THE RETAILFORMULA FOR IKEA IN INDIA [pic][pic] Names and Relation numbers Group 12: Julian Hoffbauer: 86282 Anwar Mohi-ud-din: 66913 Sonja Bogacki: 83353 Susanne van Scherrenburg: 78940 Lecturer Mr. Oude Lohuis Mr. Boels Mrs. Wedrychowicz Mrs. Kooijenga Date 11/06/2009 EXECUTIVE SUMMARY The following report scans the various environments of India and includes a retail formula to determine if an expansion of IKEA to India would be preferable. It will
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GLOBAL MANAGEMENT NOTES – CLASS 4 Chapter 6 – 20 Chapter 3 – 20 Chapter 2 - 15 Chapter 1 – 15 q M/C // reading in textbook Global Dimensions of Management Chapter 3 – part 2 *know about Enron* Controlling the MNC’s * 1977 US Foreign Corrupt Practices Act prohibits American multinational corporations (MNCS) from engaging in bribery and corrupt practices abroad * 1998 Canadian Corruption of Foreign Public Officials Act makes it illegal for firms and their managers
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fone A British multinational telecommunications company HQ in London When solving the case‚ we need to look at: What is the case question? How do we understand the case company? What does theory tell us? What are the strategic implications? Case question: They are not making enough value of their international operations How to operate globally? Centralized or decentralized? Local adaptation or global integration? What industry is Vodafone operating in? Highly regulated Many competitors
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begun to require certification to global standards associated with quality and environmental management‚ such as ISO 9000 or ISO 14000. Others impose their own more demanding codes of conduct’ upon those who supply them with finished products or components for assembly. IKEA and the shower curtain manufacturer discussed previously are one example. After a manufacturer of some of their carpets was linked to child labor in the mid-1990s‚ IKEA developed "The IKEA Code of Conduct" for its suppliers
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Global Human Resource Management Chapter Outline Opening Case: Lenovo INTRODUCTION THE STRATEGIC ROLE OF INTERNATIONAL HRM STAFFING POLICY Types of Staffing Policy Expatriate Managers Management Focus: Managing Expatriates at Royal Dutch/Shell The Global Mind-Set TRAINING AND MANAGEMENT DEVELOPMENT Training for Expatriate Managers Repatriation of Expatriates Management Development and Strategy Management Focus: Monsanto’s
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DESCRIBE THE VISION‚ MISSION AND OBJECTIVES OF IKEA AND ALSO ITS TAGLINES. Based on our findings‚ the IKEAS’s vision‚ mission‚ objectives and its taglines are as follows: Vision: ‘’To create a better everyday life for the many people.’’ To meet this vision IKEA provides many well-designed‚ functional products for the home. Its prices its product low so that as many people as possible can afford to buy them. However‚ in creating low prices IKEA is not willing to sacrifice its principle‚ ‘Low
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We have analysed the IKEA case study "Managing cultural diversity" .Our analysis of key problems‚ recommendations and their limitations are summarised in the following document. HEADING Key problem #1: IKEA suffers from a lack of innovation and faces the possibility of offering a very similar product base. This is due in part to the lack of fresh blood in the organisation. IKEA’s policy of hiring the same genre of people leads to inhibiting diversity and innovation to meet change in new markets
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stakeholder view and that they have moral responsibilities that extend beyond a return for their shareholder. The Swedish furniture giant IKEA has received much respect from the entire world with regards to its CSR philosophy. The things that makes IKEA stand out is that despite its aggressive focus on cost cutting it has been able to combine this with global CSR issues which most companies find near impossible to do. The organisation alongside cost effectiveness has added an element of altruism
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Content Page INTRODUCTION -------------------------------------------------------------------------------- 4 Case study of IKEA ----------------------------------------------------------------------------- 5 - 6 * Introduction of Company SWOT ANALYSIS of IKEA ------------------------------------------------------------------- 7 - 8 EXTERNAL ANALYSIS (GENERAL ENVIRONMENT - PESTEL) ----------------- 9 - 10 * Explanation of General Environment * Political Forces * Economic Conditions * Socio-cultural
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ii Management Challenges for the 21st Century PETER F. DRUCKER Contents Introduction: Tomorrow’s “Hot” Issues 1 Management’s New Paradigms 2 Strategy—The New Certainties 3 The Change Leader 4 Information Challenges 5 Knowledge-Worker Productivity 6 Managing Oneself Acknowledgments About the Author Books By Peter F. Drucker Credits Front Cover Copyright About the Publisher iii Introduction: Tomorrow’s “Hot” Issues Where‚ readers may ask‚ is the discussion of COMPETITIVE STRATEGY
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