plans

• What is profit essential for in a business?

  Survival and growth
• Why is profit a key indicator of success?

  It shows income exceeds spending
• What happens to a business without profit?

  It cannot reinvest or expand
• How does consistent profit benefit firms in competitive industries?

  It allows innovation and investment in R&D
• What does Apple's profit enable it to do?

  Invest in product development
• How does profit signal financial health?

  It attracts investors and banks
• What is a potential downside of focusing solely on profit?

  It may lead to unethical practices
• What non-financial measures are becoming important?

  Customer satisfaction and brand reputation
• How do intangible factors influence business success?

  They affect long-term profitability and sustainability
• Why are customer reviews significant in the digital age?

  They can make or break a business
• How does Patagonia enhance brand loyalty?

  By emphasizing environmental sustainability
• What might a business with strong stakeholder relationships achieve?

  Better long-term performance than profit-focused firms
• What is the conclusion regarding profit as a measure of success?

  Profit is crucial but not always the most important
• What do many firms prioritize alongside profitability?

  Long-term sustainability and ethical values
• What factors influence the importance of profit for a business?

  Type of business and stakeholder priorities
• What is the most important reason for the shift in consumer values?

  Changing consumer and investor interests
• What can becoming a PLC provide to shareholders?

  Increased access to capital and liquidity
• How does a public listing benefit a business?

  It allows raising large amounts of capital
• Why is capital important for businesses looking to expand?

  It funds rapid growth and international markets
• What was the outcome of Facebook's public listing?

  It raised billions for acquisitions
• What is a potential downside of being a PLC?

  Share price may fluctuate more
• What pressures do public companies face?

  Intense scrutiny from investors and media
• How can short-termism affect public companies?

  It may harm long-term shareholder value
• What happened to Tesco due to public scrutiny?

  It faced criticism and share price drops
• How does increased transparency affect public companies?

  It can create volatility and undermine returns
• What advantage do private companies have over public ones?

  They can focus on steady growth
• What is the conclusion regarding PLC status and shareholder benefits?

  Becoming a PLC does not always benefit shareholders
• What are the risks associated with public listing?

  Volatility and regulatory burden
• What factors determine the benefits of becoming a PLC?

  Business growth strategy and stability
• What is the most important reason for becoming a PLC?

  Need for major funding and handling public pressures
• What role do market conditions play in business success?

  They influence demand, pricing, and opportunities
• What factors are included in market conditions?

  Consumer confidence and economic cycles
• How do economic booms affect businesses?

  Consumers spend more, allowing businesses to thrive
• What happened to travel companies during COVID-19?

  They faced setbacks due to poor market conditions
• What can businesses do in poor market conditions?

  Take actions to mitigate or exploit them
• What internal factors can outweigh market conditions?

  Leadership, innovation, and strategy
• How can a strong internal strategy help a business?

  It helps adapt to tough markets
• What did Netflix do to adapt to market shifts?

  Pivoted from DVD rental to streaming
• What does proactive management lead to?

  Success despite poor market conditions
• What is the conclusion regarding market conditions and business success?

  Market conditions are important but not always the most important