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3 years ago

Describe the key elements of IKEA’s globally successful business model. What are the sources of IKEA’s competi-tive advantage?

Business

1 answer:

elena-14-01-66 [18.8K]3 years ago

7 0

Answer:

following are the solution to this question:

Explanation:

The key factors for IKEA's growth are as follows:

It made simple to use goods as well as the technique of "do it yourself" allows employees to increase costs lower, prices fair, a good understanding of the population it wants to target, goods clean with a clear aesthetics.

These were also regarded for fair payer money for staff and vendors, as well as the mechanism is open. Its shops also provide accommodation for the whole family.

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Yakvenalex [24]

Answer:

Facilitating.

Explanation:

This is explained as making easy or easing a process.

Facilitation is about taking responsibility for making meetings as easy and effective as possible.

We have particularly focused on facilitation of consensus decision making. Consensus a process that involves everyone who is fundamentally affected by a decision. The aim is to reach an agreement they can all support. However, the facilitation tips in this guide apply to any meeting that you want to be inclusive and effective.

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3 years ago

if you exercise sound reasoning to analyze issues by obtaining and interpreting facts and data, you are demonstrating which comp

Sav [38]

If an individual exercises sound reasoning to analyze issues by obtaining and interpreting facts and data, the person is demonstrating critical thinking/problem-solving competency.

Competency refers to the characteristics or skills that improve the performance of a particular job.

It should be noted that a person that has critical thinking/problem-solving competency will be able to make sound reasoning in order to analyze issues, make decisions and overcome problems.

Such a person is able to interpret facts and data in analyzing a decision. The person also demonstrates inventiveness and originality.

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2 years ago

how the equilibrium price and quantity change when a change in demand occurs and the supply stays constant, and when a change in

Licemer1 [7]

Answer:

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3 years ago

Eliminating double-taxation would likely:________.

ludmilkaskok [199]

Answer:

a. raise saving and primarily benefit people with lower incomes.

Explanation:

Double taxation may be defined as the tax system where the tax is levied twice on the income. It is the tax principle refers to tax income that is paid twice on same source of income. It pronounced a negative economic impact, mainly on the wages. Thus eliminating the system of double taxation would ensure more savings and it will people with lower wages or incomes.

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3 years ago

Cullumber Corporation has announced that its net income for the year ended June 30, 2017, was $1,353,412. The company had EBITDA

valentinak56 [21]

Answer:

See below

Explanation:

Net income = $1,353,412

Tax rate is 34% hence the company's EBT amount is calculated as

EBT = $1,353,412 / 0.66 = $2,050,624.24

Add back Depreciation and amortization to the EBT

= $2,050,624.24 + $1,128,000

= $3,178,624.24

The difference between the above and EBITDA amount will be the interest expense for the year

= $4,948,000 - $3,178,624.24

= $1,769,375.76

Therefore, the interest expense is $1,769,375.76

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3 years ago