This paper looks at IKEA, one of the global leading furniture retailers and a very successful brand. It examines the environment in which IKEA operates using SWOT,
PESTEL, Porter’s 5 Forces and Value chain analyses to inspect the attractiveness and competitiveness of the industry. Conclusions are also made.
IKEA, SWOT; PESTEL; Porter’s Five Forces; Value chain analysis
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1. Introduction and Company overview............................................................... 3 2. PESTEL analysis................................................................................................ 3 2.1. Political.......................................................................................................................................................3 2.2. Economical................................................................................................................................................4 2.3. Social............................................................................................................................................................5 2.4. Technological...........................................................................................................................................5 2.5. Environmental.........................................................................................................................................5 2.6.
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