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MNG2601-26-S1

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In 2019, Taste Holdings restructured their operations to eliminate inefficiencies. 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 difficult 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 find a buyer for Domino’s Pizza.

The restructuring that Taste Holdings implemented in 2019, is an example of _____ interdependence coordination.
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According to _____ theory of motivation, with the basic premise that behaviour is a function of its consequence, a manager can provide intrinsic or extrinsic rewards to employees to motivate them.
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Unilever South Africa provides

personal care and foods products. The company offers products such as soups,

sauces, noodles, meals, ice creams, tea-based drinks, margarines, oral care,

soaps, washing, deodorants and skin care products.  Over two billion people choose a Unilever

product globally on any given day, from feeding their family to keeping their

homes clean and fresh. In 2020, due to the COVID-19 pandemic, Unilever tasked

their IT department to develop a new online shop platform, where companies and

individuals can place orders to be delivered at a fee. Unilever’s long-term

strategic plan remains focused on delivering an exceptional customer offer,

focused on sustainable production, uplifting their community, and managing

responsibly.

In 2020, Unilever followed a/n

_____ corporate growth strategy.

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The first step in the control process is to _____.
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The effects of the COVID-19 outbreak were felt throughout the world. At Microsoft, for example, the virus hampered production of laptops and tablets, as many parts are produced in China. This meant that Microsoft’s sales forecast was cut for the division that makes those products, scrapping a projection it had issued just a few weeks earlier. This is an example of _______ shortages used to produce completed products.
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Which one of the following is not a reason for the importance of control in organisations?
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On 21 April 2016, Taste Holdings opened the doors of the first 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. This was not the end for Starbucks in South Africa. In 2019 Adrian Maizey, CEO of Rand Capital Coffee (RCC) bought the rights to own and operate Starbucks in South Africa. RCC bought the 12 stores for R7 million rand. After the acquisition, Rand Capital Coffee (RCC) inherited the 12 Starbucks stores, with plans to continue expanding the brand to roll out 30 new stores by March 2022. RCC planned to restructure the business model to include economies of scale, and to enter an agreement with Shoprite Checkers. This agreement extended Starbuck into regions and neighbourhoods that would have otherwise not been a viable business option. The change in strategy involves moving away from large store roll outs, and towards smaller kiosk-format locations, reaching more market segments. Despite the 2021 disruptions of the pandemic, the related lockdowns, looting, strikes, load- and water-shedding, RCC managed to open 41 additional stores in December 2022. Under RCC, a total of 54 stores were opened in 2022. Which one of the following options is an example of a market development strategy followed by RCC?
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On 21 April 2016, Taste Holdings opened the doors of the first 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. Which one of the following options is an example of a product development strategy followed by Taste Holdings?
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Consider the following managerial tasks to answer the question.

1 Set

direction

2 Align

people

3 Plan and

budget

4 Inspire

people

5 Organise

and staff workforce

6 Control

and solve problems

Which of the tasks listed above are more associated with

leaders than managers?

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Consider the following list of variables to answer question:

1 The mission statement

2 Objectives of the organisation

3 Economic environment

4 Organisational resources

5 Social environment

6 Customers

7 The labour market and labour unions

8 Intermediaries

The Coronavirus pandemic that started towards the end of

2019 in Wuhan, China, originated from the _____.

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