YEAR 11 BOM PROJECT AND PRACTICAL WORK YEAR 11 BOM PROJECT AND PRACTICAL WORK IKEA REPORT KIT WOOD IKEA REPORT KIT WOOD Statement of Authorship: I certify that the work submitted as part of this assignment is my own and that any externally obtained assistance or sources is acknowledged. I am also aware that plagiarism can result in severe penalties. Signature of Student: ……………………………………………………………………………………….. Date:………………………………………………………………………………………………………………... Statement of Authorship:
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IKEA INDIA EXECUTIVE SUMMARY: IKEA originated in 1943 by a 17 year old Ingvar Kamprad using his entrepreneurial skills selling items out of a catalog and continued to expand where his stores is located in more than 30 countries currently. IKEA sells furniture and other household products at a very low price so that everyone can afford them. IKEA is always looking to save money on their packaging‚ costs‚ and any other opportunity they get to save money. As a team we thought it would be most beneficial
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have evolved over time and share.”(Briscoe and schuler‚ 2004) “ Collective programming of the mind which distinguishes the members of one group or people from another.”(Hofstede‚1991) General Presentation of IKEA 3 IKEA was found by Ingvar Kamprad in 1943 in Almhult‚ Smaland‚ Sweden. IKEA concept is focused on producing low price home furnitures. The products are designed‚ manufactured‚ transported‚ sold and assembled. The products are the same designed and sold world wide(one suit all)
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Abstract A good number of people dreams to have their own company; the biggest part of them does not really know the responsibilities and the stakes of this project. If someone wants to start his company‚ there are a lot of things that they should know because it ’s very hard. This essay was written after a long research about different topics related to entrepreneurs‚ the common characteristics and traits that lead a successful career. This paper will describe what it takes to be an entrepreneur
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Procedures and methods for payment and different type of delivery. Introduction Introduction to company IKEA is a global German company originally founded in Sweden in 1943 by 17-year old boy – Ingvar Kamprad. The name of the company in an acronym of initials of the founder (Ingvar Kamprad)‚ farm where he was born and grew up (Elmtaryd) and his hometown in Smaland‚ South Sweden (Agunnaryd). It is positioned on the designing and selling self-assembling furniture‚ home accessories and wide
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References: Bartlett‚ C. & Nanda‚ A. (1996). Ingvar Kamprad and IKEA. Boston‚ MA: Harvard Business School Publishing. Capell‚ K. (2005). How The Swedish Retailer Became A Global Cult Brand‚ Business Week Retrieved from http://www.businessweek.com Chancellor MBA 6110 http://chancellor.angellearning.com
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combination of quality and cost-efficiency in the production and sales of items. Additionally‚ there are features in every store to mitigate the furniture shopping process‚ including child playrooms and Swedish Cafés. IKEA was founded by 17-year-old Ingvar Kamprad in 1943‚ the flagship store opened in Stockholm in 1965‚ and today (as of 2002) there are 154 stores in 22 countries. The company’s success and customer approval rates are exceptional; though there are weaknesses and room for growth in IKEA’s
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advertising expenditure? Should IKEA Expand further in the United States or Focus on Other Countries? Tuesday‚ July 3‚ 12 Overview 1943 1945 1948 1951 1953 1958 Tuesday‚ July 3‚ 12 Overview IKEA was founded by 17-year-old Ingvar Kamprad in Sweden. 1943 1945 1948 1951 1953 1958 IKEA started with small home accessories: pens‚ wallets‚ picture frames‚ table runners‚ watches‚ jewelry‚ and nylon stockings. Tuesday‚ July 3‚ 12 Overview 1943 1945
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ea in ASIAN CASE RESEARCH JOURNAL‚ VOL. 11‚ ISSUE 1‚ 1–21 (2007) ACRJ This case was prepared by Dr Li-Qun Wei of the Hong Kong Baptist University and Dr Xi Zou of The Chinese University of Hong Kong as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative or business situation. Please address all correspondence to Dr Li-Qun Wei‚ Department of Management‚ Hong Kong Baptist University‚ Kowloon Tong‚ KL‚ Hong Kong‚ E-mail: weiliqun@hkbu
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attitudes. Bill Moggridge‚ the director of the Cooper-Hewitt Design Museum‚ calls IKEA’s aesthetic “global functional minimalism.”. The main office of IKEA is Älmhult‚ a small village on Sweden’s southern peninsula. There‚ in 1953‚ IKEA’s founder‚ Ingvar Kamprad‚ who is now eighty-six‚ opened the first IKEA store. As of October 2011‚ IKEA has 332 stores in 38 countries and most of which are IKEA owned‚ but several have been sold off to franchisees‚ and left in their capable hands. IKEA ’s vision is to
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