CHAPTER 3: THE MACRO ENVIRONMENT MGMT 488 – STRATEGY AND POLICY OVERVIEW The macro environmental analysis is the first step in creating the Environmental Analysis. The macro environment examines the general business climate as it relates to the organization‚ but has nothing to do with the organization itself. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The acronym for the macro analysis is “STEEP.” The five areas of interest are Socio-cultural
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Macro And Micro Economics Micro Economics:- Microeconomics is a branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. In particular‚ microeconomics focuses on patterns of supply and demand and the determination of price and output in individual
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people in South Africa it could give Shoprite a competitive advantage over competition such as Pick’ n Pay who are not doing such a big scheme. - A great opportunity for the group is to expand this project because the group does have outlets in Africa and so if Shoprite could do the same scheme in African country’s such as Zimbabwe and Nigeria the group will help get even more positive publicity and advertising as well as bettering the community’s in those
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Annual Financial Statements Shoprite Holdings Ltd and its Subsidiaries as at June 2012 38 Contents Statement of Responsibility by the Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Certificate of the Company Secretary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Currency of Annual Financial Statements . . . . . . . . . . . . . . . . . . . . . . .
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CASE STUDY: SHOPRITE RETAIL GROUP UMBS JUNE 2009 1. BACKGROUND ON SHOPRITE The Shoprite Group (www.shoprite.co.za) is one of South Africa’s largest food retailers. It owns a whole range of brands with which it attempts to serve the South African food retail market. It has also succeeded to export its business model to the rest of Africa‚ the only South African retail company to have done so with considerable success. They were clever enough to develop a business model to fit the situation
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Case Study: Shoprite Part of the FinMark Trust series of case studies on innovative microinsurance models and products in South Africa Authors: Anja Smith and Herman Smit Date: 16 July 2010 The Centre for Financial Regulation and Inclusion USB Bellville Park Campus‚ Carl Cronje Drive‚ Bellville‚ 7530‚ South Africa +27 21 918 4390 www.cenfri.org Table of Contents 1. 2. 3. Introduction .......................................................................................................
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carries almost 25 million passengers a year. • In North America‚ First is the largest provider of student transportation carrying nearly 3 million students every day. CURRICULUM TOPICS • Strategy and planning • External environment • PESTEL analysis • Threats and opportunities GLOSSARY Surface transportation: moving goods or people by rail‚ road or water. Revenues: the total value of sales made by a business in a specific time period. Freight: goods carried by a vehicle. Sustainable
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SHOPRITE PTY LTD Background The Shoprite Group of Companies started from small beginnings in 1979 with the purchase of a chain of 8 Cape-based supermarkets for R1 million. In 1983 the Group opened its first branch outside the Western Cape – in Hartswater in the Northern Cape and expanding in other provinces too. Shoprite was listed on the JSE Securities Exchange South Africa with a market capitalisation of R29 million It then owned 33 outlets. Two years later Shoprite ventured over
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------------------------------------------------- THE CHILDREN OF DIVORCE ------------------------------------------------- Contents Listen Section: CURRENT ISSUES: ANALYSIS Nineteen seventy-four was the first year that more marriages in America were ended by divorce than by death. This made it a watershed year‚ for at that point the majority of family change became something we chose to do to ourselves rather thansomething that happened to us. Today‚ approximately 45 percent of childre
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didn’t fit in with your enviroment? Like you had to change your identity or adapt just to fit in? This is an example of how your enviroment shapes your identity. If your identity is not right for the enviroment you are forced to adapt‚ this is sometimes a consious effort‚ but sometimes not. Say for example you bullied over how you act. You would adapt‚ and try to consiously change your identity so you no longer got bullied over it. But to what extent does your enviroment shape your identity? Take
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