application Flashcards
(35 cards)
What is Business?
Tesco – Plc structure, profit and growth objectives, affected by inflation and consumer confidence.
What is Business?
John Lewis – Partnership model with stakeholder emphasis (employee-owned).
What is Business?
Oxfam – Non-profit charity illustrating mission-driven objectives over profit.
Managers, Leadership & Decision Making
Amazon (Jeff Bezos) – Strategic decision-making with strong long-term vision.
Managers, Leadership & Decision Making
Ryanair (Michael O’Leary) – Autocratic leadership, cost-focused decisions.
Managers, Leadership & Decision Making
Google (Sundar Pichai) – Democratic leadership and empowerment culture.
Marketing Performance
Apple – Premium branding, product focus, price skimming.
Marketing Performance
McDonald’s – Extensive promotion and adaptation (glocalisation).
Marketing Performance
ASOS – Online-only model, excellent digital segmentation, influencer marketing.
Marketing Performance
Graze – Niche market targeting and subscription-based pricing model.
Operational Performance
Toyota – Lean production, JIT systems.
Operational Performance
KFC (UK) – Supply chain failure example (2018 chicken shortage).
Operational Performance
Premier Foods – Shifted to Just-In-Case stock due to Brexit.
Operational Performance
IKEA – Economies of scale, logistics optimization.
Financial Performance
Samsung – Huge losses from Galaxy Note 7 recall.
Financial Performance
Netflix – Deliberate long-term loss to gain market share.
Financial Performance
Boohoo – Rapid sales growth; later challenged by ethical supply chain criticisms.
HR Performance
Facebook (Meta) – High employee autonomy and perks to boost motivation.
HR Performance
Google – Flat structure and flexible working policies.
HR Performance
Clarks Shoes – Staff training initiatives for customer service excellence.
HR Performance
Lego – Emphasises intrinsic motivation through creative freedom.
Strategic Position
Marks & Spencer – Used SWOT and strategic analysis to address declining clothing sales.
Strategic Position
Primark – Impact of PESTLE (e.g., ethical scrutiny, exchange rates).