Whole Kids noticed that parents were asking for more allergy-friendly snack options. How did the business respond?

They introduced a new range of allergy-friendly snacks.

An employee at Sony saw a market opportunity in the gaming industry. How did Sony respond to this internal influence?

They supported the idea and developed the PlayStation.

Netflix noticed a change in consumer preferences and advancements in internet technology. What did they do in response?

They created a streaming service and invested in original content.

The NSW government introduced COVID-19 safety regulations. What was one response made by supermarkets?

They introduced limits on customers and put floor markings.

Coles began reducing prices on staple items like milk and bread. How did Woolworths respond to this external influence?

They copied the pricing strategy to stay competitive.

Versa, a digital agency, responded to social trends demanding better work-life balance. What did they do?

They closed on Wednesdays, creating a four-day work week.

studbud

Thursday Period 3

6 termsStudBud Administration1 play

Imported from external platform

Flashcards6 cardsFPractice quizPHost liveL

Questions 6

Answers

1
Whole Kids noticed that parents were asking for more allergy-friendly snack options. How did the business respond?
They raised prices on existing products.
They stopped producing organic products.
They introduced a new range of allergy-friendly snacks.
They opened a fast-food division.
2
An employee at Sony saw a market opportunity in the gaming industry. How did Sony respond to this internal influence?
They changed their TV production strategy.
They allowed the employee to work for Nintendo full-time.
They ignored it and fired the employee.
They supported the idea and developed the PlayStation.
3
Netflix noticed a change in consumer preferences and advancements in internet technology. What did they do in response?
They reduced their marketing budget.
They created a streaming service and invested in original content.
They opened more DVD rental stores.
They partnered with Blockbuster.
4
The NSW government introduced COVID-19 safety regulations. What was one response made by supermarkets?
They closed all stores permanently.
They ignored the rules to save money.
They cut staff to reduce costs.
They introduced limits on customers and put floor markings.
5
Coles began reducing prices on staple items like milk and bread. How did Woolworths respond to this external influence?
They raised their prices to show higher quality.
They stopped selling those items.
They opened new stores overseas.
They copied the pricing strategy to stay competitive.
6
Versa, a digital agency, responded to social trends demanding better work-life balance. What did they do?
They made employees work from home every day.
They closed on Wednesdays, creating a four-day work week.
They removed lunch breaks.
They reduced staff wages.

Thursday Period 3 Flashcards | StudBud