The Study Of IKEA - did
The bargaining power of suppliers are low due to the large number of suppliers, which limits the bargaining power of suppliers. IKEA can easily switch from one to another. But if the suppliers deny to supply raw material then it will be difficult for IKEA to manage the situation. The barraging power of customers is high because of the presence of numerous competitors operating in the similar market and providing a range of similar products, which could attract the customers more easily. The threat of new substitute for the company is low, behind which, one of the reasons is its brand image as IKEA has successfully establish reputable brand image globally. The strategies of IKEA, such as: lower cost, innovative design, people and positive planning makes it differentiated in the competitive market. Pratap, Entry of rivalry is moderately high. The competition of market share is not that much hugher in comparison to other industries, but still IKEA has facedtough competition to retain its good market image. The Study Of IKEA
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Being introduced to this uh twelve-month experience, we have all definitely increased uh consideration about being sustainable. Some of the things that I really like are the solar lights that are in the garden. They charge up during the day and then they light up my garden at night. We're tracking the usage of our solar on the carbon track app.]
The happiness to me has changed!