Explain for ikea with Harvard referencing

Topic$-$ Responding to the changing Business environment

$1.$ Review business resources and external factors and trends to identify where business performance could be positively or negatively affected. Mention the positive effects like a large number of outlets across the countries. Mention negative impacts tough competition from the local retailers in terms of price.

$2.$ Recommend responses to external factors and trends. Explain the food court concept as a response.