Explain how economic systems attempt to allocate Ikea’s resources effectively.

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Explain how economic systems attempt to allocate Ikea’s resources effectively.

You are to write a report on the following for marketing arm and future archive purpose:(your word count should be ) It’s an IKEA case assignment, need to talk about IKEA by following the tasks.  Task 1. Explain how economic systems attempt to allocate Ikea’s resources effectively. Task 2. Assess the impact of the country’s fiscal and monetary policy on IKEA especially in Europe and their business activities. Task 3. compare and evaluate the impact of competition policy and other regulatory mechanisms on the activities of IKEA in Sweden and a region of your choice. Task 4. Explain how market structures in the above case determine the pricing and output decisions of business.(Hint: you can use one of IKEA’s product ranges as a quantified example) Task 5. Use a range of examples (Such as pricing, cost, economics of scare, and customers’ perception, etc.) to illustrate the way in which market forces shape IKEA responses. Task 6. Judge how the business and culture environment shape the bahaviour of IKEA. Task 7. Discuss the significance of international trade to IKEA in UK. Task 8. Analyse the impact of global factors on IKEA in UK. Task 9. Evaluate the impact of policies of the European Union on IKEA and it’s competitors in UK. 

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