Free

IKEA CASE ANALYSIS - Assignment Example

Summary

IKEA is a company that is focused on providing home furnishings and accessories that are functional and of good design such that several people can afford them. The corporate value of the company is to provide quality products while improving the quality of life.
The…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER93.7% of users find it useful

Read Text Preview

Subject: Business
Type: Assignment
Level: High School
Pages: 1 (250 words)
Downloads: 3
Author: gutkowskiannali

Extract of sample "IKEA CASE ANALYSIS"

IKEA Question IKEA is a company that is focused on providing home furnishings and accessories that are functional and of good design such that several people can afford them. The corporate value of the company is to provide quality products while improving the quality of life. Question 2List of stakeholders1. Customers2. Raw materials suppliers3. Employees4. InvestorsMaryanne Barner needs to consider additional stakeholders. These are:1. local community2. Government and private investorsTo prioritize stakeholders entails determining their interests and their contribution in the company.

Question 3 IKEA’s management is strongly focused on the provision of quality lifestyle for all individuals. As such, its corporate social responsibility aims at improving the quality of life in society. Question 4 The significant problem in IKEA is that the company is facing challenges on social shift as the technological innovations occur at a rapid rate. As such, the company does not have an effective ground for consumer assessment and needs identification to ensure that diversification of consumer products occurs successfully.

Question 5 The immediate action is to adopt a strategy for success improvement (Ghani 2). Such is because the strategy for business processes improvement will create a framework for improving the organization performance. The option has the impact of satisfying stakeholders because they will have a chance to see the process of business growth and expansion. Question 6 The action is to streamline the procedure of Rangan Exports. Such is vital to ensure that consumers obtain the goods in good condition, as well as comprehend the buying behavior of customers.

Export procedures have to be effective for success to be obtained at all times in business activities of the company. Question 7 The company should modify the strategy and join RugMark. Such will ensure that it has the opportunity of leveraging on better labor standards for its business activities. Works CitedGhani, Umair. IKEA CASE. Business cases, 2010.

Cite this document

APA
MLA
CHICAGO

(“IKEA CASE ANALYSIS Assignment Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/business/1680026-ikea-case-analysis

(IKEA CASE ANALYSIS Assignment Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/business/1680026-ikea-case-analysis.

“IKEA CASE ANALYSIS Assignment Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/business/1680026-ikea-case-analysis.

Cited: 0 times

CHECK THESE SAMPLES OF IKEA CASE ANALYSIS

Why We Still Love IKEA

As clarified in the above case study, it is very clear how IKEA has implemented the Bowman's Strategy Clock model together with the diversification strategy effectively through organizational activities.... Using Bowman's Strategy Clock, the case study has pointed out that the company communicates the organizational contents while encouraging the customers to adopt the concept of building IKEA's brands in the market.... From the paper "Why We Still Love ikea" it is clear that with the implementation of Bowman's strategy clock as part of its diversification strategy, ikea Company has received recommendable achievements in terms of resources and competitive advantage....

10 Pages (2500 words) Case Study

The Organizational Environment of Ikea

This paper "The Organizational Environment of Ikea" shall focus on strategic analysis of IKEA.... According to Allen (2006), PESTEL analysis is a strategic tool that helps to determine key drivers of change present in the business environment.... hellip; It is evidently clear from the discussion that ikea is considered to be the largest retailer dealing in furniture across the globe.... Eco-friendly aspect is closely knitted with ikea's interior design work....

6 Pages (1500 words) Case Study

SOWT Analysis of Each Idea for New Product Development

This work "SOWT analysis of Each Idea for New Product Development" describes various ideas of product development, their peculiarities, benefits.... Battery working depends on a long list of accessories, including rechargeable batteries, a charger, a digital heating controller, a battery case and a car recharger, carrying them all is another job....

11 Pages (2750 words) Case Study

The Huge Success of IKEA Stores

The paper 'The Huge Success of ikea Stores' presents the ikea company which was founded by Ingvar Kamprad in 1943, when he first started off selling matches and miscellaneous products.... hellip; The ikea stores are based upon the self-service model, where customers can walk around the store, inspect and touch the furniture before making a decision to purchase them.... The ability to touch and examine furniture products before buying them is a feature that is appreciated by ikea customers....

6 Pages (1500 words) Case Study

The Development of the Information Management Research Area

There are many examples of CRM in action, so the report limits itself to two real-world examples, ikea and Marriott.... For the companies ikea and Marriott, CRM must mean all of these things and more for the marketing strategy to really work.... This paper under the title "The Development of the Information Management Research Area" focuses on the fact that the current investigation looks into customer relationship management (CRM) as a business solution that is becoming increasingly widespread....

11 Pages (2750 words) Case Study

A Hybrid Strategy of IKEA

The aim of the paper “A Hybrid Strategy of ikea” is to secure a competitive advantage through offering customers of the niche market with a product that they perceive as very well suited to their needs, tastes and preferences.... hellip; The author states that ikea used a mix of low cost and differentiation strategies as a part of its hybrid strategy.... Socio-Cultural Forces Being a social networking company, socio-cultural forces impact the company's operations as ikea network spans across various countries and continents....

12 Pages (3000 words) Case Study

Whats Love Got to with It

n analysis of the film reveals the perils and pitfalls to be overcome for those that seek to safeguard the vulnerable, (and not always women) from domestic violence.... Apart from these systemic weaknesses in the law and prosecution thereof, this study shall also demonstrate that, despite the exhaustion, fear, and violence, there is a case to be made for the ways in which Tina needed Ike.... In Ike's case, in time a sizeable body of evidence, and witnesses would accumulate that would easily corroborate his worst offenses; but in those heady, early years, for Tina and likely many wives; it would be easy to believe that this was a 'phase', and that he would change; that there would be no pattern of abuse to astound house-guests and scar the minds of their children....

9 Pages (2250 words) Case Study

IKEA Way - a Program of Corporate Social Responsibility Implemented by a Global Corporation

From the analysis of the corporate social responsibility of the company, the social projects that it initiates target children, for which it partners with organizations that support the interest of children such as Save the Children and UNICEF.... "IKEA Way - a Program of Corporate Social Responsibility Implemented by a Global Corporation" paper focuses on IKEA'S case on corporate social responsibility.... Basing on the case, IKEA contributes positively to supporting communities and general society through charity and sponsorship....

3 Pages (750 words) Case Study