Ikea Research Paper Example | Topics and Well Written Essays - 5000 words

Ikea - Research Paper Example According to a research made in 2008, the company has been considered as the largest furniture retailing firm in the world. Overtime, proportions of discretionary spending of consumers in most economies have increased with rise in per capita. Such changes in composition of consumers’ expenditure have helped to enhance revenues of comfort product producing companies like, IKEA (Peng, 2010). Even so, it is also true that since the global financial crisis, aggregate income generated from the retail sector in the international market has fallen due to recessionary trails in economies. A very strong rival of IKEA, MFI Group Limited (a furniture retailing firm in U.K.) was forced to shut down its business during such critical conditions. So, since 2008, IKEA is facing strategic issues in business. The aggregate sales of the firm were recorded as 20.9 billion in 2009 and annual growth was approximately 1.4% since then (IKEA Group, 2013c). Rather, due to financial crunches, IKEA had t o cut down almost 5000 jobs in 2009 (IKEA Group, 2013b). Thus, from the above analysis, it can be claimed that the company needs to frame appropriate productive strategies in business which will help it to expand the scope of business internationalization and increase revenue in the long run. The following context of the paper will study the strategic initiatives that are already undertaken by IKEA as well as suggest ways through which the company would be able to strategically grow in the long run (Twarowska and Kąkol, 2013). From the above context, it is evident that IKEA is facing problems since emergence of the financial crisis. The company lacks adequate manpower to enhance its overall productivity. Moreover, aggregate demand experienced in company’s domestic market has also fallen. This is evident from the annual report of the company. The gross revenue of IKEA was recorded as US$ 2583982 in 2012 and US$ 2406539 in 2011 (IKEA Group, 2013a). Even so, the liabilities in business

In the Lizzie Borden trial, you will write the summation for both the Essay

In the Lizzie Borden trial, you will write the summation for both the prosecution and the defense - Essay Example Thus the trial started. However, the prosecution team led by District Attorney Knowlton and Thomas Moody  failed to prove their evidences to have sufficient value against the defense team’s presentations. The different evidences that the prosecution had to present before the jury included a blue dress that Lizzie had tried to burn, as said by witness, Alice Russell, followed by the contradictory statements made by Lizzie, the statement of the maid who had seen Lizzie in the blue dress, as well as Lizzie being the only person present in the home when the murders took place. The prosecution team also tried to focus on the fact that the relation between Lizzie and her step-mother, who was one of the victims, was not good. Witnesses had provided mixed responses in this regard while one was supporting a good relation and others clearly mentioning that Lizzie herself did not bother to accept her as her mother. Moreover, the team had got proofs that before the murder had taken plac e, Lizzie was found to purchase prussic acid that acts like a poison in the human body (Linder). Witnesses had also made statements for the team of prosecution stating that Lizzie was worried for her father and his wellbeing and that after the murders; Lizzie had doubts over the tenants with whom her father supposedly had some issues. Even regarding the dress that Lizzie had burnt, she had given an explanation that the dress was covered with paints. The prosecution team had tried to focus on the above mentioned issues and determine that Lizzie could be the only person who could be responsible for the murder of her parents. Her purchase of the poison, her being the only person present during the time of the murders, her not being able to explain about the whereabouts of her mother, her burning a dress, as well as her providing the investigation team