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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.

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On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $284,000. The machine is expected to last five years and have a
harkovskaia [24]

Answer:198,800usd by the end of 2016

119,280usd by the end of 2017

Explanation: 2016 9 months depreciation percent 30%. Then 284,000*30%=85,200usd.

2017 12 months depreciation rate 40%. Then 198800*40%=79520.

198800-79520=119280

3 0
3 years ago
"The next dividend payment by Savitz, Inc., will be $1.48 per share. The dividends are anticipated to maintain a growth rate of
scoundrel [369]

Answer:

The correct answer is 10.48%.

Explanation:

According to the scenario, the given data are as follows:

Current price = $27

Expected dividend = $1.48

Growth rate = 5%

So, we can calculate the required return by using following formula:

Required return = (Expected Dividend ÷ Current Price ) + Growth rate

By putting the value in the formula,we get

Required return = ( $1.48 ÷ $27 ) + 5%

= 0.05481 + 0.05

= 0.10481 or 10.48%

6 0
3 years ago
Wotan owns 1,000 shares of a firm that has just announced an increase in its div- idend from $2.00 to $2.50 a share. the share p
irina1246 [14]
<span>Ans : Wotan can reinvest the whole amount ( 1000 X 0.50 = 500 ) in the stock. If the ex-dividend price is $ (150- 2.50) = 147.50, this should involve the purchase of 500/ 147.50 , or about 3 shares of the firm.</span>
3 0
3 years ago
Ratchet Manufacturing's August sales budget calls for sales of 8,000 units. Each month's sales are expected to exceed the prior
vlabodo [156]

Answer:

September sales in dollar 210,000

Explanation:

<u>To get the total dollar sales for September first, we need to calculate how many units are expected.</u>

The previous month, is August and we expect sales to grow at 5%

So we can calculate:

August sales in units 8,000

September = August + 5%

September = 8,000 x 1.05 = 8,400 units

<u>Now, we multiply by the selling price with september sales. This will be our total revenue</u>

8,400 units x $25 each = $210,000

4 0
3 years ago
According to the __________ model, a leader can adopt one of four leadership styles based on a combination of relationship (conc
Lemur [1.5K]

The correct answer would be, Situational, Ability and Willingness.

According to the Situational model, a leader can adopt one of four leadership styles based on a combination of relationship and task behaviors. The Appropriate style depends on the readiness level of the followers. A follower's readiness is based on his or her Ability and Willingness to do the work.

Explanation:

Depending upon the task and people, there are four main styles of leadership. These four styles are as follows:

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Each one of the above mentioned leadership styles is dependent upon the readiness of the followers under that leadership. When the followers are able to do the task given to them, and also are willing to do that task, then their readiness is perceived. So in all four styles, ability and willingness to do the work shapes the leadership style.

Learn more about the leadership styles at:

brainly.com/question/12383279

#LearnWithBrainly

6 0
3 years ago
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