application Flashcards

(35 cards)

1
Q
A
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2
Q

What is Business?

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Tesco – Plc structure, profit and growth objectives, affected by inflation and consumer confidence.

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3
Q

What is Business?

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John Lewis – Partnership model with stakeholder emphasis (employee-owned).

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4
Q

What is Business?

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Oxfam – Non-profit charity illustrating mission-driven objectives over profit.

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5
Q

Managers, Leadership & Decision Making

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Amazon (Jeff Bezos) – Strategic decision-making with strong long-term vision.

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6
Q

Managers, Leadership & Decision Making

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Ryanair (Michael O’Leary) – Autocratic leadership, cost-focused decisions.

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7
Q

Managers, Leadership & Decision Making

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Google (Sundar Pichai) – Democratic leadership and empowerment culture.

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8
Q

Marketing Performance

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Apple – Premium branding, product focus, price skimming.

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9
Q

Marketing Performance

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McDonald’s – Extensive promotion and adaptation (glocalisation).

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10
Q

Marketing Performance

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ASOS – Online-only model, excellent digital segmentation, influencer marketing.

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11
Q

Marketing Performance

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Graze – Niche market targeting and subscription-based pricing model.

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12
Q

Operational Performance

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Toyota – Lean production, JIT systems.

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13
Q

Operational Performance

A

KFC (UK) – Supply chain failure example (2018 chicken shortage).

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14
Q

Operational Performance

A

Premier Foods – Shifted to Just-In-Case stock due to Brexit.

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15
Q

Operational Performance

A

IKEA – Economies of scale, logistics optimization.

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16
Q

Financial Performance

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Samsung – Huge losses from Galaxy Note 7 recall.

17
Q

Financial Performance

A

Netflix – Deliberate long-term loss to gain market share.

18
Q

Financial Performance

A

Boohoo – Rapid sales growth; later challenged by ethical supply chain criticisms.

19
Q

HR Performance

A

Facebook (Meta) – High employee autonomy and perks to boost motivation.

20
Q

HR Performance

A

Google – Flat structure and flexible working policies.

21
Q

HR Performance

A

Clarks Shoes – Staff training initiatives for customer service excellence.

22
Q

HR Performance

A

Lego – Emphasises intrinsic motivation through creative freedom.

23
Q

Strategic Position

A

Marks & Spencer – Used SWOT and strategic analysis to address declining clothing sales.

24
Q

Strategic Position

A

Primark – Impact of PESTLE (e.g., ethical scrutiny, exchange rates).

25
Strategic Position
Tesla – Competitive advantage through innovation and ESG positioning.
26
Strategic Direction
Apple – Product development (new iPhones, AirPods), high-end positioning.
27
Strategic Direction
Netflix – Market development (global expansion), differentiation strategy.
28
Strategic Direction
Dyson – Innovation-led differentiation (e.g., bladeless fans, electric vehicle ambitions).
29
Pursuing Strategies
Disney – Growth through acquisitions (Pixar, Marvel, Fox).
30
Pursuing Strategies
Amazon – Organic growth and heavy R&D for technological innovation.
31
Pursuing Strategies
Spotify – Grew internationally via freemium model.
32
Strategic Change
Blockbuster – Classic example of strategic drift.
33
Strategic Change
Nokia – Resistance to change in smartphone market led to decline.
34
Strategic Change
Microsoft – Cultural change under Satya Nadella (shift to cloud-first approach).
35
Strategic Change
Starbucks – Closed underperforming stores and rebranded post-2008 downturn.