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IKEA Family
IKEA (; ) is a Dutch multinational conglomerate based in the Netherlands that designs and sells , kitchen appliances, decoration, home accessories, and various other goods and home services. Started in 1943 by Ingvar Kamprad, IKEA has been the world's largest furniture retailer since 2008. The brand used by the group is derived from an acronym that consists of the founder's initials, and those of Elmtaryd, the family farm where he was born, and the nearby village Agunnaryd (his hometown in Småland, southern Sweden). The group is primarily known for its modernist designs for various types of appliances and furniture, and its interior design work is often associated with simplicity. In addition, the firm is known for its attention to cost control, operational details, and continuous product development that has allowed IKEA to lower its prices by an average of two to three percent. , there are 422 IKEA stores operating in 50 countries and in fiscal year 2018, €38.8 bill ...
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Montgomery County, Pennsylvania
Montgomery County is a county in the Commonwealth of Pennsylvania. It is the third-most populous county in Pennsylvania and the 73rd-most populous county in the United States. As of the 2020 census, the population of the county was 856,553, representing a 7.1% increase from the 799,884 residents enumerated in the 2010 census. Montgomery County is located adjacent to and northwest of Philadelphia. The county seat and largest city is Norristown. Montgomery County is geographically diverse, ranging from farms and open land in the extreme north of the county to densely populated suburban neighborhoods in the southern and central portions of the county. Montgomery County is included in the Philadelphia- Camden- Wilmington PA- NJ- DE- MD metropolitan statistical area, sometimes expansively known as the Delaware Valley. The county marks part of the Delaware Valley's northern border with the Lehigh Valley region of Pennsylvania. In 2010, Montgomery County was the 66th-wealthiest ...
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Ready-to-assemble Furniture
Ready-to-assemble furniture (RTA), also known as knock-down furniture (KD), flat pack furniture, or kit furniture, is a form of furniture that requires customer assembly. The separate components are packed for sale in cartons which also contain assembly instructions and sometimes hardware. The furniture is generally simple to assemble with basic tools such as screwdrivers, which are also sometimes included. Ready-to-assemble furniture is popular with consumers who wish to save money by assembling the product themselves. Producers and merchants benefit from selling ready-to-assemble furniture because furniture is bulky once assembled, and thus more expensive to store and to deliver. Since the assembly work is done by the consumer instead of by the manufacturer, its price can be lower. A furniture assembly service industry has developed, making it easy for consumers to employ someone knowledgeable to assemble their furniture for them. Produced mainly from chipboard or medium den ...
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Interior Design
Interior design is the art and science of enhancing the interior of a building to achieve a healthier and more aesthetically pleasing environment for the people using the space. An interior designer is someone who plans, researches, coordinates, and manages such enhancement projects. Interior design is a multifaceted profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design. History and current terms In the past, interiors were put together instinctively as a part of the process of building.Pile, J., 2003, Interior Design, 3rd edn, Pearson, New Jersey, USA The profession of interior design has been a consequence of the development of society and the complex architecture that has resulted from the development of industrial processes. The pursuit of effective use of space, user well-being and functional design has contributed ...
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Modern Furniture
Modern furniture refers to furniture produced from the late 19th century through the present that is influenced by modernism. Post-World War II ideals of cutting excess, commodification, and practicality of materials in design heavily influenced the aesthetic of the furniture. It was a tremendous departure from all furniture design that had gone before it. There was an opposition to the decorative arts, which included Art Nouveau, Neoclassical, and Victorian styles. Dark or gilded carved wood and richly patterned fabrics gave way to the glittering simplicity and geometry of polished metal. The forms of furniture evolved from visually heavy to visually light. This shift from decorative to minimalist principles of design can be attributed to the introduction of new technology, changes in philosophy, and the influences of the principles of architecture. As Philip Johnson, the founder of the Department of Architecture and Design at the Museum of Modern Art articulates: "Today indust ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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Småland
Småland () is a historical province () in southern Sweden. Småland borders Blekinge, Scania, Halland, Västergötland, Östergötland and the island Öland in the Baltic Sea. The name Småland literally means ''Small Lands''. The Latinized form has been used in other languages. The highest point in Småland is Tomtabacken, at 377 metres (1,237 ft). In terms of total area, Småland is of a similar size as Belgium. Administration The traditional provinces of Sweden no longer serve any governmental purpose, but they do remain important historically and culturally. The province of Småland today is divided almost entirely into the three administrative counties of Jönköping, Kalmar, and Kronoberg. Some few small portions of historic Småland are situated in Halland and Östergötland Counties. Heraldry The current coat of arms, granted in 1569, displays a rampant red lion carrying a crossbow, all on a golden background. The arms may be surmounted by a ducal coronet. ...
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Agunnaryd
Agunnaryd is a locality and a parish situated in Ljungby Municipality, Kronoberg County, Sweden with 220 inhabitants in 2010. Agunnaryd is chiefly associated with the industrialist Ingvar Kamprad, who founded IKEA (the ''A'' of which stands for ''Agunnaryd''). It has one school, a kindergarten, a small supermarket named 'Matöppet', and four football teams. The little village has its own newspaper/newsletter, Agunnaryds Allehanda, that is mailed to inhabitants once a month. The nearby lake of Agunnarydsjön, located some 300 meters from the village church, is a haven for fishing and swimming. The lake is part of the Helge å river system, extending further down into the lake of Möckeln, south of Agunnaryd. The village's vicinity offers plenty of opportunities to experience Swedish nature, e.g. of forest, ideally suited for hiking. The bicycle-route Sverigeleden passes right through the village. Canoeing on Helge å is a popular activity among tourists. In Agunnaryd, there are ...
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Acronym
An acronym is a word or name formed from the initial components of a longer name or phrase. Acronyms are usually formed from the initial letters of words, as in ''NATO'' (''North Atlantic Treaty Organization''), but sometimes use syllables, as in ''Benelux'' (short for ''Belgium, the Netherlands, and Luxembourg''). They can also be a mixture, as in ''radar'' (''Radio Detection And Ranging''). Acronyms can be pronounced as words, like ''NASA'' and ''UNESCO''; as individual letters, like ''FBI'', ''TNT'', and ''ATM''; or as both letters and words, like '' JPEG'' (pronounced ') and ''IUPAC''. Some are not universally pronounced one way or the other and it depends on the speaker's preference or the context in which it is being used, such as '' SQL'' (either "sequel" or "ess-cue-el"). The broader sense of ''acronym''—the meaning of which includes terms pronounced as letters—is sometimes criticized, but it is the term's original meaning and is in common use. Dictionary and st ...
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Furniture
Furniture refers to movable objects intended to support various human activities such as seating (e.g., stools, chairs, and sofas), eating (tables), storing items, eating and/or working with an item, and sleeping (e.g., beds and hammocks). Furniture is also used to hold objects at a convenient height for work (as horizontal surfaces above the ground, such as tables and desks), or to store things (e.g., cupboards, shelves, and drawers). Furniture can be a product of design and can be considered a form of decorative art. In addition to furniture's functional role, it can serve a symbolic or religious purpose. It can be made from a vast multitude of materials, including metal, plastic, and wood. Furniture can be made using a variety of woodworking joints which often reflects the local culture. People have been using natural objects, such as tree stumps, rocks and moss, as furniture since the beginning of human civilization and continues today in some households/campsites. Ar ...
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Ready-to-assemble Furniture
Ready-to-assemble furniture (RTA), also known as knock-down furniture (KD), flat pack furniture, or kit furniture, is a form of furniture that requires customer assembly. The separate components are packed for sale in cartons which also contain assembly instructions and sometimes hardware. The furniture is generally simple to assemble with basic tools such as screwdrivers, which are also sometimes included. Ready-to-assemble furniture is popular with consumers who wish to save money by assembling the product themselves. Producers and merchants benefit from selling ready-to-assemble furniture because furniture is bulky once assembled, and thus more expensive to store and to deliver. Since the assembly work is done by the consumer instead of by the manufacturer, its price can be lower. A furniture assembly service industry has developed, making it easy for consumers to employ someone knowledgeable to assemble their furniture for them. Produced mainly from chipboard or medium den ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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