Description
ASSIGNMENT QUESTIONS:
2. Discuss the strategic importance of the macro-environment on an organisation’s situation. As part of your discussion, identify and describe the specific macro-environmental factors/forces that affected Mr Price. You need to support your discussion by integrating the relevant theory in your discussion with practical examples from the case study.
3. Introduce the concepts of “threshold capabilities” and “distinctive capabilities” and discuss how they contributed towards Mr Price’s competitive advantage. You need to support your discussion by integrating the relevant theory in your discussion with practical examples from the case study.
4. Identify and critically discuss the business level strategies evident in the four (4) businesses mentioned in the case study, namely: Power Fashion, Mr Price, Studio 88 and Yuppiechef and explain how each of their business level strategies facilitate competitive advantage in their markets. You need to support your discussion by integrating the relevant theory in your discussion with practical examples from the case study.
5. Identify and critically discuss two corporate growth strategies evident in the Mr Price case study. Conclude your discussion by describing how their strategies contribute to Mr Price becoming “the most valuable retailer in Africa”. You need to support your discussion by integrating the relevant theory in your discussion with practical examples from the case study.
6. Briefly answer these reflection questions:
• If you could redo this assignment again, what would you want to do differently?
• Indicate the three most difficult aspects of doing this assignment.
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