Description: Many students have found value, pleasure and comfort in Ikea’s furniture. And they’ve gone on to be Ikea shoppers as they move into the world of work. But did you know the Swedish furniture giant also operates a humanitarian arm known as the Ikea Foundation? This Foundation, in typical Ikea fashion, has developed lightweight, durable, and easy-to-assemble temporary housing that can be used to shelter refugees in various areas of crisis. The shelters last far longer than tents and even have solar powered LED lights.
Date: November 19, 2015
1) Do you have any Ikea furniture in your apartment? What are some of the key features that attract you to the Ikea option, providing Ikea with a competitive advantage?
2) What are some of the strategic advantages of a company using a foundation to carry out humanitarian efforts?
3) Under Canadian tax laws, what would be some of the key considerations in establishing a foundation to carry out humanitarian or charitable work on behalf of a corporation?