identify three leadership traits from the Trait Theory you feel you do or do not possess. You may identify three that you do possess, or three that you do not possess, or one you possess and two you do not possess, etc. ...

With respect to your use of the internet what is an example

With respect to your use of the Internet, what is an example of an exposure? An uncertainty? A missed opportunity?

Explain how it help influence walmart and amazons

Explain how IT help influence Walmart and Amazons organizations strategies.

The gravitational attraction between any two objects in the

The gravitational attraction between any two objects in the universe is given by the following formula: Force of Gravity = (G * m * n) / r 2 Where  m  and  n  are masses of the objects in kilograms,  r  is the distance b ...

Identify five sources of information that needs to be

Identify five sources of information that needs to be gathered to allow you to monitor whether or not each service has been properly delivered.

How the impactvaluebenefit of the opportunity for

How the impact/value/benefit of the opportunity for innovation will be evaluated post implementation?

Consider 10 independent tosses of a biased coin with the

Consider 10 independent tosses of a biased coin with the probability of Heads at each toss equal to p, where 0 We are interested in calculating the probability that there are 5 Heads in the first 6 tosses and 3 Heads in ...

What is a good analogy of subnetting whats a break down of

What is a good analogy of Subnetting? What's a break down of how it is used within a company?

Alcohol use disorder aud is among the most prevalent mental

Alcohol use disorder (AUD) is among the most prevalent mental disorders worldwide, and is often a co-morbid factor complicating (or exacerbating) other psychological disorders. Please answer the following questions. 1. D ...

A firm has hired you as a consultant their only concern is

A firm has hired you as a consultant. Their only concern is to maximize profits. This firm is not in a perfectly competitive industry--they have some control over price. They give you the following information: We're sel ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As