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The Conclusion and Recommendations will state whether or not IKEA should initiate business in Mexico.
1.2 Company Background
The founder of IKEA, Ingvar Kamprad, was born 1926 in Smaland. Starting at a very young age, Mr. Kamprad was always engaged in some kind of a business and in 1943, he received a gift from his father that enabled him to establish his own company. The name IKEA arose from his initials, IK, the farm were he grew up, Elmtaryd, and the city, Agunnaryd, where he is from. In the beginning IKEA offered pencils, wallets, and clocks. Kamprad tried to satisfy every need he could find with a product to a low price...
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