BUSA 645 Week 5 Assignment Help | Abilene Christian University

BUSA 645 Week 5  Assignment Help | Abilene Christian University

BUSA 645 Week 5 Assignment 2 : Case Study: IKEA in 2013: Furniture Retailer to the World

·         Case Study: IKEA in 2013: Furniture Retailer to the World

o    Read IKEA study from Ch. 13 of the International Business text.

o    Answer the following questions in 250-500 words each:

1.      By the early 1970s IKEA had established itself as the largest furniture retailer in Sweden. What was the source of its competitive advantage at that time?

2.      Why do you think IKEA’s expansion into Europe went so well?  Why did the company subsequently stumble in North America? What lessons did IKEA learn from this experience? How is the company now applying these lessons?

3.      How would you characterize IKEA’s strategy prior to its missteps in North America?  How would you characterize its strategy today?

4.      What is IKEA’s strategy toward its suppliers? Explain how the role of strategic alliances with suppliers was an essential part of IKEA’s strategy to entering foreign markets.

5.      What is the source of IKEA’s success today? Can you see any weaknesses in the company? What might it do to correct these?

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