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Ikea Free Essay, Term Paper and Book Report

The points of the Porter's Diamond are described as four broad attributes. And these attributes promote or impede the creation of competitive advantage. These attributes are: •Factor conditions --a nation's position in factors of production such as skilled labor or the infrastructure necessary to compete in a given industry. •Demand conditions --the nature of home demand for the industry's product or service. •Relating and supporting industries --the presence or absence in a nation of supplier industries and related industries those are internationally competitive. •Firm strategy, structure, and rivalry --the conditions in the nation governing how companies are created, organized, and managed and the nature of domestic rivalry. National Competitive Advantage of IKEA IKEA Group, a Swedish company founded in 1943 with its headquarters in Denmark, is a multinational operator of a chain of stores for home furnishing and furniture. It is the world's largest furniture retailer, which specializes, in stylish but inexpensive Scandinavian designed furniture. At the end......

Word Count: 3087
Page Count: 12.3  (250 words a page / double spaced)


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