Business Objectives Flashcards
1
Q
What are some examples of profit maximisers in the UK
A
Tesco
British Petroleum
Ryanair
Easyjet
Apple
M&S
If you ever get confused during the exam, just guess a random company, as most of them are profit maximisers
2
Q
What are some examples of sales maximisers in the UK
A
-PlayStation when selling their consoles
-Tesco (buy one, get one free)
-Ryanair (cheap flights)
-Starbucks UK (seasonal promotions)
3
Q
What are some examples of revenue maximisers in the UK
A
British Airways
O2
Apple
UBER (low pricing
National rail (peak/off-peak)