Understanding IKEA's Business Model and Environmental Impact

Which country is IKEA originally from?

• Norway

• Denmark

• Finland

• Sweden

What was IKEA's revenue during the 2018 fiscal year?

• $50 billion

• $30 billion

• $35 billion

• $42.7 billion

What is the term used by Ingvar Kamprad that means 'making do'?

• Lista

• Frugal

• Spara

• Ekonomi

How does IKEA keep its product prices low?

• By using high-quality materials

• By flat-packing products

• By outsourcing production

• By offering free assembly

What dark part of Ingvar Kamprad's history is mentioned?

• Involvement in the Swedish fascist movement

• Tax evasion

• Environmental neglect

• Corporate espionage

How many solar panels has IKEA installed according to their 2018 sustainability report?

• 900,000

• 700,000

• 500,000

• 1,000,000

By what year does IKEA aim to eliminate emissions for all home deliveries?

• 2025

• 2030

• 2035

• 2020

What percentage of the world's logged wood does IKEA consume?

• 1%

• 2%

• 0.5%

• 1.5%

Why was IKEA banned by the Forest Stewardship Council in 2014?

• For tax evasion

• For excessive carbon emissions

• For using non-recyclable materials

• For cutting down 600-year-old trees

What is IKEA's ultimate reason for being interested in sustainability?

• To comply with regulations

• To reduce costs

• Because it's good for business

• To save the planet