Q.No.3. Founded in 1943, Sweden retailer IKEA has grown from a small mail-order operation
to a global force in home furnishings with more than 390 stores throughout Europe, North
America, Africa, Australia, and Asia. Best known for its contemporary furniture designs, highly
trafficked store openings, and quirky advertising, the IKEA Group consists of multiple divisions
corresponding to the company's retail, supply chain, sales, and design and manufacturing
functions. What factors likely influenced the development of IKEA's organizational structure as
the company expanded over the years?
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- question number 3 formation in 1940 his major Lazer
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WIth the expansion of IKEA, systems handling, data handling, standardization of units all these factors led the company to move towards a corporate organization.
In a corporation group, normally there are more than one business units or smaller companies working under the umbrella of one big group. It is managed by the leader of the corporation group but power is cascaded down the business units also. In corporate, the business values remain the same for all the companies, however their strategies can vary depending upon the market of each business sector
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