Globalisation's Influence on IKEA's Governance and Functions
VerifiedAdded on 2021/01/02
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Report
AI Summary
This report provides a comprehensive analysis of the impact of globalisation on IKEA, a multinational furniture retailer. It examines the influences of globalisation on organizational governance, leadership, structure, culture, and functions, utilizing the McKinsey 7S model to evaluate global market impacts. The report further assesses the influences of ethical and sustainable globalisation on organizational functions, highlighting factors such as loyalty and individual behavior. It also explores decision-making processes and various routes to internationalization, while incorporating Hofstede's cultural dimensions to understand cultural differences. The report emphasizes the importance of ethical considerations, including business ethics and sustainability, within IKEA's global operations, providing insights into how the company navigates the complexities of the global market.
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