Provide 2 or 3 Recommendation to the IKEA company for smooth functioning by analysing the political factors

Political Factors that Impact IKEA in Saudi Arabia : 1. Importance of local governments in Finance 8: Accounting: Local government plays an integral role in policy setting and business environment regulations in the sector. IKEA should monitor all the changes in regulations. Political stability in the existing markets: IKEA operates in numerous countries so it has to make policies each country based on the Finance & Accounting industry- specific requirements. Government resource aocation and time scale: It is difficult to infer that there will be a change in resource allocations in the IKEA in Saudi Arabia other stakeholders such as non-government organizations, protest & pressure groups, activist movements play a critical role in policy-making in Finance 8: Accounting. IKEA Saudi should closely collaborate with these organizations so that it can contribute better to the conununity goals as well as with corporate goals. Taxation policies: over the last two decades IKEA Saudi has benetted from lower taxation policies throughout the western hemisphere. It has resulted in high profits and increasing spending in research and development