The quality of the furnishings in IKEA is judged by their ability of being functional, well-designed and affordable. While the concept value for money is popular amongst many people, it was a challenge for IKEA to set up the right prices in some asian countries. For instance, when first entering the furnishing market in China, their pricing strategy had failed. The company had not considered the fact that it is a low income country with cheap labour, and retained average european prices in the store. This led to a very low turnover, and damage to their reputation.
The residential building boom would be the perfect opportunity for Home Depot, but the fact was that these real estate activities were not driven by citizens in need of new home but instead by speculators who invested in big properties in hopes of earning money on it. Therefore the residential building boom did not translate into more home improvement. Buyers had no interest in living in the properties, hence there was no increasing demand for painting, flooring, cabinets etc. (Dalzie, 2012) 4. Big boxes were situated too far away Finally the size and location of the stores were not attractive in China.
They provide accommodation for the low-income groups , who witness the retreat of political power and lack of public services which propagate poverty. The incomes of the poor population are considerably low for them to enter the formal market or afford proper housing, therefore they become self-responsible on building their own houses without any governmental help (Roy,
The owners forced them to live in isolated communities near workshops and forced them to buy goods with high interests. The cities were poorly constructed and crowded with people and residents. The work was also dangerous with not much supervising by the government.Workers, on the other hand, had little or even no bargaining power to leave the unsafe conditions. Nowadays, When Americans only pay attention when extreme work strike, levels of abuse are the norm hidden in the factories around the globe. Although the condition seems much improved, consumers don’t know the true fact- “Today, American citizens simply cannot know the working conditions of the factories that make the products they buy.
3.6 Competitive Position and industry attractiveness Garmco acquires arelatively low competitive position. This is because of their inability to compete with the Chinese manufacturers, the strength Alba has over them in increasing prices, the availability of substitutes especially in packaging and construction industry along with the aggressive competition worldwide. However, the aluminum industry apart from the high startup and fixed costs is attractive if the smelters entering have the capacity to enter and compete on a global scale especially with the Chinese
Therefore, the construction activities reduce once the prices fall. 4.2) Engineering Restrictions and Anti-engineering Campaigns To keep pace with the growing demand of houses in the U.K, at least 250,000 houses should be built annually. However, bureaucratic engineering approvals, land restrictions, and stringent rules governing the design and construction of tall buildings including the Grenfell Tower, are drawbacks to the speedy construction of housing units (Scott p.1). After the inferno, the Friends of Richmond Park, and residents of the west London suburbs, actively campaigned against the construction of tall buildings. Although the restrictions and campaigns were meant to safeguard the safety of the occupants, they gradually contributed to the housing shortage currently
The headcount budget that a company does not want people in china to adopt happens to be the one working well here. The demands are different and so naturally, given that it is a high-growth economy, companies need more people. When it rain in New York, don't make us use an umbrella in China, where it's still
At the present moment, there is no form of nationwide or statewide rent control in the United States. In basic terms, 'rent control' refers to any government policy on the regulation of rental housing costs and control on tenant eviction. Typically, these systems are practiced in progressive areas and highly populated cities where securing an affordable apartment or home can be increasingly difficult, especially for the members of the lower class and other disadvantaged groups. Being that California hosts the most densely populated cities of the United States, a few local governments have appropriately responded to the housing problem by enacting rent control to support renters in their communities. However, the State of California is still in desperate need of a statewide rent control system.
The result is, thus, a largely unplanned and haphazard urban growth. Thus, it is time that we recognize that rehousing the poor in decent low- rent dwelling units cannot alone solve the other equally pressing problems like unemployment, illiteracy, no social security, low income, family fragmentation and illness. Providing public services and infrastructure, cannot all by itself, do away with crime, illegitimacy, delinquency and deviant behavior. We as planners need to realize that following the typical physical planning approaches such as the neighborhood concept, which themselves are often driven by physical concepts such as zoning, land use planning etc., cannot alone redeem the vast scale social issues associated with urban
This price range is the lowest among the hotels within Marikina. When compared, though, to its closest competitors, Hotel Sogo and Oracle Hotel (See Appendix B), the motels will have the advantage. However, Marikina Hotel does not really serve the same purpose nor fall under the same category of those motels. MH is a local government hotel making it difficult for them to request funds to improve their facilities. In effect, MH attracts the people who prioritize affordability the most such as government employees and budget travellers.