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Based on Michael Porter’s discussion of the characteristics of an effective strategy, does IKEA have a good strategy for growth?
Explain.
To what extent is IKEA following the five steps of the strategic-management process?
What are your thoughts about IKEA's vision and mission statements?
Which of Michael Porter’s four competitive strategies is IKEA trying to follow? Discuss .
To what extent does the SWOT analysis support IKEA's strategies? Explain your rationale.
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Suppose that, instead of centering the process, the standard deviation could be reduced to 0.3mm. How many ppm defective would be expected?
What do you expect to happen to the music industry because of the evolution of much cheaper recording technology?
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