Question: 1. List IKEAs external and internal challenges. Looking at IKEAs challenges, which ones do you think pose the greatest threat? Why? How would you address

1. List IKEA’s external and internal challenges. Looking at IKEA’s challenges, which ones do you think pose the greatest threat? Why? How would you address the challenges?

2. Walmart entered a period of difficulties after Sam Walton stepped down. Do you anticipate IKEA having the same leadership transition challenges? Why or why not?

3. Did it surprise you to learn that both a developed country (the United States) and also emerging economies (i.e., China and Russia) are the fastest-growing international markets for IKEA? Does this fact pose any challenges in the way IKEA ought to compete across the globe? Why or why not?

4. What can IKEA do to continue to drive growth globally, especially given its strategic intent to double annual store openings?

5. Assume you are hired to consult IKEA on the topic of corporate social responsibility. Which areas would you recommend the company be most sensitive to, and how should these be addressed?

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1 Internal Challenges Replacing Mr Ingvar Kamprads leadership at the company Keeping costs low Standardized products Replacement of wood Finding suppliers Maintaining an appealing design of products M... View full answer

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