
IKEA
Flashcard
•
Business
•
8th Grade
•
Practice Problem
•
Hard
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8 questions
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1.
FLASHCARD QUESTION
Front
What is the main reason for IKEA's success?
Back
Low-cost flat-pack furniture
2.
FLASHCARD QUESTION
Front
What is the average size of an IKEA store compared to Walmart?
Back
100,000 square feet
3.
FLASHCARD QUESTION
Front
What is the IKEA effect?
Back
Customers value self-assembled furniture more
4.
FLASHCARD QUESTION
Front
What is the purpose of IKEA's confusing store layout?
Back
To make customers spend more time in the store
5.
FLASHCARD QUESTION
Front
What is the significance of IKEA's food offerings?
Back
It helps customers save money, It makes IKEA more of a family activity, It tricks customers into thinking everything is cheap.
6.
FLASHCARD QUESTION
Front
What is the origin of IKEA's theme?
Back
Sweden
7.
FLASHCARD QUESTION
Front
What is the significance of IKEA's flat-pack furniture?
Back
It reduces shipping and storage costs
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