1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kitty [74]
3 years ago
7

IKEA is very Sweden-centric; that is, they like doing it the Swedish way, from the names of the furniture to the management of t

he company. Sweden is a neutral country, so maybe this is the way to go for a global company, but is smart to be too centric to a specific country when you are a global corporation
Business
1 answer:
leonid [27]3 years ago
7 0

Answer:

It can be a smart strategy if the country has a significant amount of soft power (power not on military or economic terms, but on cultural and social terms).

Explanation:

For example, Sweden is a country that enjoys a high level of prestige around the world, because it is a very well developed country, with a very high standard of living, an economic model that many people admire (the Nordic Model), and several cultural exports like Volvo cars, or ABBA, that enjoy popularity around the world.

IKEA, in that sense, is like another Swedish cultural export, and when people go to an IKEA, they go expecting to find something "Swedish", so in this sense, the strategy can clearly pay off because of the soft power that Sweden has.

You might be interested in
Using the following information, estimate Rogue Outdoors annual or monthly market demand for adult hiking shoes: Number of 18-65
8_murik_8 [283]

Answer:

Rogue Outdoor’s break-even point in units and dollars is 720 units and $72,000 respectively.

Explanation:

In this question we use the formula of break-even point in the unit which is shown below:

= (Fixed expenses) ÷ (Contribution margin per unit)

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $100 - $50

= $50

Now put these values to the above formula  

So, the value would equal to

= $36,000 ÷ 50 per units

= 720 units

And, the formula of break-even point in dollars which is shown below:

= (Fixed expenses) ÷ (Contribution margin ratio)

where,  

Contribution margin ratio = (Contribution margin ÷ selling price per unit) × 100

where, Contribution margin =  Selling price per unit - Variable expense per unit )

= $100 - $50

= $50

So, the contribution margin ratio = 50%

Now put these values to the above formula  

So, the value would equal to

= $36,000 ÷ 50%

= $72,000

4 0
3 years ago
robert jacobs and richard chase (2018). operations and supply chain management, 16th edition, mcgraw-hill. isbn 978-1-260-23890-
morpeh [17]

What was robert jacobs and richard chase (2018). operations and supply chain management, 16th edition; (COMPLETE QUESTION)

With a light emphasis on quantitative coverage, Operations and Supply Chain Management, 16e covers the full spectrum of Operations Management and Supply Chain. It offers pertinent and up-to-date Operations Management topics with an emphasis on economics and the global economy, analytics content that uses math models to link decisions to pertinent data, and proper problem-solving techniques.

This sixteenth edition gives students a set of more practical skills and tools as well as examples of what businesses are doing to gain a competitive advantage in the market. Reducing the cost of supply chain processes, integrating and collaborating with customers and suppliers, sustainability, and lowering the long-term cost of products and processes are all current business hot themes that pertain to operations and supply chain management.

TO know more about operations and supply chain management

brainly.com/question/5004551

#SPJ4

7 0
1 year ago
How much would you need to deposit in an account now, such that in 5 years your account will have increased to $8,000, assuming
VladimirAG [237]

Answer:

$6268.21

Explanation:

Future value = $8000

Interest(r) = 5%

Period (n)= 5 years

How much need to deposit?

Find the Present value:

PV = FV / (1+r)n

= 8000 / (1.05)5

= 8000 / 1.27628156

Present Value / Amount need to deposi today = $6268.21 approx

4 0
1 year ago
The difference between a secured loan and an unsecured loan is _____.
PSYCHO15rus [73]
D. a secured loan requires collateral and an unsecured loan does not
5 0
3 years ago
Read 2 more answers
Milton is the sales manager of a cosmetics company that offers a wide range of face creams, lipsticks, and eye makeup. some of t
posledela
To carry out this process of division of the <span>company's vast customer base into distinct segments so that the company's sales people can specialize in one line of business only</span>, it is necessary for Milton to possess sound market knowledge. Sound market knowledge involves knowledge, data and information about the product and about the customers.  With this type of market knowledge Milton will be able to meet external users wants and needs and to present them the product on a suitable way.  <span />
5 0
3 years ago
Other questions:
  • On january 2, fafnir co. purchased a franchise with a finite useful life of 10 years for $50,000. an additional franchise fee of
    9·1 answer
  • Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
    10·1 answer
  • Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s
    9·1 answer
  • The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash
    13·1 answer
  • Which of the following terms is correct?
    15·1 answer
  • GIVING AWAY BRAINLIST
    6·2 answers
  • In which situation would it be better to use a credit card instead of cash?
    14·1 answer
  • Alpha Corporation reported the following data for its most recent year: sales, $670,000; variable expenses, $420,000; and fixed
    11·1 answer
  • A high school plan acts as a ?
    13·1 answer
  • The applications of analytics are not just limited to business but extend to a wide-array of human activity.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!