Sample Strands (can Be Adapted To Any Question) Flashcards
Positive 1: (Implementing [specific action, e.g., new technology, training)
Increased efficiency →
higher productivity, meaning more output is produced→
unit costs decrease, boosting profit margins →
competitive advantage + increased market share
Positive 2: (specific action, e.g., enhanced customer service, product quality)
Improves customer satisfaction as they are
(more likely to have a positive perception of the brand) →
fostering brand loyalty (repeat purchases) →
increasing customer retention + strengthens brand’s reputation
Positive 3: (specific action, e.g., employee training, development)
Improves human capital →
skilled and motivated employees more likely to generate innovative ideas →
development of new products/services improving the business’ competitiveness →
enabling the business to thrive in a dynamic + competitive market
Negative 1: (specific cost, e.g., raw material prices, labor costs)
Increases overall costs →
Impacting the business’ profit margins →
reduces funds available for reinvestment in (r&d or marketing) →
Hinders the business from grow and remain competitive →potentially lead to a decline
Negative 2: (specific problem, e.g., communication, management style)
Leads to operational inefficiencies →
misunderstandings, errors, and delays, causing a decline in productivity. →
employee demotivation, increased absenteeism, and higher staff turnover. →
negatively impact the business’s overall performance
Negative 3: (specific change, e.g., technological advancements, changing consumer preferences)
not responding to… Leads to a loss of relevance →
Competitors who adapt more quickly will gain a competitive advantage →
decrease in sales and market share, potentially leading to financial difficulties →
ultimately lead to the decline and eventual failure of the business.