Environmental Analysis

Environmental Analysis Xxxxxxx X Xxxxxxxx University of Phoenix Environmental Analysis An environmental analysis is essential for grasping the complete concept of how an organization functions within the macroeconomic environment, the industry, and even itself. IKEA will be the organization used for this analysis. The IKEA conclave is one of the worlds major privately own companies, specializing in the retail of flat-packed home furniture and otherwise rest home w ars (DataMonitor, 2007). This organization operates more than 150 large-scale stores in everyplace 30 countries, includes a mail order division and sells a large range of furniture which is made by everyplace 2,000 suppliers in more than 55 countries (DataMonitor, 2007). The headquarters for IKEA is based in Helsingborg, Sweden (DataMonitor, 2007). Although a worldwide retailer, IKEA still face competition from other healthy-liked retailers in the United States like Ethan Allen and Pier 1 Imports (Pike, 1994). The delineate macroeconomic proteans that impact the retail industry as well as IKEA will be identified in this root word. devil particular variables will be expanded upon in this paper to give the readers a clearer understanding of the effects of the macroeconomic variables in the retail industry.

After explaining and describing how the retail industry is influenced by these variables, the paper will explore the opportunities and challenges of IKEA as they continue to operate in the retail industry. In retail; economic output, inflation, productivity, budget, and unemployment/employment are the key macroeconomic variables that heavily impact this industry. Each variable has been defined below. Instability within an organization or the harvest-festival over time is considered economic output. Inflation is a persistent, material increase in the general level of prices associated to an increase in the amount of money and ending in the loss of cling to of currency. The measure of the amount of take or quality of work it takes to produce... If you want to get a full essay, order it on our website: Ordercustompaper.com

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