Closure of borders and quarantine, reducing customers
Qantas - COVID-19 Regulations (2021)
Ensuring public safety
Severe financial losses due to a reduction in services
Tim Tam - 2023
Customer demographic involved a rise in people being gluten free
Tim Tam - 2023
Reaches a wider audience, and allows them to sell more of their products boosting profit
Must be able to adapt in a possible change of customer demographic where less people are gluten free
Godfreys - 2024
Closed due to low consumer confidence levels and cost of living pressures resulting in inefficient sales, forcing the business to go into liquidation
Woolworths - 2022
Implemented 'Scan and Go' system where customers can scan products as they put them in their trolley, using the Woolworths app, and pay automatically as they leave, with a code
Woolworths - 'Scan and Go'
Increased time efficiency, attract more customers, higher customer satisfaction – less waiting times quick and easy checkout
Replacing employees – rise of unemployment rate, requires maintenance – app and machines, may face with technological issues such as bugs and malfunctions
Telstra - 2021
Expanded overseas in partnership with Digicel Pacific, in countries like Papua New Guinea and Fiji
Telstra - Overseas Expansion
Adding 2.5 million customers – reaching a larger audience, expanding the business leading to global success
Issues regarding conversion of currency, creating more room for error and risks, significant investment – employees and services
Apple - 2021-2023
Issued and been granted over 11,000 patents protecting their innovation, and stopping other companies from selling it
Apple - Patent Protection
Ensures originality within the market, avoid cheaper copies, act as a selling point as no one else sells their technology
Companies may find work arounds certain patents – name of it and other specific details, can end up in lawsuits and waste of time
Qantas - 2022
Wants sustainable aviation in the airlines industry, through SAF (Sustainable Aviation Fuel) – reduce carbon emissions by up to 80%
Qantas - Sustainable Aviation
Builds better brand reputation, cleaner and safer for the environment, aligns with customer values on the environment – more people may choose sustainable options
Costly – rise of ticket prices, therefore less customers, requires long term dedication to bring to reality