Mng3701 case study Study guides, Class notes & Summaries

MNG3701 EXAM PACK 2023 LATEST QUESTIONS AND ANSWERS. Use an example related to the Investec case study to explain the concept of ‘transient competitive advantage’. (2 marks) b) ‘According to the information provided in the case study, Investec has a transient competitive advantage’. Do you agree or disagree with this statement? Justify your answer. (3 marks) 1.2 a) Evaluate the 1999 mission statement of Investec to determine whether it meets the requirements of a good mission statem...

MNG3701 Strategic Planning III We are excited to welcome you to the Strategic Planning III module! This module is a capstone module in many of the undergraduate qualifications. As an exit level module, we recognise that you are close to completing your qualification and we encourage you to keep up the hard work. Within the broader context of Strategic Management, this module will present you with the theoretical foundations of Strategic Planning. The contemporary business environment is rec...

MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester % TRUSTED workings, explanations and solutions......... QUESTIONS: 1. Explain the strategic importance of analysing the external environment and critically discuss the various methods for external environment analysis. 2. Using the information in the case study, conduct an analysis of the SPAR internal, macro- and market environment. 3. Distinguish between different business-level strategies that SPAR can use to achieve its strategic goals. 4. Ide...

MNG3702 EXAM PACK 2023 Revision PACK Questions. Answers EXAM TIPS Strategic Management-MNG3701/3702 1. Knowledge vs. Understanding Knowledge is when only theory is provided, which will account for 50% mark allocation. Students are required to demonstrate an understanding the concept by showing how it is/could be applied in practical context 2. Critical Thinking There is a difference between ―Discuss and Critically discuss‖. To be critical entails ―the judgement of the value of th...

MNG3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2023. 100% CORRECT questions, answers, workings and explanations..................... SPAR Group SPAR, the ‘quiet upstart from Durban’ has shaken up the retail industry. SPAR was born from an idea by Adriaan van Well, who felt that independent wholesalers and retailers could work and prosper together through a voluntary trading model. The first SPAR store opened in the Netherlands in 1932 and was initially called DE SPAR, an acronym used to ...

MNG3701 EXAM PACK 2023 QUESTIONS AND ANSWERS. Competitive Advantage Explained: The organisation strives for is profitability. In order to make a profit in a specific industry, a business has to have something that makes it better than its competitors in the same industry. Spur restaurants have a competitive advantage in the area of creating a family atmosphere with good quality, affordable food and something for everyone: from steaks and burgers to pizzas and pastas and obviously also thei...

MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2023 - DUE 25 August 2023.Detailed working, solutions, memo, notes & explanations.Bell Equipment Bell Equipment (Bell) is one of the most impressive South African business success stories and was founded in 1954 in KwaZulu-Natal. Bell has a global footprint and 60 years of experience in the manufacture, distribution and support of material-handling equipment to a broad spectrum of industries. Its team of more than 3 000 people worldwide puts ...

MNG3701 - Case Study: Spurcorp – VRIO Revised Questions and Answers 2023 What does the VRIO framework stand for? Valuable- is the resource valuable?, rare- is the resource rare?, imitable- is the resource imitable?, organized- are there organizational processes in place to support valued resources? What are the 3 types of resources? Tangible, Intangible, Capabilities What king of resource does this describe? Spur's strong brand name Intangible What king of resource do...

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...

What does the VRIO framework stand for? Valuable- is the resource valuable?, rare- is the resource rare?, imitable- is the resource imitable?, organized- are there organizational processes in place to support valued resources? What are the 3 types of resources? Tangible, Intangible, Capabilities Brainpower Read More What king of resource does this describe? Spur's strong brand name Intangible What king of resource does this describe? reputation for a good steak Intangible What king ...