Group-Assignment-Instructions - The IKEA Case IKEA is a privately held international home products company that designs and sells ready-to-assemble

Group-Assignment-Instructions - The IKEA Case IKEA is a...

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The IKEA Case:IKEAis a privately held, international home products company that designs and sellsready-to-assemble furniture such as beds and desks, appliances and home accessories.The company is the world's largest furniture retailer. Founded in 1943 by 17-year-oldIngvar Kamprad in Sweden, the company is named as an acronym comprising the initialsof the founder's name (Ingvar Kamprad), the farm where he grew up (Elmtaryd), and hishome parish (Agunnaryd, in Småland, South Sweden).The firm is known for the attention it gives to cost control, operational details andcontinuous product development, allowing it to lower its prices by an of average 2 to 3%over the decade to 2010, while continuing its global expansion.The groups of companies that form IKEA are all controlled by INGKA Holding B.V., aDutch corporation, which in turn is controlled by a tax-exempt, not-for-profit Dutchfoundation. The intellectual property of IKEA is controlled by a series of obscurecorporations that can be traced to the Netherlands Antilles and to the Interogo Foundationin Liechtenstein. INGKA Holding B.V. owns the industrial group Swedwood, which sources themanufacturing of IKEA furniture, the sales companies that run IKEA stores, as well aspurchasing and supply functions, and IKEA of Sweden, which is responsible for thedesign and development of products in the IKEA range. INGKA Holding B.V. is whollyowned by Stichting INGKA Foundation, which is a non-profit foundation registered inLeiden, Netherlands. The European logistics centre is located in Dortmund, Germany,

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