MNG3701
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Purpose of Business Organisation - CORRECT ANSWER-* To the Entrepreneur it is the profit he makes from his business 
* To the consumer it is the value of the service or product 
* To employees it is their salary/wage earned 
* To an organization it can be selling shares to shareholders 
 
Stakeholders - CORRECT ANSWER-Any person or group of people that have (or claim to have) an interest in an organization and its activities. 
 
Stakeholder Expectations - CORRECT ANSWER-* Customers - quality pro...
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Purpose of Business Organisation - CORRECT ANSWER-* To the Entrepreneur it is the profit he makes from his business 
* To the consumer it is the value of the service or product 
* To employees it is their salary/wage earned 
* To an organization it can be selling shares to shareholders 
 
Stakeholders - CORRECT ANSWER-Any person or group of people that have (or claim to have) an interest in an organization and its activities. 
 
Stakeholder Expectations - CORRECT ANSWER-* Customers - quality pro...
INTRODUCTION 
This essay will delve into the concept of responsible competitiveness and differentiate it from its counterpart, irresponsible competitiveness. It will also identify four sources of competitive advantage for Dis-Chem, evaluate the effectiveness of its vision statement, and analyze the company's market environment. In doing so, the major competitors for Dis-Chem will be identified using additional resources and the internet. Furthermore, this essay will explain Porter's five force...
- Exam (elaborations)
- • 8 pages's •
-
MNG3701•MNG3701
Preview 2 out of 8 pages
INTRODUCTION 
This essay will delve into the concept of responsible competitiveness and differentiate it from its counterpart, irresponsible competitiveness. It will also identify four sources of competitive advantage for Dis-Chem, evaluate the effectiveness of its vision statement, and analyze the company's market environment. In doing so, the major competitors for Dis-Chem will be identified using additional resources and the internet. Furthermore, this essay will explain Porter's five force...
Mng3701 assignment 1 200+ questions and answers 2022/2023
- Exam (elaborations)
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Mng3701•Mng3701
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Mng3701 assignment 1 200+ questions and answers 2022/2023