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Thursday, April 4, 2013

Cross Cultural Management in IKEA

As universe of discoursewideization steadily gains momentum in the corporate world, the acquaintance of cross cultural management has become looked upon as a necessity rather than an option. With virtually all business straightaway being conducted in or affected by the global environment, understanding management across borders is crucial for a flourishing companionship to operate. International managers must set about knowledge in all aspects of culture, including the countries economical, political, and legal functions. Containing more than 60 percent of the world?s population, no other culture is more authorized for managers to understand than the Asian culture (Jackson). The large continent of Asia is comprised of many an(prenominal) countries, each with their own unique cultures. Of these countries, China and Japan ar deuce global powerhouses in which much of the worlds businesses operate in. These two countries control a large portion of the worlds GDP and too are the leading exporters of the world. For this reason, IKEA, a Swedish piece of furniture company chose to expand their operations into these countries.

History of IKEAIKEA Group was founded in 1943 by Ingvar Kamprad in Southern Sweden. The company was started when Ingvar was only 17 long time old and noticed that many of the products people used could have been sold for a lot cheaper if they were bought from the right suppliers.

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Stemming from that idea, Ingvar began selling items such as pens, wallets, picture frames and jewelry that he bought from Polish suppliers. He sold anything that he felt he could get at a reduced price from over seas. Eventually, he organize the company IKEA, which was originated from his first and last initials of I and K on with the first letters of Elmtaryd and Agunnaryd, the farm and village he grew up in. (IKEA)Ingvar made a few strong connections with Polish furniture makers in...

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