ASSIGNMENT 1 2025
DUE: 30 SEPTEMBER 2025
SEMESTER 2 2025
, MNG2602 ASSIGNMENT 1 2025
DUE 30 SEPTEMBER 2025
SECTION A: INTEGRATED REPORT
The following seven questions are based on Pick n Pay’s integrated annual
report (IAR) for 2024. You need to download the report to answer the questions.
To download the integrated report, go to
picknpayinvestor.co.za/pdf/annual-report/2024/integrated-annual-report-2024-
spread.pdf
Question 1
Refer to the ‘Chair’s report’ on pages 10 to 11 of the IAR and provide the following by
quoting from this section:
1.1 Two strengths of Pick n Pay (internal factors)
According to Chapter 11 strengths are “assets, resources, skills and processes that
represent potential competitive edge” (LU6, p.167).
“The success of the Boxer, Pick n Pay Clothing, Online and value-added services
businesses carried the Group and provide a strong foundation for the recovery of the
overall business.” This is a clear strength because it reflects high-performing
business segments that can be leveraged to support weaker areas (Strategic
Management, LU6, p.167). These segments demonstrate adaptability to consumer
trends, especially the rapid growth of online sales and value-driven retail.
“Pick n Pay remains one of South Africa’s most iconic and loved brands…
recognised as the strongest brand in South Africa in April 2023 according to Brand
Finance… voted the Best Everyday Grocery Store in The Star newspaper Reader’s
Choice survey.”