✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
In 2019 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. Dylan Pienaar would typically make _____ plans, with a _____term timeframe.