ISB Seminar Presentation quiz

Which of the following is not a disadvantage of outsourcing?

• No uniform production standards

• Convenient communication

• Lack of focus on customers

• Increased operational and recruitment costs

IKEA's largest sourcing country?

• Australia

• China

• India

• Brazil

Which of the following does not belong to the advantages of domestic independent producer production?

• Easy control of the production process

• Facilitates customization

• Lower cost

• Faster turnaround time

In 1958, where the first IKEA store opened, it was named Möbel-IKÉA?

• Sweden

• USA

• Norway

• Finland

which years Ikea was founded ?

• 1941

• 1943

• 1956

• 1958

How many suppliers does IKEA have in China?

• 190

• 267

• 362

• 409

Why is China's dominance as a manufacturing base waning?

• Chinese workers' salaries have risen sharply

• the impact of the COVID-19

• Weak global demand

• Dramatic population growth in countries such as Mexico

The impact of any political and policy changes is significant for IKEA

• TRUE

• FALSE

What are the potential risks that Ikea needs to consider?

• Decreased competitiveness

• Political changes and adverse policies

• Transportation expenses

• Over-reliance on local suppliers

Which one is not a solution to increase profits and reduce risk?

• High cost performance

• Innovative marketing

• Digital Transformation

• Global contraction