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What is the mission statement of IKEA stores?
IKEA clearly stated in its mission statement its strategy; IKEA has built its cost leadership position, and furnish the customer with a high quality product with components derived from all over the world utilizing competitive advantages, low cost logistics, and large retail outlets in suburban areas.
How is IKEA successful in the global market?
By 1997 about 1/3 of IKEA furnishers were designed for US market. The company is generating huge profits from American market but European market has a bigger share in this profit. IKEA is one of the best example of a firm, successful in both Scandinavian and global market.
What is the communication strategy of IKEA company?
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Last Update: Oct 2021
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