(Solution) 11/25/2016 Back To Previous Page Document 1 Of 1 IKEA's Focus Remains On Its Superstores Visits To Website Increase By Nearly 20% But When It Comes... | Snapessays.com


(Solution) 11/25/2016 Back to previous page document 1 of 1 IKEA's Focus Remains on Its Superstores Visits to Website Increase by Nearly 20% but When it Comes...


Based on this short article, What are this company's opportunities and challenges for boosting online sales?11/25/2016

 

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Abstract

 

Title

 

IKEA's Focus Remains on Its Superstores? Visits to Website Increase by Nearly 20% but

 

When it Comes to Furniture, Shoppers Stil Want to 'Touch the Fabric'

 

Author

 

Hansegard, Jens

 

Publication title

 

Wal Street Journal (Online)

 

Pages

 

n/a

 

Publication year

 

2014

 

Publication date

 

Jan 28, 2014

 

Section

 

Business

 

Publisher

 

Dow Jones & Company Inc Place of publication New York, N.Y. Country of publication United States Publication subject Business And Economics Source type Newspapers Language of publication English Document type News ProQuest document ID 1491926010 Document URL https://login.ezproxy.net.ucf.edu/login? url=http://search.proquest.com/docview/1491926010?accountid=10003 Copyright (c) 2014 Dow Jones & Company, Inc. Reproduced with permission of copyright owner. Further reproduction or distribution is prohibited without permission. Last updated 2014­01­30 Database 3 databases View list ABI/INFORM Col ection National Newspapers Core The Wal Street Journal Back to previous page document 1 of 1 IKEA's Focus Remains on Its Superstores? Visits to Website Increase by Nearly 20% but When it Comes to Furniture, Shoppers Still Want to 'Touch the Fabric' Hansegard, Jens . Wal Street Journal (Online) [New York, N.Y] 28 Jan 2014: n/a. http://sfx.fcla.edu/ucf?url_ver=Z39.88­ 2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&genre=unknown&sid=ProQ:ProQ%3Aabiglobal&atitle=IKEA%27s+Focus+Remains+on+Its+Superstores%3B+Visits+to+Website+Increase+by+Nearly+20%25+but+When+it+Comes+to+Furniture%2C+Shoppers+Stil +Want+to+%27Touch+the+Fabric%27&title=Wal +Street+Journal+%28Online%29&issn=&date=2014­ 01­28&volume=&issue=&spage=&au=Hansegard%2C+Jens&isbn=&jtitle=Wal +Street+Journal+%28Online%29&btitle=&rft_id=info:eric/&rft_id=info:doi/ None available. STOCKHOLM­­IKEA expects its famous blue­and­yel ow superstores to remain the lifeblood of an ambitious growth plan, even as visits to ikea.com increased nearly 20% in fiscal year 2013 while visits to physical stores modestly declined. The company's new chief executive, Peter Agnefjäl , said in an interview Tuesday near Stockholm he sees IKEA's e­commerce efforts growing in coming years. But to reach a goal of [euro]50 bil ion ($68.4 bil ion) in sales by 2020, the world's largest furniture retailer needs to keep its focus on setting up more stores. "I think that in 2020 the absolute majority of sales wil stil be in our stores," he said. The company reported a 3.2% revenue increase to [euro]28.5 bil ion in fiscal 2013, which ended Aug. 31, boosted by strong sales in the U.S. and expansion in countries such as China and Russia. The company needs to increase its annual growth rate in coming years to reach its 2020 target. IKEA has been a juggernaut in recent years, racking up revenue and profit gains even as key markets­­including Europe­­were locked in economic malaise. The company's store count has almost doubled over the past decade, helping the 71­year­old company expand in North America and emerging markets. The company, however, has played down its need to compete online with the same intensity as peers such as Wal­Mart Stores Inc. As Wal­Mart and other retailers look to battle Amazon.com Inc. by ramping up online buying and delivery operations, IKEA has been content to take a slower approach even as fewer buyers appear to be interested in going to physical stores. In the 2013 fiscal year, the strategy seemed to be working. Mr. Agnefjäl took IKEA's helm in September, one day after the company closed the books on a fiscal year in which the company increased market share in just about every market it participates in. The company reported a 3.1% rise in net profit to [euro]3.3 bil ion. It reduced prices by 0.2% in fiscal 2013, despite inflation, although this stil undershot its 1% price­cut target announced last year. During that period, IKEA reported an uptick in Web traffic, with 1.3 bil ion visits were recorded, and the IKEA catalog app was downloaded nearly 10 mil ion times. Visits to physical stores, meanwhile, declined by 1% in 2013 despite the addition of five new stores, including two in China. IKEA added three countries to its e­commerce effort in 2013, meaning customers in 13 markets can now buy IKEA products online. IKEA has retailing operations in 26 countries. Mr. Agnefjäl , who was a store manager shortly before taking the chief executive job, said the company wil add more than 10 stores in fiscal 2014, but it is unclear how many new markets­­if any­­wil get the option to buy online. "We see that Internet and e­commerce is growing, but at the same time, when buying a new bed a lot of people want to try it first, and if you buy a sofa you may want to touch the fabric." IKEA, which began as a mail­order company and continues to send hundreds of mil ions of catalogs every year, doesn't report how much revenue comes from online sales vs. physical stores or catalogs. In fiscal 2014, it plans to spend [euro]2.5 bil ion on stores, factories and shopping centers, up from a [euro]1.9 bil ion investment in 2013. To reach its 2020 goal, e­commerce wil be an important factor, but Mr. Agnefjäl said IKEA is looking for "balanced" growth. "For us, it is not about maximizing growth in a short period of time, but about growing in a way that includes the entire value chain." IKEA plans to spend 105 bil ion rupees, or $1.65 bil ion, to open 25 stores across India, and is in the process of buying land in the states of Andhra Pradesh, Maharashtra, Haryana and Karnataka. The company said Tuesday the next step is to find the right location for its first Indian store. Credit: Jens Hansegard (c) 2014 Dow Jones & Company, Inc. Reproduced with permission of copyright owner. Further reproduction or distribution is prohibited without permission. Copyright © 2016 ProQuest LLC. Al rights reserved. Terms and Conditions https://www.coursehero.com/tutors-problems/Business/10510796 10510796 Hello, Can you help me? Hello, Can you help me?! I need to fill out this spreadsheet. I have attached the assignment and reading material.Questions to guide your report: 1. What are the NPV, IRR, MIRR, and payback of the proposed ambulatory surgery cent measures indicate acceptance or rejection of the proposed ambulatory surgery center? 2. Inflation is one of the most difficult factors to deal with in project analysis. a. Complete the inflation impact table shown in Exhibit 20.2. b. What management information is provided by the inflation impact table? 3. One board member wants to make sure that a complete risk analysis, including sensit scenario analyses, is performed before the proposal is sent to the board. a. Perform a sensitivity analysis. b. What management information is provided by the sensitivity analysis? 4. a. Perform a scenario analysis. b. What management information is provided by the scenario analysis? c. Why is the expected NPV obtained in the scenario analysis different from 5. A board member is interested in the utilization breakeven of the Center. a. What are the breakeven values of the three input variables that are highl b. What management information is provided by the breakeven analysis? 6. To help with the risk-incorporation phase of the analysis, Jules consulted with Mark Ha the hospital’s CFO, about both the risk inherent in the hospital's average project an hospital typically adjusts for risk. a. What is the project's differential risk-adjusted NPV? b. Assess the corporate risk of the project. (No calculations are required. Th correlation of the surgery center and hospital cash flows.) 7. Jules Bergman is aware that there are some qualitative factors that are relevant to the surgery center decision. a. What qualitative factors might support project acceptance? b. What qualitative factors might preclude project acceptance? c. Can you think of any costs that might be associated with the project that included in the analysis? d. Are there any potential benefits that have not been included? e. What additional data would you seek from other hospital staff members t As explained in the case, assume Coral Bay has hired you as a consultant. You are directors. The report should be structured as an executive summary, including recc reccomendations. Exhibits can be referenced for additional support. The report sh exhibits attached. You may use the questions below to guide your report, but do n assignment as a word document (exhibits can be in a seperate excel if preferred). Excel Calculations: The following tab has excel calculations for most of the values calculations once you have entered the correct inputs. However, please ensure you report. To get full credit, your report will need to show that show you understand th https://www.coursehero.com/tutors-problems/Business/10510800 10510800 In order to improve productivity, a manufacturing operation using a dual card kanban production control system might A. 1.   In order to improve productivity, a manufacturing operation using a dual card kanban production control system might A. simultaneously employ an MRP system to better control production scheduling. B. instruct workers to increase the utilization of equipment by producing whenever there is time to do so, under the assumption that it eventually will be needed. C. deliberately remove kanban from the system in order to uncover and then correct problems hidden by excess buffer inventory somewhere in the factory. D. all of the above actions (a, b, c) would be taken to improve productivity when using a kanban production control system. https://www.coursehero.com/tutors-problems/Business/10510802 10510802 I have answered some of them, but don't know how to do a few of them. If you could look over the ones I have done too that would be fantastic. Hey can I get some help with my ST 311 homework. I have answered some of them, but don't know how to do a few of them. If you could look over the ones I have done too that would be fantastic. I will also post screenshots of the stats crunch data.   https://www.coursehero.com/tutors-problems/Business/10510808 10510808 You are tasked with writing a program that will allow the player to navigate and explore a dungeon that is described with a level file. You are tasked with writing a program that will allow the player to navigate and explore a dungeon that is described with a level file. A level file will specify the rooms on the first line delimited by a space, following that, each line will describe a room's pathway to another room.The first room listed on the first line is the starting point of the level.The level file structure :START FOYER ELEVATOR START > NORTH > FOYER FOYER > SOUTH > START START > WEST > ELEVATOR Each pathway is broken up by spaces and the > symbols. > WEST > this translates to:roomA's west's pathway connects to roomBAnnotation fo the test level file:START FOYER ELEVATOR //START is the first room of the dungeon. START > NORTH > FOYER //START's north pathway connects to the FOYER FOYER > SOUTH > START //FOYER's south pathway connects to the START START > WEST > ELEVATOR //START's west pathway connects to the ELEVATOR The commands that a player can input:NORTH SOUTH EAST WEST QUIT QUIT command allows the user to quit the program, please ensure that you clean up any memory you have allocated.The NORTH, SOUTH, EAST and WEST commands will allow the player to move between the rooms via the room's pathways. Each room has a maximum of 4 pathways.A room will outline if the paths that are available to it by specifying the direction at the side of the room. For example if the room has a path to another room by going north it will show N on the north side of the room. Example: ---N--- | | | | | | | | | | ------- If it does not have a path, it will be a - or | depending on the side it is on.If a user specifies a direction that does not have a pathway the program should output:No Path This Way If the user inputs an invalid command the program should respond with:What? The room is always 9 x 5 (with a space at the start and end of the top and bottom of the room);The name should also be outputted before drawing the room.NORTH

 

START

 

---N---

 

| |

 

| |

 

W |

 

| |

 

| |

 

-------

 

Specific functions to know for this task:fopen, fgets, sscanf, malloc, realloc, free, memset, strcpy, strcmpAssumptions/Clarifications:* 8192 is largest number of characters in a line from the level file.* Room name can be variable length.* Commands are case sensitive* On every command (even invalid ones) you need to redraw the room* You may assume the test files are correct.* Room pathways do not have logical entries. If the player moves NORTH you do not need to map the previous room to SOUTH of the current room.* If a room's pathway has already been assigned it can be overridden when reading the level file.Examples:Example 1:./dungeon test_dungeon.dg

 

START

 

---N---

 

| |

 

| |

 

W |

 

| |

 

| |

 

-------

 

NORTH

 

FOYER

 

-------

 

| |

 

| |

 

| |

 

| |

 

| |

 

---S---

 

SOUTH

 

START

 

---N---

 

| |

 

| |

 

W |

 

| |

 

| |

 

-------

 

QUIT

 

Example 2:./dungeon test_dungeon.dg

 

START

 

---N---

 

| |

 

| |

 

W |

 

| |

 

| |

 

-------

 

WEST

 

ELEVATOR

 

-------

 

| |

 

| |

 

| |

 

| |

 

| |

 

-------

 

NORTH

 

No Path This Way

 

ELEVATOR

 

-------

 

| |

 

| |

 

| |

 

| |

 

| |

 

-------

 

EAST

 

No Path This Way

 

ELEVATOR

 

-------

 

| |

 

| |

 

| |

 

| |

 

| |

 

-------

 

QUIT

 

Example 3:./dungeon

 

No Level File Specified

 

Example 4:./dungeon test_dungeon.dg

 

START

 

---N---

 

| |

 

| |

 

W |

 

| |

 

| |

 

-------

 

ksamdkl

 

What?

 

START

 

---N---

 

| |

 

| |

 

W |

 

| |

 

| |

 

-------

 


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