Another political issue affecting Ikea is supply chain disruption. In recent years, India and China have lowered the entry barriers for foreign brands, resulting in increased brand presence in these markets. IKEA intends to dominate the emerging Asian market. As these barriers fall, major corporations such as IKEA will compete to enter these markets. Furthermore, IKEA’s supply chain activities may be disrupted as a result of political instability. For example, a large portion of IKEA’s supply chain is located in Europe, and any political instability will have a significant impact on supply chain activities. Wondering where to find the best quality furniture other than IKEA? Find it on Ohana Office Product Net 30.
Does social media really influence politics? The answer is simply YES. The internet has been used as a repository tool for human behaviour since its inception. Social media has provided an outlet and made it easier than ever for individuals around the world to voice their opinions and beliefs about government; to discuss issues, mobilise around factors that cause, and hold various leaders and lawmakers accountable.
Many external environmental elements might have an impact on your company. Managers often analyse each of these aspects carefully. The goal is to make better judgments for the company’s development at all times.
New technology can enhance citizen engagement and attempts to monitor the political process, therefore boosting institutional effectiveness.