Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

12 Questions

0 Views

Wesfarmers objectives and strategies

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the entrepreneurial spirit approach adopted by the company?

Encouraging teams to follow rigid protocols and minimize risk

Focusing on short-term profits and ignoring innovative ideas

Micromanaging teams to ensure they follow strict guidelines

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

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

Chemicals, Energy and Fertilisers

Kmart Group

Automotive Industry (correct)

Bunnings Group

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

15%

10%

20%

18% (correct)

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

Everyday health products Signup and view all the answers

What is the company's approach to investment decisions?

Making prudent and sustainable investment decisions Signup and view all the answers

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

Enabling further productivity and efficiency gains Signup and view all the answers

What is Wesfarmers' primary objective?

To deliver a satisfactory return to shareholders over the long term Signup and view all the answers

How does Wesfarmers achieve its primary objective?

By anticipating customer needs and delivering competitive goods and services, among other things Signup and view all the answers

What is the first value-creating strategy of Wesfarmers?

Operating excellence through strengthening existing businesses Signup and view all the answers

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

Integrity in all dealings Signup and view all the answers

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

Customer satisfaction Signup and view all the answers

What is the fourth value-creating strategy of Wesfarmers?

Operating sustainability through responsible long-term management Signup and view all the answers