The case discusses about Sweden based IKEA's globalization strategies - PowerPoint PPT Presentation

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The case discusses about Sweden based IKEA's globalization strategies

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Title: The case discusses about Sweden based IKEA's globalization strategies


1
International Business info_at_casestudyhelp.in91
94220-28822
2
  • International Business
  •  
  • Case Studies
  • CASE STUDY (20 Marks)
  • The case discusses about Sweden based
    IKEA's globalization strategies and its foray in
    the Chinese furniture market. The basic
    assumption behind IKEA's global strategy was 'one
    design suitsall,' which meant that the company
    did not adapt to the local markets.

3
  • In China IKEA was forced to change some of
    the elements of its global strategy in the
    culturally diverse Chinese market. It highlights
    the importance of striking a balance between the
    implementation of global polices and the need for
    higher degree of localization for IKEA to be
    successful in markets like China. The
    interrelationship between IKEA's culture,
    structure, strategy and its responsiveness to the
    needs of local markets also matter.

4
  • Answer the following question.
  •  
  • Q1. Explain the need for IKEA to strike a balance
    between globalization (integration) and national
    responsiveness (differentiation) in China

5
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  • info.casestudyhelp_at_gmail.com
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  • 91 94220-28822
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