1.0. Introduction Gone the days when merely price tag and quality were the main determinants of the buying decision for any consumer. Today’s consumer based on growing awareness is much more concerned about the ethical status of the tools and methods utilized to produce, handle, and deliver a product or service. This emerging category of judgmental customer has also influenced the theoretical background as well as several practical considerations in the domain of business. One of the most important contributions of this tendency is the emergence of ethical consumerism on part of customers and corporate social responsibility or ...
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IKEA Company: Is the Company Success Sustainable?
Report
Abstract IKEA today is more than a company, it is a community of highly motivated people who share the company’s values, mission, and goals. Being one of the global leaders in the sphere of household goods production, IKEA adheres to the proactive position in environmental and social issues justifying the branded idea of creating a more sustainable home life. In this paper, the sustainability factors affecting the success of the company on the international arena are analyzed. IKEA presented an unrivaled consistency in the realization of various ecological and social projects, in cooperation with suppliers and partners ...
Introduction
The 1950’s were a remarkable period in the business world. The world at large was on a recovery path after two devastating world wars which had changed the focus of business towards the provision of military goods than on providing quality value to customers. Production was mainly concentrated on few organizations and was characterized mainly by bureaucratic methods of organizational management. It was during this period that there was increased pressure to develop internal methods of cost evaluation that would aid in the decision making process of managers. It was necessary to have in place relevant accounting information that was ...