Wesfarmers objectives and strategies

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12 Questions

What is the entrepreneurial spirit approach adopted by the company?

Encouraging teams to identify opportunities and apply a commercial and financial acumen to support calculated risk taking

Which of the following businesses is NOT part of the company's portfolio?

Automotive Industry

What was the percentage increase in revenue for the company as of 30 June 2023?

18%

What is the primary focus of the company's health division?

Everyday health products

What is the company's approach to investment decisions?

Making prudent and sustainable investment decisions

What is the primary benefit of the company's digital capabilities?

Enabling further productivity and efficiency gains

What is Wesfarmers' primary objective?

To deliver a satisfactory return to shareholders over the long term

How does Wesfarmers achieve its primary objective?

By anticipating customer needs and delivering competitive goods and services, among other things

What is the first value-creating strategy of Wesfarmers?

Operating excellence through strengthening existing businesses

What is one of the core values of Wesfarmers that underpins all of its strategies?

Integrity in all dealings

Which of the following is NOT a core value of Wesfarmers?

Customer satisfaction

What is the fourth value-creating strategy of Wesfarmers?

Operating sustainability through responsible long-term management

Learn about Wesfarmers' primary objective, values, and strategies to deliver a satisfactory return to shareholders. Understand their approach to customer needs, suppliers, environmental sustainability, and community support.

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