Sample Strands (can Be Adapted To Any Question) Flashcards

1
Q

Positive 1: (Implementing [specific action, e.g., new technology, training)

Increased efficiency →

A

higher productivity, meaning more output is produced→

unit costs decrease, boosting profit margins →
competitive advantage + increased market share

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2
Q

Positive 2: (specific action, e.g., enhanced customer service, product quality)

Improves customer satisfaction as they are

A

(more likely to have a positive perception of the brand) →

fostering brand loyalty (repeat purchases) →

increasing customer retention + strengthens brand’s reputation

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3
Q

Positive 3: (specific action, e.g., employee training, development)

Improves human capital →

A

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

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4
Q

Negative 1: (specific cost, e.g., raw material prices, labor costs)

Increases overall costs →

A

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

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5
Q

Negative 2: (specific problem, e.g., communication, management style)

Leads to operational inefficiencies →

A

misunderstandings, errors, and delays, causing a decline in productivity. →

employee demotivation, increased absenteeism, and higher staff turnover. →

negatively impact the business’s overall performance

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6
Q

Negative 3: (specific change, e.g., technological advancements, changing consumer preferences)

not responding to… Leads to a loss of relevance →

A

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.

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