Crtive5515
23.04.2021 •
Business
Looking ahead, Shoprite said it has 'considerable project work to catch up on', due to lockdown. In
total, inclusive of our 2020 catch-up, we budget to spend an estimated R4.8 billion in capital
expenditure with approximately 95% of the amount relating to our RSA operations." Taking into
account the limitations on trade in certain segments due to existing lockdown regulations, the group
said it has traded ahead of expectations since the beginning of July to date.
Source https://businesstech.co.za/nws/business/432008/shoprite-reports-record-sales/
Questions:
1.1 Do you think that Shoprite wields some bargaining power as a buyer?
(25)
1.2 Discuss Shoprite's competitive advantage position regarding the other four aspects of Porter's
Five Forces model?
(40)
1.3 Explain the key success factors for Shoprite and how they can maintain the market share. (25)
Solved
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Ответ:
Explanation:
An entrepreneur is a person with an expanded business vision, who implements a new idea in the market and takes risks and takes advantage of opportunities. Entrepreneurship is one of the most accomplished activities in the world and of greatest return, through a new idea that satisfies the needs of other people, it is possible to obtain high profitability and expand business, becoming a successful entrepreneur.
It is important, however, to have a vision of the market and rising trends before starting a new business. A good idea is perhaps to invest in a vegan snack bar, as this is a niche market with a growing demand in the world today, as people are more aware of what they consume and expect a company to have socio-environmental responsibility in society.