Concentrate on IKEA main activities, mission, and strategies and highlight an area that need more control management. Then, use three of the following tools in order to enhance its control management system.

Resource view of the firm

Management control systems (examples: budgets, non-financial performance measures, reward systems, policies and procedures, ..) - Performance measurement systems (examples: Simons levers of control, .. )

Non-financial performance measurement approaches (Balanced Scorecard, strategy maps, )

Value Chain Analysis

Customer Profitability Analysis

Competitor Analysis

Life Cycle Costing

Target Costing

Transfer pricing

Some other cost management strategies tools include: Just In Time (JIT), Backflush Costing, Lean Production and Lean Accounting, and Human Resource Accounting.