Business A level case study examples questions and answers.
3 views 0 purchase
Course
CSLB law and business
Institution
CSLB Law And Business
Business A level case study examples questions and answers.
Understanding different business forms - Correct Answer NHS/Network Rail are examples of large businesses in the public sector, who provide services for people
Examples of elastic PED (sensitive to price change) - Correct Answer Twirl ...
Business A level case study examples
questions and answers.
Understanding different business forms - Correct Answer NHS/Network Rail are examples of large
businesses in the public sector, who provide services for people
Examples of elastic PED (sensitive to price change) - Correct Answer Twirl bar/Hovis bread/Sunday
express
Examples of inelastic PED (insensitive to price change) - Correct Answer The tobacco industry
Boston matrix - Correct Answer Apple
Star - I phone
Cash cow - App store
Problem child - Apple watch
Dog - I pod range
Penetration pricing - Correct Answer setting a low initial price on a new product to appeal immediately
to the mass market for example IKEA in China
Price skimming - Correct Answer a pricing policy whereby a firm charges a high introductory price, often
coupled with heavy promotion e.g. commonly used in the electronics industry for example Apple
Multi-channel distribution - Correct Answer Over 510 retail stores worldwide
Online stores
Retail partners/distributor's e.g. Curry's PC world
Businesses not using e-commerce - Correct Answer Primark - Cannot remain a competitive advantage
with low selling prices if they used e-commerce as it would require a large investment
, Importance of high quality (focused differentiation according to Porter) - Correct Answer Steveston Pizza
company (Vancouver, Canada) - sells a pizza for $850 featuring premium quality ingredients such as
smoked salmon, caviar and other exotic seafood
Costs of poor quality - Correct Answer Alton Towers - roller-coaster crash in 2015, resulted in a cost of
over £40 million due to heavy compensation claims and repair costs as well as lower customer visits
Corporate objectives and strategy - Correct Answer Tesla - Mission and vision statements
Mission: To accelerate the world's transition to sustainable energy
Vision: To create the world's most compelling car of the 21st century by driving the worlds transition to
electric vehicles
SWOT analysis - Correct Answer Amazon
Strengths - Retail market place, Amazon prime and AWS cloud
Weaknesses - 'Last mile' costs
Opportunities - Ring/Zoox acquisitions
Threats - Microsoft azure (competitor of AWS cloud)
Social and legal factors (HRM) - Correct Answer Apple in China (2012)
43% of workers reported experiencing or witnessing an accident at the three investigated plants
Several employee suicides and an explosion that killed three employees in 2011 (Maslow's hierachy of
needs)
Economic change - Correct Answer Increase in fuel prices
From January 2021 to February 2022, fuel prices per barrel increased from £55 to £102
Corporate Social Responsibility/Elikington's Triple Bottom line - Correct Answer Coca Cola
"A world without waste", with the aim of collecting and recycling every bottle making their packaging
100% recyclable.
All water used in the creation of their drinks to go back to the environment to reduce waste and aim to
reduce carbon footprint by 25% by 2030.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller faithpwanjiku. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
