business

  • Created by: drtnhtgz
  • Created on: 31-10-18 11:34
View mindmap
  • Sports direct
    • Marketing
      • better brand image
        • e.g. abolishing their 6 strike policy
          • improved job security
        • increased customer retention rates
          • increased profits
            • increased market share
      • improved stakeholder relations
        • more trust, more profitable. pay suppliers faster
    • Finance
      • Giving everyone guaranteed hours, will cost more
      • able to budget
        • Know the amount of wages you'll be paying a week/ month
    • HR
      • Fewer warehouse searches
        • More trust, improved employee relations
      • decreased penalties for being late
        • more leeway, better relationships between staff
      • Moving more jobs from temporary to permanent.
        • job security
          • Maslow
    • Operations
      • staff more motivated,
        • lower labour cost per unit
      • Better quality products due to staff motivation
        • fewer defects
      • increased speed of response
        • better service
          • improved customer relations

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