1. Parramatta Marist Problem Based Learning 2013
Problem Addressed
Possible Strategies
to avoid
Liquidation: Impact of
•Sell failure is
•Move online significant- if
Stakeholders the business
•Product •Employees
diversification doesn’t
•Employers survive, then
•Change pricing •Shareholders
strategies their interest
•Environment dies!
•Reduce staff •Government
•Society
Presenters: Miss G Dalla Subject: Business Studies Module: 3

2. Parramatta Marist Problem Based Learning 2013
Actions Taken
•Voluntary vs Involuntary Administration?
•Payless are in voluntary administration- they can continue
trading. It’s a legal way to allow them to continue trading
when facing insolvency
•STRATEGIES vs IMPACT
•Sell Payless Shoes- this will have a negative impact on
shareholders, employees and employers!
•Move Online- this will have a positive effect on
shareholders, employers. Negative impact on employees
•Product diversification- change the variety of products
and delete the non-profitable ones. Will have a positive impact
on shareholders, employees, employers

3. Parramatta Marist Problem Based Learning 2013
Resolution, impacts & outstanding
issues
Sell Payless Product
Shoes VS Move Online VS Diversification
Which strategy is in the best interest of
ALL stakeholders?
From the other identified strategies,
which do you think would benefit ALL
stakeholders?