Business Management HL
Business Management HL
6
Chapters
223
Notes
Unit 1 - Introduction To Business Management - QB
Unit 1 - Introduction To Business Management - QB
Unit 2 - Human Resource Management - QB
Unit 2 - Human Resource Management - QB
Unit 3 - Finance & accounts - QB
Unit 3 - Finance & accounts - QB
Unit 4 - Marketing - QB
Unit 4 - Marketing - QB
Unit 5 - Operations management - QB
Unit 5 - Operations management - QB
Unit 6 - Assessment
Unit 6 - Assessment
IB Resources
Unit 1 - Introduction To Business Management - QB
Business Management HL
Business Management HL

Unit 1 - Introduction To Business Management - QB

Understanding Private Vs. Public Sectors: O2S Case Study

Word Count Emoji
695 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited on 5th Nov 2024

Table of content

Background

Meet Off2SchoolSupplies (O2S), an office supply company. For a long time, they were the heroes of the small, privately held companies in their region. They had a superb network and never ventured to sell to state schools, government entities, or big publicly held companies. This strategy worked like magic, with the company seeing its sales grow every year for two decades.

 

But then, along came the internet, changing the way businesses worked. Now, many small companies started buying office supplies from online sellers. With slowing sales, O2S needed a new plan, so they decided to reach out to public sector organizations.

 

Let's look into the two worlds O2S is navigating: the private and public sectors.

The tale of two sectors

The private sector is like O2S's hometown - it's where they've been operating for years. This sector includes privately owned small and medium companies. O2S's model worked well here because they had strong relationships and were in close proximity.

 

Imagine your local grocery store, where everyone knows everyone. The store owner knows your favorite snack and has it ready for you every time you walk in. That's the kind of bond O2S had with these companies.

The private sector - home sweet home

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IB Resources
Unit 1 - Introduction To Business Management - QB
Business Management HL
Business Management HL

Unit 1 - Introduction To Business Management - QB

Understanding Private Vs. Public Sectors: O2S Case Study

Word Count Emoji
695 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited on 5th Nov 2024

Table of content

Background

Meet Off2SchoolSupplies (O2S), an office supply company. For a long time, they were the heroes of the small, privately held companies in their region. They had a superb network and never ventured to sell to state schools, government entities, or big publicly held companies. This strategy worked like magic, with the company seeing its sales grow every year for two decades.

 

But then, along came the internet, changing the way businesses worked. Now, many small companies started buying office supplies from online sellers. With slowing sales, O2S needed a new plan, so they decided to reach out to public sector organizations.

 

Let's look into the two worlds O2S is navigating: the private and public sectors.

The tale of two sectors

The private sector is like O2S's hometown - it's where they've been operating for years. This sector includes privately owned small and medium companies. O2S's model worked well here because they had strong relationships and were in close proximity.

 

Imagine your local grocery store, where everyone knows everyone. The store owner knows your favorite snack and has it ready for you every time you walk in. That's the kind of bond O2S had with these companies.

The private sector - home sweet home

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 🌟