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Describe the key elements of IKEA’s globally successful business model. What are the sources of IKEA’s competi-tive advantage?

User Rolandl
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Answer:

following are the solution to this question:

Step-by-step explanation:

The key factors for IKEA's growth are as follows:

It made simple to use goods as well as the technique of "do it yourself" allows employees to increase costs lower, prices fair, a good understanding of the population it wants to target, goods clean with a clear aesthetics.

These were also regarded for fair payer money for staff and vendors, as well as the mechanism is open. Its shops also provide accommodation for the whole family.

User Madeeha
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