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Ikea Business Essay

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Ikea Business Essay
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:
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:………………………………………………………………………………………………………………...
008146

DRAFT DUE DATE: 19 APRIL 2013

FINAL DUE DATE: 3 MAY 2013
008146

DRAFT DUE DATE: 19 APRIL 2013

FINAL DUE DATE: 3 MAY 2013

Table of Contents 1.0 Introduction 2 1.1 IKEA History 2 1.2 Organisations 3 1.3 IKEA as a Company 4 2.0 Objectives and Goals 5 2.1 Mission Statement 7 2.2 IKEA’s Mission Statement 8 3.0 Legal and Financial Undertakings 9 3.1 Types of Businesses 9 3.2 Types of Finance 10 3.3 Legal Undertakings 11 4.0 Organisational Structure 12 4.1 IKEA’s Organisational Structure 13 5.0 External Factors/Forces 14 5.1 IKEA as an Open System 15 6.0 Stakeholders 17 6.1 IKEA’s Internal Stakeholders 18 6.2 IKEA’s External Stakeholders 18 7.0 Evaluation of Business Success 20 7.1 SWOT Analysis 20 7.2 IKEA’s SWOT Analysis 21 7.2 Efficiency and Effectiveness 22 7.3 Social Responsibility 23 8.0 Recommendations 25 9.0 Conclusion 27 Appendix 1 29 Appendix 2 30 Appendix 3 31 Appendix 4 34 Bibliography 35

1.0 Introduction

IKEA is one of the most recognized furniture brands all over the world. It appeals mostly to the young and hip audience, as it



Bibliography: Department, B. (2013, March 3). Nature of Businesses. Retrieved March 20, 2013, from Grace Luthereran College. Government, A. (N/D). Corporations Act 2001. Retrieved March 14, 2013, from Australian Government: ComLaw: http://www.comlaw.gov.au/Details/C2013C00003 Kokemuller, N Mallanor, J. (2008). What is UNDERTAKING? Retrieved April 4, 2013, from The Law Dictonary: http://thelawdictionary.org/undertaking/ Noris, B Petterson, D. T. (2011). IKEA: Global Expansion. New South Wales: IKEA Australia. Reh, J. (2008, March 1). Key Performance Indicators (KPI). Retrieved March 15, 2013, from About.com: http://management.about.com/cs/generalmanagement/a/keyperfindic.htm Rowan, J Smith, B. (2009, December 21). Set Goals and Objectives in Your Business Plan. Retrieved March 10, 2013, from For Dummies: http://www.dummies.com/how-to/content/set-goals-and-objectives-in-your-business-plan.html Unknown Unknown. (2006, September 14). Organization as Open Systems. Retrieved March 14, 2013, from Zainbooks: http://www.zainbooks.com/books/management/organization-development_16_organization-as-open-systems.html Unknown

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