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Essay heading: IKEA
Essay specific features
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Business |
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| Date added: |
March 12, 1998 |
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| No of pages / words: |
5 / 1269 |
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0 times |
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Essay content:
What makes IKEA's position so interesting is the unique flexibility it has in striking this balance. As a privately held company owned entirely by one of the world's wealthiest families, IKEA is not bound by demands from shareholders desiring maximum quarterly returns or pension fund investors needing to secure steady and maximized incomes... displayed 300 characters
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IKEA's owners can afford to experiment with change and innovation, and to find the formula to ?do it right'. Their choices reflect not only the owners' personal values, but the values of two very different cultures confronting one another. On the one hand Lutheran Swedish culture reflects a Protestant ethic that infused capitalism with its spirit of maximizing personal wealth... displayed next 300 characters
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