StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Older Vs Younger generations taste in Furniture - IKEA in Thailand - Essay Example

Cite this document
Summary
For furniture, for example, which is considered a personal consumption item, the factors range from demographic factors: age, gender, educational…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Older Vs Younger generations taste in Furniture - IKEA in Thailand
Read Text Preview

Extract of sample "Older Vs Younger generations taste in Furniture - IKEA in Thailand"

Download file to see previous pages

From the tabular illustration, one can easily discuss the comparative elements in terms of characteristics of both the older and younger generation; as well as the factors that influence their decision-making purchase for furniture. It can be deduced that people from the older generation are have predominantly conservative and traditional tastes due to the values handed down to them by their predecessors. Also, since their orientations come from traditional furniture styles, their options are limited making them narrow-minded and confined to select those furniture styles and pieces that they are familiar with.

Trying new and innovative styles are out of the question and not a possible option for older generation. In contrast, younger generation are more open to try new things due to the exposure and orientation to different cultures and the extent of knowledge and information gained from diverse sources. Because of these, people from the younger generation are more flexible, innovative and are always embracing of new styles and options. As for the comparative details on factors affecting the older versus the younger generation, it is apparent that they are practically contrasting in terms of style, decoration and color, among others.

However, they are similar when it comes to purchasing furniture depending on their capacity to pay or their income level. For example, whether they are old or young, the choice of furniture sometimes significantly depends on how much budget one has allotted to spend for the furniture. Other factors such as design, style and color are secondary. This is also true especially when buyers come from rural areas where people have limited income compared of people coming from urban areas (regardless of whether they are from older or younger generation).

Another similarity is eminent in terms of

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Older Vs Younger generations taste in Furniture - IKEA in Thailand Essay”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1581316-older-vs-younger-generations-taste-in-furniture-ikea-in-thailand
(Older Vs Younger Generations Taste in Furniture - IKEA in Thailand Essay)
https://studentshare.org/miscellaneous/1581316-older-vs-younger-generations-taste-in-furniture-ikea-in-thailand.
“Older Vs Younger Generations Taste in Furniture - IKEA in Thailand Essay”, n.d. https://studentshare.org/miscellaneous/1581316-older-vs-younger-generations-taste-in-furniture-ikea-in-thailand.
  • Cited: 0 times

CHECK THESE SAMPLES OF Older Vs Younger generations taste in Furniture - IKEA in Thailand

IKEA Internationalization Strategy

The paper “ikea Internationalization Strategy” will look at the biggest business risk of ikea – implementing the Global standardization strategy.... Most business owners might not think of this strategy worthy of prior consideration but ikea took a chance on it.... hellip; The author states that ikea took the risk anyway and decide to implement the strategy and they put up their entire faith into it.... ikea was not always an internationally recognized retailer even though in 1973 they become one of the best and major furnishing house in Scandinavia however, the founding members aimed to make the business grow globally....
3 Pages (750 words) Essay

IKEA Furniture Retailer to the World

Ingvar Kamprad started dealing in furniture from since 1948.... This essay discusses ikea, that is one of the most successful brands in the furniture industry and it has achieved this success through cautious planning and innovative thinking.... hellip; This discussion talks that ikea gained popularity in its home country as well as in rest of  Europe.... ikea's stores were painted blue and yellow which reflects the Swedish flag....
8 Pages (2000 words) Coursework

Performance of T-Bags, a Specialty Teahouse

T-Bags is a specialty teahouse with an extensive selection of international teas (from Japan, China, India, Sri Lanka, thailand, Egypt, Turkey and Africa) and accompaniments sweets, pastries, and cakes particular to that region).... are usually family businesses (passed through generations) located in the countryside, or if they are in the city area, they are upscale and are housed in high-end hotels....
11 Pages (2750 words) Essay

Economy/infrastructure(culture) in Thailand

The main cash crop is rice (thailand is the largest exporter of rice in the world) which is followed by rubber, sugarcane, coconuts, and soybeans.... The fishing industry is also amongst the important sectors in the Thai economy as thailand is a major exporter of shrimps.... Tourists visit thailand in huge numbers because of the beaches and for relaxation....
4 Pages (1000 words) Essay

Vacation in Thailand(Special Occasion Speeches)

So many travelers and tourists… Several westerners who experienced how it is to be in thailand cannot deny that somehow, they felt this desire to return to the Kingdom, and possibly live there Thailand I.... Consider the number of days to stay in thailand.... Several westerners who experienced how it is to be in thailand cannot deny that somehow, they felt this desire to return to the Kingdom, and possibly live there (Bonner 27).... During the warm season, one can splurge in thailand's beaches, some of which are considered the best in the world (Rickman 35)....
2 Pages (500 words) Essay

The Collapse of the Thai Baht

The collapse of the Thai Baht sent shockwaves across the world, the government did take a no of steps to stop the freefall and this paper will shed light upon some of the most… Finance one was a major company in thailand, the Thai government suspended the shares of the company and also tried its best to make an acquisition, a small Thai bank was supposed to acquire the much troubled Client's 17 October All the major Asian economies were severely hit in the 1990s; Thailand's economy was no exception....
2 Pages (500 words) Essay

International Business Performance of IKEA

hellip; Subsequently, the paper has defined and analyzed different strategies that have been the cause of such an impressive position of ikea in the international retail market.... (Rothacher, 2004) Subsequently, the paper has defined and analyzed different strategies that have been the cause of such an impressive position of ikea in the international retail market.... (Clutterbuck, 2002) According to the sales turnover of ikea in the year 2006, approximately 17,658 million United States dollars were the annual sales worldwide....
6 Pages (1500 words) Case Study

The Use of Power Bikes in Thailand

The research “The Use of Power Bikes in thailand” aims at penetrating through Thailand's economy through sales of power bikes and bicycles.... The research entails the marketing opportunities available due to the large population in thailand and its neighboring countries.... hellip; This research seeks the advantages related to inventions of power bikes in thailand.... The research entails the marketing opportunities available due to the large population in thailand and its neighboring countries....
12 Pages (3000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us