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MNG4801 Assignment 2 2023 (Answers) | Business Management Harvard Referencing, Page limits ADHERED to with accurate and well explained answers. $4.52
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, Table of Contents
1 DECLARATION....................................................................................................................... 2
Introduction ..................................................................................................................................... 3
2 Question 2............................................................................................................................... 3
2.1 Discuss the strategic importance of the macro-environment on an organisation’s situation.
Aspart of your discussion, identify and describe the specific macroenvironmental
factors/forcesthat affected Mr Price. You need to support your discussion by integrating the
relevant theory inyour discussion with practical examples from the case study. .......................... 3
3 Question 3............................................................................................................................... 5
3.1 Introduce the concepts of “threshold capabilities” and “distinctive capabilities” and
discusshow they contributed towards Mr Price’s competitive advantage. You need to support
yourdiscussion by integrating the relevant theory in your discussion with practical examples from
thecase study. ............................................................................................................................. 5
3.1 Discussion on Business Level Strategies in Power Fashion, Mr Price, Studio 88, and
Yuppiechef: ................................................................................................................................. 5
3.1.1 Driving Competitive Advantage .................................................................................. 5
3.1.2 Mr Price: Hybrid Strategy - Cost Leadership and Differentiation ................................ 6
3.1.3 Studio 88: Differentiation Through Exclusive Brand Offerings .................................... 6
3.1.4 Yuppiechef: Focused Differentiation Strategy ............................................................ 7
4 Question 4:............................................................................................................................ 10
4.1 Business Level Strategies and Competitive Advantage in Power Fashion, Mr Price, Studio
88, and Yuppiechef: .................................................................................................................. 10
4.1.1 Power Fashion: ........................................................................................................ 10
4.1.2 Mr Price: .................................................................................................................. 10
4.1.3 Studio 88: ................................................................................................................ 11
4.1.4 Yuppiechef:.............................................................................................................. 12
5 Question 5............................................................................................................................. 12
5.1 Identify and critically discuss two corporate growth strategies evident in the Mr Price case
study. Conclude your discussion by describing how their strategies contribute to Mr Price
becoming "the most valuable retailer in Africa”. You need to support your discussion by
integrating the relevant theory in your discussion with practical examples from the case study. 12
5.1.1 Diversification: ......................................................................................................... 12
5.1.2 Growth strategy – Horizontal Integration through Acquisition: .................................. 13
5.1.3 Contributing to Becoming "The Most Valuable Retailer in Africa": ............................ 13
6 Question 6:............................................................................................................................ 14
6.1 If you could redo this assignment again, what would you want to do differently? ............ 14
6.2 Indicate the three most difficult aspects of doing this assignment. .................................. 15
7 Conclusion ............................................................................................................................ 15
8 References............................................................................................................................ 16
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