IKEA’s New Green Image Comes with Some Assembly Required

IKEA’s New Green Image Comes with Some Assembly Required

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

IKEA, a global furniture giant, started as a mail-order catalog in 1943. It evolved by embracing Swedish identity and modernist design, becoming the world's largest furniture retailer. Despite a complex corporate structure to minimize taxes, IKEA is committed to sustainability, aiming for a fully circular model by 2030. The company addresses social issues, ensuring fair labor practices and diversity. IKEA adapts to consumer trends, focusing on sustainability to appeal to Gen Z and other demographics. Its initiatives include using renewable resources and offering vegan options to reduce its carbon footprint.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did IKEA manage to maintain its revenue during the coronavirus pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the original business model of IKEA when it started in 1943?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant branding decision did IKEA make in the 70s and 80s?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are IKEA's plans for sustainability by 2030?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does IKEA address the issue of inequality in its supply chain?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has IKEA adapted its business practices to appeal to younger consumers?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes has IKEA made to its product offerings to lower its carbon footprint?

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