LEARN MORE...

Ikea Strategic Management Case Study

Content type

User Generated

Subject

Business

Type

Case Study

Uploaded By

yvymnawobbev

Pages

5

Showing Page:

1/5

1

Strategic Management_ A case Study on IKEA

Sign up to view the full document!

Showing Page:

2/5

2

Table of Contents

SWOT Analysis: ........................................................................................................................ 3

Recommendation on the basis of weaknesses of IKEA: ........................................................... 4

References .................................................................................................................................. 5

Sign up to view the full document!

Showing Page:

3/5

Sign up to view the full document!

End of Preview - Want to read all 5 pages?

Unformatted Attachment Preview

Strategic Management_ A case Study on IKEA 1 Table of Contents SWOT Analysis: ........................................................................................................................ 3 Recommendation on the basis of weaknesses of IKEA: ........................................................... 4 References .................................................................................................................................. 5 2 SWOT Analysis: • Strengths: Clear vision is the biggest threat of IKEA, which is helping them to strengthen value among customers. The inclusion of well-defined business strategy is also a major strategy of IKEA, through which they are becoming able to offer the customers with well-designed functional home furnishing products in a timely and cost-effective manner (Ikea.jobs.cz, 2020). Strong brand recognition is another vital strength of IKEA. This is the well-known furnishing brand with more than 500 billion of customers across the globe. A combination of high brand recognition and low-cost furniture options are making it easy for IKEA to attain immense popularity throughout the world. • Weaknesses: IKEA is operating its business in multiple countries across the globe, which is making it difficult for them to maintain a standard in every location. The company is indeed putting full effort to manage uniform quality in all of its locations. However, scalable control of quality is obstructing them to have a unifo ...
Purchase document to see full attachment

Tags: SWOT analysis Ikea major strategy of IKEA potential base of customers Low cost business model

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Studypool

4.7

Indeed

4.5

Sitejabber

4.4

24/7 Study Help

Stuck on a study question? Our verified tutors can answer all questions, from basic math to advanced rocket science!

Post question

7 pages

Typically, a quality improvement plan refers to a formal strategy used by organizations to evaluate the performance by ide ...

Typically, a quality improvement plan refers to a formal strategy used by organizations to evaluate the performance by identifying areas that need to ...

Globalization, business and finance homework help

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions wit ...

Globalization, business and finance homework help

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.Review this link and research a multinational corporation (this link can be a helpful starting point). Then, answer the following questions:How do the changing technology and the falling barriers to trade and investment reflect the success of this company? How does the company show corporate social responsibility in terms of labor conditions, human rights, fair trade, and the environment? What actions can a multinational corporation take that would make globalization a positive development for the global economy?

Operations Management

Length 1000 – 1500 words The transportation costs for the Ultamyacin are high, but so are the costs of building an en ...

Operations Management

Length 1000 – 1500 words The transportation costs for the Ultamyacin are high, but so are the costs of building an entirely new manufacturing facility. A description of the processes is listed. The company does not know how to proceed but is beginning to embrace TQM thinking. To encourage this new direction, you want to bring more information and analysis to the next management meeting. You believe Deming's steps could be applied here, as well as process mapping to determine what the company should do next. Be sure to use all five symbols, Operation (O), Transport (>), Inspect (□), Delay (D), and Store (□). Current Pressed Face Powder Production Process: Raw materials are received at the Minnesota facility. They are transferred to bulk storage tanks, tested for perity and toxins, and then air flown into a tank. They wait until a tank truck can ship it to Puerto Rico, they are inspected at customs and at the factory and are transferred to storage tanks in Puerto Rico. They are then purified, distilled, and mixed with other chemicals and colors. They are transferred to storage tanks, and then later, transferred into containers, where they are shipped to Strasbourg France. At the port they are inspected and transferred to trucks, and when they reach Strasbourg, they are pumped into storage tanks, piped into manufacturing equipment, tested, sterilized, and compressed into compacts. The plastic components and paper packaging are produced in the Czech Republic and shipped to Strasbourg. The finished product is inspected and shipped to a warehouse in Cologne, Germany. Research each of Deming's 14 points for management. Then, on the Discussion Board, include the following items: • Which of the points do you think are most important, and why? • If management were to implement one of Deming's points each year, do you believe that this methodology would be effective? Why or why not? • Create an ideal process map with minimal waste. How will the new process meet each of Deming's 14 points?

Entity Relationship Diagrams ERDPlus Diagrams Computers Database Solved Practice

Entity Relationship Diagrams ERDPlus Diagrams Computers Database Solved Practice

Business Venture, management assignment help

In this assignment, students will learn the concepts surrounding innovation, sustainability, cultural diversity, and e ...

Business Venture, management assignment help

In this assignment, students will learn the concepts surrounding innovation, sustainability, cultural diversity, and elements of conducting business in the global marketplace. Students will analyze and design a new business division based on the Fortune 100 or 500 organization chosen. The new business division is part of the student's past or current position held within the organization. Assignment Steps Resources: Exploring Management: Ch. 15, Ch. 16, Ch. 17; University Library; Week 2 videos Navigating Our Global Future, The Era of Open InnovationConsider your position as a manager. As a manager, you are researching a Fortune 100 or 500 organization's profile that your current organization is going to collaborate with and create a new division. Conduct a minimum 875-word analysis in which you explain the importance of innovation, sustainability, cultural diversity, and global management and how these factors are essential to the new division. Include the following:Describe how innovation, sustainability, cultural diversity, and global management affect organizational performance and achieve competitive advantage.Explain how innovation, sustainability, cultural diversity, and global management align and guide the strategic direction of the organization.Cite at least two peer reviewed references, one may be your textbook and at least one must come from the University of Phoenix

Ohio State University Analytical Techniques of Beethoven Questions

Need 500 word answer #11) What is the interrelationship between a terrorist group’s cause (their ‘motive’) and the � ...

Ohio State University Analytical Techniques of Beethoven Questions

Need 500 word answer #11) What is the interrelationship between a terrorist group’s cause (their ‘motive’) and the ‘message’ they are trying to send by conducting an attack on innocents? [if any]2) What do the London Subway bombings in 2005 highlight about the terrorist attack cycle and the means (tools) employed by international terrorists?Need 500 word answer #21) In your own words describe the differences between a fundamentalist, an extremist, and a terrorist.2) Describe at least two modern catalysts that have enabled Salafi-Jihadis to become a worldwide international terrorist movement. Need 500 word answer #31) What were the key factors and conditions that allowed Osama Bin Laden to create al Qaeda and build it into a global jihadi terrorist powerhouse network?2) Compare and contrast the core al Qaeda group (AQ central) with that of the so-called Islamic State or ISIS.Need 500 word answer #41. If you could go back in time and serve on the National Security Council staff of the President what changes would you recommend either President Bush make to his 2003 National Strategy for Combating Terrorism or President Obama make to his 2011 National Strategy for Counter Terrorism? 2) What measures or metrics do you think would be most effective in determining if a counter terrorism strategy is appropriate and working Need 500 word answer #51) Now that both al Qaeda and ISIS have become parent organizations, which franchise or affiliate of AQ or ISIS do you feel is the greatest threat to the U.S. Homeland? 2) Both AQ and ISIS have demonstrated the ability to adapt as well as recover from major military offensives. Can you picture a day when AQ and ISIS could get over their differences and merge? .Need 500 word answer #61) When it comes to developing and evaluating counterterrorism and homeland security policies, programs and protocols, is there an appropriate mix of offensive overseas actions and defensive security measures, and what criteria for evaluation do you think are most relevant?2) If terrorism is really a tactic or technique to gain attention for a cause (a means of communication) what are your thoughts on prosecuting a "War On Terror? Is this helpful or a detractor for counter terrorism? Need 500 word answer #71) What new or innovative types of terrorist attacks or approached do you expect to see surprise the United Stated in the next 5 years?2) What is the National Strategy for Counterterrorism (2018) lacking when it comes to future terrorist threats? What aspects should be adjusted or added to make the NSCT future focused?

Similar Documents

2 Discussion Posts: MNGT 377 Production/Operations Management

Description:Making Vaccine BottlesCombating the Covid-19 pandemic is at the top of the global agenda. Providing vaccines t...

SPEAV181 US Policy Administration Study Guide Assignment

This is a study guide for my US Policy final. To comnplete this study guide you will need to have jowledge of United State...

University Canada West Coca Cola Change Management Paper

Team Paper (15%)Design of a change management plan. Select an example from your own experience or from credible sources of...

Human Resource Management And The Affordable Care Act Discussion

HRM and the Affordable Care ActIn 2010, the US Congress passed and President Obama signed into law the Patient Protection ...

Bowie State From a 9 Billion Valuation to Federal Court Presentation

Please see attachment of the instructions below.Title: From a $9 Billion Valuation to Federal CourtII. IntroductionScenari...

A short Assignment

Answer all the questions.1. The long-time community grocery market Ingram's was recently sold and the name changed to The...

Wbs Structure Ans

Project managers must plan appropriately to accomplish the organization's contract and corporate objectives. A plan needs ...

Google Recruitment Strategy

After reading and understanding the explanations from Lisa Stern Haynes, I incline towards the approach Google is using. T...

Supply Chains And Distribution Channels

Supply Chain is the flow of goods and services involving the movement of raw materials from the supplier to manufacturer t...

Study help

Our tutors provide high quality explanations & answers.

Post question

7 pages

Typically, a quality improvement plan refers to a formal strategy used by organizations to evaluate the performance by ide ...

Typically, a quality improvement plan refers to a formal strategy used by organizations to evaluate the performance by identifying areas that need to ...

Globalization, business and finance homework help

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions wit ...

Globalization, business and finance homework help

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.Review this link and research a multinational corporation (this link can be a helpful starting point). Then, answer the following questions:How do the changing technology and the falling barriers to trade and investment reflect the success of this company? How does the company show corporate social responsibility in terms of labor conditions, human rights, fair trade, and the environment? What actions can a multinational corporation take that would make globalization a positive development for the global economy?

Operations Management

Length 1000 – 1500 words The transportation costs for the Ultamyacin are high, but so are the costs of building an en ...

Operations Management

Length 1000 – 1500 words The transportation costs for the Ultamyacin are high, but so are the costs of building an entirely new manufacturing facility. A description of the processes is listed. The company does not know how to proceed but is beginning to embrace TQM thinking. To encourage this new direction, you want to bring more information and analysis to the next management meeting. You believe Deming's steps could be applied here, as well as process mapping to determine what the company should do next. Be sure to use all five symbols, Operation (O), Transport (>), Inspect (□), Delay (D), and Store (□). Current Pressed Face Powder Production Process: Raw materials are received at the Minnesota facility. They are transferred to bulk storage tanks, tested for perity and toxins, and then air flown into a tank. They wait until a tank truck can ship it to Puerto Rico, they are inspected at customs and at the factory and are transferred to storage tanks in Puerto Rico. They are then purified, distilled, and mixed with other chemicals and colors. They are transferred to storage tanks, and then later, transferred into containers, where they are shipped to Strasbourg France. At the port they are inspected and transferred to trucks, and when they reach Strasbourg, they are pumped into storage tanks, piped into manufacturing equipment, tested, sterilized, and compressed into compacts. The plastic components and paper packaging are produced in the Czech Republic and shipped to Strasbourg. The finished product is inspected and shipped to a warehouse in Cologne, Germany. Research each of Deming's 14 points for management. Then, on the Discussion Board, include the following items: • Which of the points do you think are most important, and why? • If management were to implement one of Deming's points each year, do you believe that this methodology would be effective? Why or why not? • Create an ideal process map with minimal waste. How will the new process meet each of Deming's 14 points?

Entity Relationship Diagrams ERDPlus Diagrams Computers Database Solved Practice

Entity Relationship Diagrams ERDPlus Diagrams Computers Database Solved Practice

Business Venture, management assignment help

In this assignment, students will learn the concepts surrounding innovation, sustainability, cultural diversity, and e ...

Business Venture, management assignment help

In this assignment, students will learn the concepts surrounding innovation, sustainability, cultural diversity, and elements of conducting business in the global marketplace. Students will analyze and design a new business division based on the Fortune 100 or 500 organization chosen. The new business division is part of the student's past or current position held within the organization. Assignment Steps Resources: Exploring Management: Ch. 15, Ch. 16, Ch. 17; University Library; Week 2 videos Navigating Our Global Future, The Era of Open InnovationConsider your position as a manager. As a manager, you are researching a Fortune 100 or 500 organization's profile that your current organization is going to collaborate with and create a new division. Conduct a minimum 875-word analysis in which you explain the importance of innovation, sustainability, cultural diversity, and global management and how these factors are essential to the new division. Include the following:Describe how innovation, sustainability, cultural diversity, and global management affect organizational performance and achieve competitive advantage.Explain how innovation, sustainability, cultural diversity, and global management align and guide the strategic direction of the organization.Cite at least two peer reviewed references, one may be your textbook and at least one must come from the University of Phoenix

Ohio State University Analytical Techniques of Beethoven Questions

Need 500 word answer #11) What is the interrelationship between a terrorist group’s cause (their ‘motive’) and the � ...

Ohio State University Analytical Techniques of Beethoven Questions

Need 500 word answer #11) What is the interrelationship between a terrorist group’s cause (their ‘motive’) and the ‘message’ they are trying to send by conducting an attack on innocents? [if any]2) What do the London Subway bombings in 2005 highlight about the terrorist attack cycle and the means (tools) employed by international terrorists?Need 500 word answer #21) In your own words describe the differences between a fundamentalist, an extremist, and a terrorist.2) Describe at least two modern catalysts that have enabled Salafi-Jihadis to become a worldwide international terrorist movement. Need 500 word answer #31) What were the key factors and conditions that allowed Osama Bin Laden to create al Qaeda and build it into a global jihadi terrorist powerhouse network?2) Compare and contrast the core al Qaeda group (AQ central) with that of the so-called Islamic State or ISIS.Need 500 word answer #41. If you could go back in time and serve on the National Security Council staff of the President what changes would you recommend either President Bush make to his 2003 National Strategy for Combating Terrorism or President Obama make to his 2011 National Strategy for Counter Terrorism? 2) What measures or metrics do you think would be most effective in determining if a counter terrorism strategy is appropriate and working Need 500 word answer #51) Now that both al Qaeda and ISIS have become parent organizations, which franchise or affiliate of AQ or ISIS do you feel is the greatest threat to the U.S. Homeland? 2) Both AQ and ISIS have demonstrated the ability to adapt as well as recover from major military offensives. Can you picture a day when AQ and ISIS could get over their differences and merge? .Need 500 word answer #61) When it comes to developing and evaluating counterterrorism and homeland security policies, programs and protocols, is there an appropriate mix of offensive overseas actions and defensive security measures, and what criteria for evaluation do you think are most relevant?2) If terrorism is really a tactic or technique to gain attention for a cause (a means of communication) what are your thoughts on prosecuting a "War On Terror? Is this helpful or a detractor for counter terrorism? Need 500 word answer #71) What new or innovative types of terrorist attacks or approached do you expect to see surprise the United Stated in the next 5 years?2) What is the National Strategy for Counterterrorism (2018) lacking when it comes to future terrorist threats? What aspects should be adjusted or added to make the NSCT future focused?