Theme 2016: Mr Price Group

According the IEB circular 100 dated 22 July 2015, the theme for Business Studies in 2016 is … Mr Price Group.

So vinnige inleiding tot die Mr Price Groep:

Verskillende afdelings waaruit die Mr Price Group bestaan.

  • Mr Price  klere is die grootste deel van die groep se omset: omtrent 57%. Hulle verkoop moderne, maar goedkoper klere vir die hele gesin.
  • In 1986 het die groep Miladys oorgevat. Miladys vekoop moderne klere (spesifiek vir “ouer” vrouens) en is verantwoordelik vir omtrent 9% van die groep se omset
  • In 1996 word Sheet Street deel van die groep en hier word gefokus op slaapkamer en badkamerbykomstighede. Sheet Street dra omtrent 9% by tot die groep se omset
  • 1998 word Mr Price Home op die been gebring waar huishoudelike items vir die slaapkamer, badkamer en kombuis verkoop word, asook meubels. Mr Price Home dra omtrent 19% by tot die groep se omset.
  • In 2007 kom Mr Price Sport nuut by. Baie “Maxed-produkte”, sportklere en sporttoerusting, gesondheidsprodukte, gimapparaat, tekkies en sonbrille word hier verkoop en dis […]
2015-07-25T17:33:01+02:00July 25th, 2015|2016 Case Study|

Porters model: 5 + 1

DEFINITION of Porter’s ‘Six Forces Model’

A strategic business tool that helps businesses evaluate the competitiveness and attractiveness of a market. The six force model provides an industry-view and analyzes six key areas:

Competition – Information regarding present competition
New Entrants – Information regarding the ease with which new competition could enter the market
End Users/Buyers – Information regarding the buyers’ abilities to affect price
Suppliers – The number and type of sellers
Substitutes – The ease by which a product or service can be substituted
Complementary Products – The impact of related products and services already in the market
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2015-11-30T09:48:47+02:00July 25th, 2015|Environments|

SWOT and PESTLE

Reason to Use SWOT and PESTLE Analysis
by Neil Kokemuller, Demand Media 
SWOT and PESTLE analyses cover a full range of internal and external strategic business considerations.

SWOT and PESTLE analyses cover a full range of internal and external strategic business considerations.

A main reason companies use both SWOT and PESTLE is because these tools offer broad and effective analyses of key areas of a strategic plan. SWOT is an acronym that stands for strengths, weaknesses, opportunities and threats. PESTLE has wider coverage of business and external issues, including political, economic, social, technological, legal and environmental factors. Small businesses can better compete by using these critical tools to assess opportunities and challenges.

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2015-11-30T09:49:03+02:00July 25th, 2015|Environments|

Investment

We’re all looking for an investment strategy that works consistently. Perhaps a valuation technique, a technical strategy, or a way to predict which funds will outperform.

While investors go to great lengths to create such cleverly named strategies as “Japanese cloud” formations and “economic surprise” indicators, no methodology seems to work all the time.

However, there is one strategy …

 

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2015-11-30T09:49:16+02:00July 25th, 2015|Investment and insurance|

The Fish and Chips Co

Taste reels in The Fish & Chip Co

Taste Holdings announced today that it has entered into a sale agreement with The Traditional Fish and Chips (Pty) Ltd to acquire from it, the approx 170 franchised outlet business of The Fish & Chip Co with effect from 1 February 2012.

The purchase price of R66m includes all assets of the business including stock, trade debtors, the distribution centre and any payments paid in advance to secure new stores still to be opened.

“The seller is warranting that there will be at least 195 stores on the takeover date” said Carlo Gonzaga, CEO Taste Holdings, “and gross profits of at least R2.4m per month. This will translate into annualised systemwide-sales in excess of R300m.

 

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2017-06-23T17:14:24+02:00July 25th, 2015|2017 Case Study, Recources|

Starbucks coffee

Starbucks Coffee comes to South Africa in 2016

• Starbucks announces an exclusive licensed partnership with Taste Holdings for the opening of stores in South Africa, the first in sub-Saharan Africa

• First store will open in Johannesburg in the first half of 2016, with more locations to follow

• Starbucks and Taste Holdings will design and build stores serving the entire range of Starbucks food and beverages alongside its advanced digital offer for customers

• The partnership will deliver Starbucks’ great coffee, innovative design and job opportunities

EMBARGO: Johannesburg, South Africa, 09:00 SAST 14th July 2015 – Starbucks Coffee Company and Taste Holdings today announced a licensed partnership that will see Starbucks stores open across South Africa. For the first time in Southern Africa, Starbucks will open full-format stores bringing the entire range of its food and beverages, including its ethically-sourced Arabica coffee, to South African consumers.

[…]

2017-06-23T17:14:43+02:00July 25th, 2015|2017 Case Study, Recources|

Famous Brands buys big in Botswana

 

Famous Brands has acquired a 51% controlling stake in Retail Group (Pty) Ltd, Botswana (“Retail Group”), the Group’s Master License partner in Botswana, marking the commencement of a new thrust in Famous Brands’ strategic growth programme.

 

Group Chief Executive, Kevin Hedderwick, explains, “This transaction aligns with our deliberate approach to either acquire or take a controlling stake in …

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2017-06-23T17:15:02+02:00July 17th, 2015|2017 Case Study, Recources|

Strategic thinking

How to Live with Risks

Following a crisis, regulators and managers naturally take steps to prevent a recurrence. In 2002, after Enron and WorldCom succumbed to massive accounting fraud, U.S. legislators passed the Sarbanes-Oxley Act, which gave directors and executives new oversight responsibilities. In the wake of the 2008 financial crisis many large banks changed their business models, and other companies implemented systems to better manage credit risks or eliminate overreliance on mathematical models.

But there’s a problem with managing risk retrospectively: It’s a variation on…

 

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2015-11-30T09:54:05+02:00July 16th, 2015|General management and CSR|

Management and leadership

I’ve been the boss for more than 4 decades, starting with my own law firm.  Today I run a commercial real estate company with more than 75 employees in 4 states.  I’m still discovering new and effective tools for management every day. In fact, I believe that, no matter how good you are at your job, there is always room for improvement.

Below are 5 principles I’ve found invaluable to improve my leadership and to help me become a better boss

1   Empower your employees. No one likes to fail, and no one…

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2015-11-30T09:54:20+02:00July 16th, 2015|General management and CSR|
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