Introduction The aim of this report is to understand the consumer’s behaviour and consumer’s perception on IKEA home office furniture and market strategies in terms of brand awareness‚ design‚ price and service. As the consultants of IKEA Company we found from the secondary research that the number of self employed people at home increasing steadily and most of them work at home (Mintel report 2006). The market trend is that people working at home‚ with technological advances and more businesses
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Country Profile and PESTEL Analysis Political Factors Romania is an independent parliamentary republic with judicial‚ executive and legislative branches of government. the president serves as Romania’s chief of state. the prime minister serves as the head of the government and is appointed by the president with the consent of the parliament. the capital city is Bucharest. in accordance to risk assessment‚ Romania has low political risk. after the falling of communist regime‚ Romania has
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Today if you look at the music industry most females are singers. Most band if there is a female in the group they are most of the time the singer or a guitarist. There aren’t many female drummers in the music industry‚ but the past few years there has been more female drummers and females getting into drumming. Of the people behind the scenes of the industry‚ women make up less than half of the worker. There are hardly any female A&R (Artists and Repertoire) workers. Females have been underrepresented
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Pestel analysis : Banking sectorPresentation Transcript * 1. PESTEL ANALYSIS- BANKING SECTOR ABHINAV SAINI AKANKSHYA BISHWAL BIPIN KUMAR GAURAV SHARMA PANKIT MAHENDRU RISHIKA MAHESHWARI * 2. The banking system remains‚ as always‚ the most dominant segment of thefinancial sector. Indian banks continue to build on their strengths under theregulators watchful eye and hence‚ have emerged stronger. The banking sector in India has made significant progress in the last five years –the growth is
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highest yield over the past seventy years. The real challenge is to find a stock that is both profitable and safe‚ which I do using fundamental analysis. My long term strategy looks at ways to measure the safety of companies. In a world with dozens of startups erupting every day‚ the company must have a large market cap to ensure dominance over the industry. In addition‚ the company should have a modest P/E ratio‚ one of at least less than the average P/E ratio in the sector. This generally prevents
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Effects of Illegal Downloading on the Music Industry Illegal downloading is commonly known as piracy‚ it describe that the steeling music from artists‚ songwriters‚ musicians‚ record label employees and others whose hard work and great talent who make music possible. Nowadays‚ downloading music is available for everyone on internet. However‚ it is still illegal. Downloading music on internet is what most people are doing because they do not have to pay‚ and they can choose only the songs they
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The Internet’s Effect on the Music Industry The internet has had a big impact on the workings and revenue of the music industry. It has forced the industry to change and adapt (Blethen). These changes have had both positive and negative effects on the music industry‚ effecting all people within the business (Mansfield). Some people share the opinion that the industry having trouble and is in turmoil (Sloan). Others think that the internet has helped the industry with its growing success and will
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economical‚ socio-cultural and technological issues of Amazon‚ which is called PEST analysis. It’s a simple business measurement tool but important and widely used that helps understanding the market growth. Political point of view Amazon arrived in China in 2004. Implementing itself in China was not a simple task to do. Even if the firm was number one in all the countries it was already implanted in (the US‚ the UK‚ France‚ Germany‚ Canada‚ Japan)‚ Amazon had to follow a certain kind of rules
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Competitiveness of Automotive Industry in the UK 1. Introduction The automotive industry which has been treated as an imperative contributor to the global economy‚ plays an essential role supporting the growth of the UK’s economy. According to the figure provided by OICA (2009)‚ in 2008 this industry produced roughly 1‚649‚515 automobiles‚ ranking it 4th in Europe in terms of the whole output. Until now‚ there are about forty firms manufacturing vehicles in UK (LowCVP‚ 2010). In accordance with
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The sociocultural environment encapsulates demand and tastes‚ which vary with fashion‚ disposable income‚ and general changes‚ can again provide both opportunities and threats for particular companies (Thompson‚ 2002; Pearce and Robinson‚ 2005). Over-time most products change from being a novelty to a situation of market saturation‚ and as this happens pricing and promotion strategies have to change. Similarly‚ some products and services will sell around the world with little variation‚ but these
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