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The IKEA effect is a cognitive bias in which consumers place a disproportionately high value on products they partially created. The name refers to Swedish manufacturer and furniture retailer IKEA , which sells many items of furniture that require assembly .
Consumer Reports (CR), formerly Consumers Union (CU), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy.
IKEA entered the Japanese market in 1974 through a franchise arrangement with a local partner, only to withdraw in failure in 1986. Japan was one of the first markets outside its original core European market. Despite Japan being the then second largest economy in the world, IKEA did not adapt its store layout strategy to the Japanese consumer.
ConsumerAffairs is an American customer review and consumer news platform that provides information for purchasing decisions around major life changes or milestones. [5] The company's business-facing division provides SaaS that allows brands to manage and analyze review data to improve their products and customer service.
An office chair, or desk chair, is a type of chair that is designed for use at a desk in an office. It is usually a swivel chair , with a set of wheels for mobility and adjustable height. Modern office chairs typically use a single, distinctive load bearing leg (often called a gas lift ), which is positioned underneath the chair seat.
On September 16, 2015, Sen. John Thune (R-S.D.), chairman of the Senate Commerce Committee, along with Senators Schatz and Jerry Moran, introduced the Consumer Review Freedom Act of 2015 (S. 2044). The legislation was co-sponsored by Senator Bill Nelson and Senators Richard Blumenthal , Claire McCaskill , Steve Daines , and Cory Booker .