Unit 1 LOC Culture, CSR, Impact

What is corporate culture?

• Corporate cultures, reach to the core of a company’s ideology and practice, and affect every aspect of a business.

• Corporate culture refers to the beliefs and behaviors that determine how a company's employees and management interact.

• It's a business model that helps a company be socially accountable

• A company's culture will be reflected in its dress code, business hours, office setup.

Corporate culture can sometimes be described as how a business 'feels'.

• True

• False

CSR stands for?

• Consumer Service Record

• Corporate Social Responsibility

• Caring, Sharing and Rapport

• Comprehensive Study Review

Amazon Employed more than 40,000 veterans and military spouses, surpassing our goal of 25,000 by 2021 - what is this and example of?

• Corporate Social Responsibility

• Corporate Culture

Which of these is NOT an Example of Amazon's Corporate Social Responsibility?

• Reaching net-zero carbon emissions across our operations by 2020

• Making 50% of all shipments net-zero carbon by 2030

• On a path to powering our operations with 100% renewable energy by 2025

• Reaching net-zero carbon emissions across our operations by 2040

Your competitors are in the same line of business and they are offering the same product and service - what type of competition is this?

• Direct

• Indirect

Business competition is the race or rivalry among business ? that are competing in the same niche.

(a)  

Define: niche market

• a tiny market stall

• a comfortable or suitable position in life or employment.

• a market for niche people

• a small, specialised market for a particular product or service.

How do Amazon differentiate themselves from their competitors?

• They offer a wide range of products and services

• They offer free delivery and other Prime benefits such as music

• They offer their customers a huge choice of vendor

• All of these

Your competitors are offering the same product or service, but adopting a different business strategy to target their market - this is what?

• Direct competition

• Indirect competition