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MNG2601-26-S1
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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. Taste Holdings is a South African-based management group that owned and licensed a portfolio of brands such as The Fish & Chip Co, Maxi’s and Domino’s Pizza, as well as NWJ, Arthur Kaplan and World’s Finest Watches. Under this alliance, Taste Holdings opened 12 Starbucks in South Africa. The Starbucks stores did not perform optimally in 2018. In the same year they paused all roll out plans to investigate the matter. They found that the Starbucks business model was not suited for the South African market. South Africa consumers, for example, do not like strong coffee, which is what the brand is known for. According to the Boston Consulting group growth-share matrix, the Starbucks division (or business unit) can be classified as a _____ for Taste Holdings.
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Which of the following statements does not form part of the nature of moral standards in business ethics? Moral standards_____.
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_____ refers to directing the human resources of the organisation and motivating them in such a way that their actions are aligned with previously formulated goals and plans.
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_____ is the ability of an organisation to quickly adapt to disruptions while maintaining continuous business operations and safeguarding its people and assets.
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Starbuck’s story began in 1971 in Seattle. The first Starbucks was opened in Pike Place Market, offering fresh arabica sourced roasted coffee, tea and spices. Starbucks, the premier roaster and retailer of specialty coffee in the world, has been committed to ethically sourcing and roasting high-quality arabica coffee ever since. They have more than 30 000 stores worldwide, of which a few of these stores are in South Africa. Which one of the following is an example of threat for Taste Holdings?
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_____ can be defined as a framework of rules and practices by which a board of directors ensures accountability, fairness, and transparency in an organisation’s relationship with all its _____.
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Which one of the following is a way to overcome barriers to effective planning? Planning should ______.
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Starbucks’ story began in 1971 in Seattle. They have more than 30 000 stores worldwide, of which a few of these stores are in South Africa. The Starbucks brand is known for investing in their workforce, and this is evident at Starbucks too. In 2019 they have promoted two employees to store manager positions and have recruited additional staff from the changing lanes programme. The Changing lanes programme, developed by Starbucks and Khulisa Social Solutions, is a five-day program to prepare unemployed South Africans for the workplace and assist them with finding jobs. There is training and development opportunities for all employees. The Changing Lanes programme addresses sustainability development goal number _____ at Starbucks.
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Jonathan Bradfield has been farming for 42 years and is currently the owner of Limestone Hill, outside Bathurst in the Eastern Cape. Jonathan farms mainly with pineapples together with his sons-in-law, Anton Ferreira and Albert van der Westhuizen. In recent years, the farm was renewed and expanded significantly. Limestone Hill started their farm with pineapples and over time added cattle, a processing plant, peppadews, cash crops and soon will also commence with macadamia farms. Son-in-law Albert van der Westhuizen oversees the cash crops, soil rehabilitation and the new macadamia project. His main aim at the farm is to ensure the biological side of the business, the soil, is 100% correct. In 2020, a huge investment was made when starting the macadamia project. Van der Westhuizen is also responsible for managing the team that mans the storeroom, which comprises three employees. They receive and check the orders and categorise and systemise the storeroom using an online system. When planting commences, all involved, from van der Westhuizen to the diggers and purchasers, will be able to find the products they require in the storeroom using an online application. Considering the activities of the macadamia business unit, the team manning the storeroom is implementing ____ plans that _____.
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Which motivation theory postulates that people will act according to their perceptions that their work will lead to certain performances and outcomes and by how much they value the outcomes?
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