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Ikea sources from many another companies rather than just one caller so it charges low price.
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Which is the leader in furniture manufacturing in Asia?
Malaysia has become the leader in the Asian furniture manufacturing industry. Malaysia consists of three federal territories and thirteen states in Southeast Asia. Bordering nations include Thailand, Singapore, Indonesia, Brunei and the Philippines.
What kind of people work in furniture manufacturing?
It includes the Production manager, operations manager, Marketing Managers, Finance Manager, engineers etc. They will control their departments and give updates to main U.K office. The production force can be classified as forestry engineers and qualified for work in furniture production. The qualified labour force includes:
Which is the largest furniture retailer in the world?
IKEA is a Swedish Company, which is one of the largest furniture retailers. It sells high quality furniture at a low price, and which are designed in Scandinavian style. The company operates in several countries, and it has a work force of around 76000. It provides about 12000 items to the home furnish market worldwide.
Who is the owner of IKEA furniture company?
The company came up with an idea to lower the cost of its furniture by an average of between 2% and 3% every year (Nugent, 2008). Entrepreneur Ingvar Kamprad initiated IKEA in 1943, and he is still the majority shareholder.
Last Update: Oct 2021
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