Ikea is an example of a high-touch business model because they employ do-it-yourself furniture and sell it to their clientele. This saves them so much money doing business. True or... Ikea is an example of a high-touch business model because they employ do-it-yourself furniture and sell it to their clientele. This saves them so much money doing business. True or False?
Understand the Problem
The question is asking whether Ikea is considered a high-touch business model based on their approach of providing do-it-yourself furniture, which they believe saves them money. The respondent needs to determine if this statement is true or false.
Answer
False
The final answer is False
Answer for screen readers
The final answer is False
More Information
IKEA operates under a low-touch business model, meaning it emphasizes self-service and minimal direct interaction with staff. This approach keeps costs low and is facilitated by their flat-pack products.
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