answers Semester 1 2023
, TABLE OF CONTENTS
INTRODUCTION ....................................................................... 3
1.a Differentiate between responsible competitiveness and
irresponsible ..................................................................................3
competitiveness .............................................................................3
1b Identify four examples of Dis-Chem’s sources of competitive
advantage. .................................................................................... 4
2 Appraise the Dis-Chem vision statement to determine whether
it meets the ................................................................................... 5
characteristics of a well-formulated vision. Hint: Use a table
with the following headings for the evaluation: components,
yes/no, excerpts from the vision statement ................................... 5
3.1 Use additional resources and the internet to identify the
major competitors ......................................................................... 6
for Dis-Chem................................................................................. 6
3.2 Explain Porter’s five forces model and apply it to the
pharmaceutical industry. Indicate the strength of each
competitive force clearly...............................................................6
Competitive rivalry ................................................................. 7
Supplier power ........................................................................ 7
Buyer power .............................................................................8
Threat of substitution .............................................................. 9
Threat of new entrants ............................................................. 9
CONCLUSION ...........................................................................10
REFERENCES ........................................................................... 11