International Business IKEA-Case 30-09-2011 Questions and answers 1. What are the core competencies and end products of IKEA? How are they linked with each other? The core competencies of IKEA‚ these are the things where IKEA is good at‚ are producing low-cost products and still adapting to the local circumstances. That means that IKEA tries to adapt to local requirements in every new country‚ while trying to retain its low-cost strategy. This objective caused serious challenges for IKEA in a number
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IKEA case 1) Marianne Barner‚ IKEA business area manager for Carpets‚ should definitely accept the invitation to appear on the upcoming broadcast of the German video program. Indian rugs account for a small part of IKEA`s turnover‚ maintaining IKEA’s reputation‚ brand and image is imperative. Thus‚ Barner must act according to Item 8 of “A Furniture Dealer`s Testament” – “Taking responsibility – A Privilege”. During the video program Miss Barner must admit in calm and cooperative way even when
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This is shown in Tyler’s management style. He makes his managers run the organization with strict control‚ or as he phase it‚ a “tight ship.” The president (Tyler) does what he wants because all the decision-making power is in his hand (centralized). Acme has a very detailed organization charts and job descriptions. This is because Tyler believes that everyone should have clear responsibilities and narrowly defined jobs. Finally‚ there is vertical communication in the company. Departments don’t interact
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Business Ethics at Acme Corporation Mr. Frank Garcia was a new salesman at Acme Corporation. At Acme Corporation the corporate culture was top down or hierarchal and Garcia quickly learned that because of the competitive nature of the medical supplies industry few mistakes were tolerated. One of his very first sales clients was Mr. Otis Hillman‚ the buyer for Thermocare‚ a national hospital chain. The sale was a huge success resulting in a $500‚000 contract for Acme and an additional bonus of
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Talking a quick brief on the case ‚ basically this case shows the continuous crisis where IKEA faces through its growth around the world. IKEA as a major furniture manufacture faces some challenges along the way of growth worldwide. As the Brand start to evolutes ‚ and its values start to be understood and being put to test‚ NGOs ‚ journalists‚ movie makers and governmental start putting those value in the uncomfortable zone. Asking IKEA if these are slogans or if they real work believing those
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Business Ethics Title of Assignment: Term Paper Whistle Blowing This assignment was done in partial fulfillment of the requirements of the Finance Major course (BBA 4) Term paper (GROUP ASSIGNMENT) THE PAPER WILL REQUIRE SOME RESEARCH AND CRITICAL REFLECTION ON WHAT HAS BEEN COVERED IN THE LECTURES AND TUTORIALS. The term paper will be on a topic of interest to the student‚ but requires the approval of the tutor. You may choose a topic from current issues in the news‚
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faced by Acme Corporation? -Acme Corporation faces the ethical issue of bribery in order for buyers to purchase their products. This type of behavior can cause the corporation million dollars of fees and decline of consumer trust. Moreover‚ if outsiders get a word of Acme’s misconduct‚ the corporation can loose large portion of revenue and damage its reputation. What should Acme do if there is a desire to make ethics a part of its core organizational values? -In order for Acme Corporation
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The Paradoxical Twins: Acme and Omega Electronics1 Part I In 1984 Copitronics of Cleveland‚ Ohio was purchased by Global Xerograph (GX)‚ a global manufacturer of copying machines. GX had no interest in the electronics components division of Copitronics. The two manufacturing plants that produced electronic components for copiers and other devices were sold. One plant‚ located in western Pennsylvania‚ was purchased by former Copitronics managers and renamed Acme Electronics. Most of the plant personnel
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Week 5 Assignment Deliver the Value: IKEA Case Study IKEA is a Swedish-owned global business founded in 1943. The business generates annual revenues of 27 billion euros and employs 139‚000 people in 298 stores and 26 countries. The values and design philosophy of the founder continue to underpin the brand. These values might be summed up as frugal‚ democratic‚ environmentally aware‚ and design oriented. IKEA has become synonymous with Swedish lifestyle. The stores are virtually identical across
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Firstly The IKEA organizational structure isn’t very hierarchical‚ everyone is treated equal. An example of this is that managers and regular employees (these are actually referred to as Co-workers) wear the same blue & yellow outfits. Managers are expected to do the same things regular employees have to do‚ so managers and employees stock the shelves together. The organization really treats their employees very well. IKEA is a really big corporation they have stores all over the world‚ including
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