Started on Monday, 29 July
2024, 8:28 PM
State Finished
Completed on Monday, 29 July
2024, 9:57 PM
Time taken 1 hour 28 mins
Grade 16.00 out of 20.00
(80%)
In 2019, Taste Holdings restructured their
operations to eliminate ine ciencies.
Taste Holding’s six brands (The Fish &
Chip Co, Maxi’s, Domino’s Pizza, NWJ,
Arthur Kaplan and World’s Finest
Watches) each had their own dedicated
executive team. The respective executive
team was responsible for implementing
brand strategy and operational functions
such as human resources and marketing,
with little interference or interaction
between the six brand divisions. Looking
at the annual report of Taste Holdings, a
few highlights are evident concerning the
business, its activities, and its business
environment. Taste Holdings’ executive
team, with CEO Dylan Pienaar, made a
di cult decision. They announced their
exit out of the food business industry.
Taste Holdings reported that its
Starbucks stores are more expensive to
set up and run compared to their
competitors. Subsequently, they started
the process to sell their food businesses,
rebranded as Luxe, and will only be
focussing on their luxury divisions - NWJ,
Arthur Kaplan and World’s Finest
Watches. However, in March 2020, just
when the Covid-19 pandemic hit South
Africa, Taste Holdings started to liquidate
its food division as they could not nd a
buyer for Domino’s Pizza.
The restructuring that Taste Holdings
implemented in 2019, is an example of
_____ interdependence coordination.
a. progressive
b. sequential
c. pooled
d. reciprocal
A responsible manager who is working
for a _____should aim to invest corporate
money and their own activity to create
the highest social return on investment.
a. responsible organisation
b. business foundation
c. civil corporate
d. social entrepreneur
Question 3
Correct
Mark 1.00 out of 1.00
On 21 April 2016, Taste Holdings opened
the doors of the rst Starbucks in
Johannesburg, bringing the full
Starbucks experience to Rosebank. Taste
Holdings, under an agreement with
Starbucks, is a business franchise group
holding the rights to own and open
Starbucks stores in South Africa. Taste
Holdings is a South African-based
management group that owned and
licensed a portfolio of brands such as
The Fish & Chip Co, Maxi’s and Domino’s
Pizza, as well as NWJ, Arthur Kaplan and
World’s Finest Watches. Under this
alliance, Taste Holdings opened 12
Starbucks in South Africa. The Starbucks
stores did not perform optimally in 2018.
In the same year they paused all roll out
plans to investigate the matter. They
found that the Starbucks business model
was not suited for the South African
market. South Africa consumers, for
example, do not like strong coffee, which
is what the brand is known for. According
to the Boston Consulting group growth-
share matrix, the Starbucks division (or
business unit) can be classi ed as a
_____ for Taste Holdings.
The effects of the COVID-19 outbreak
were felt throughout the world. Read the
list below and answer the question that
follow:
1. Microsoft was unable to obtain parts
2. Closure of South Africa’s borders
3. Chinese consumers were buying
less
4. Amazon taking steps to get hands
on inventory despite the outbreak
5. Global nancial markets are down
by 30%
6. Federal Reserve Bank cut interest
rates by half a per cent
Which of the variables in the list above
could in uence the outputs and
performance of the Shoprite group?
a. 6; 5
b. 3; 6
c. 1; 3
d. 3; 5
Question 5
Correct
Mark 1.00 out of 1.00
The overall goal of strategic
management is the achievement of
_____.
a. pro t maximisation
b. sustained competitive
advantage
c. job creation
d. social value maximisation
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