AQA BUSS 4 - Corporate Culture Discussion

jan11 q3 seems super hard to me... lets do the one paragraph thing

that's cool with me.. whats the question?

Also, has anyone got ready a perfect paragraph to define organisational culture? I've got mine just about memorised and it seems reasonably good and shouldn't take any more than a couple of minutes to do. (Providing I can remember most of it tomorrow morning!)..We do need to define this don't we...??

Greater access to the internet has enabled buyers to search more easily for
information about potential suppliers of goods and services. This has significantly affected many industries, such as insurance, banking, retailing and travel. To what extent do you think that increased internet usage inevitably reduces producers’profits? Justify your answer with reference to organisations and/or industries that youknow.

forgot that there was a new page

Haha no worries, you can start

Also, has anyone got ready a perfect paragraph to define organisational culture? I've got mine just about memorised and it seems reasonably good and shouldn't take any more than a couple of minutes to do. (Providing I can remember most of it tomorrow morning!)..We do need to define this don't we...??

This question seems too hard for me all i can think of so far..is doing a paragraph on porters 5 forces a

I'll do a point for first bear with me

I got this..doesn't seem good enough

Greater access to internet means that buyers can compare more products across a wider platform than what they have currently available because they have greater power, each of the individual business can be compared against each other to find the best priced one. So for firms with average prices and little differentiation from competitors, they will see a dramatic fall in profit due to cheaper substitute products being available. For example, the grocery markets’ online sales is 3% which is predicted to increase by at least 12% by the end of 2012. This means that there is a substantial growth market with low barriers to entry which will be attractive, so more competitors can set up online shops meaning the strength of the buyers will increase. Therefore, they can demand prices and negotiate on them so profit margins will fall.

This is quite good... my point isn't that much different

It could be argued that increased internet usage does damage producers profits. This is because online, there are few barriers to entry. This means that it is easy for firms to enter the market and begin selling, suggesting that there is increased levels of competition. As a result of this, firms find themselves needing to compete better on price. This forces retailers that don’t operate over the internet to reduce their prices also as they now begin to face more price elastic demand. This was the case with Game. With increasing numbers of its customers switching to cheaper online retailers, Game struggled to lower its prices enough to successfully retain its customers. As a result of this fall in sales, in April 2012, Game announced the sale of 333 stores to investment firm; Baker Group. Increased internet usage puts pressure on firms to reduce prices, therefore damaging the profits of producers. Those that do not reduce prices may see customer numbers fall, which will also damage profits.

Your examples are so amazing..i cant even remember much for my examples and your listing off paragraphs

Yeah that's why I suggested that one... it's tough isn't it?

Anyone else doing an all nighter? Or even trying to stay up as long as possible?
I really want to smash this exam as it is my last one, tomorrow at 10:45am we will all be free guys! Yaaay