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MNG4801 ASSIGNMENT 3 2024 Identify and discuss the corporate-level strategies evident in the case study. You should identify three (3) growth strategies and two (2) types of defensive strategies and their specific forms that are evident in the case study

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MNG4801 ASSIGNMENT 3 2024 Identify and discuss the corporate-level strategies evident in the case study. You should identify three (3) growth strategies and two (2) types of defensive strategies and their specific forms that are evident in the case study. Support your discussion by integrating the appropriate theory and practical examples from the case study. “Organisational failure throughout the global business world is replete with examples of how the lack of strategic and creative thinking were among the root causes of many of these failures” (Louw & Venter, 2019:419). Considering the statement above, critically discuss strategic thinking as a key responsibility of a strategic leader and apply your answer to the case study. As part of your discussion, discuss the terms absorptive capacity and adaptive capacity and apply each of these terms to the businesses in the case study. In addition to incorporating and referencing theory from your prescribed material into your answer for Question 3, you must locate, incorporate and reference 1 (one) applicable academic article of your choice (published after 2018) from the Unisa library into your discussion.

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BMZ ACADEMY




@061 262 1185/068 053 8213



BMZ ACADEMY 061 262 1185/068 053 8213

, BMZ ACADEMY


Table of Contents
Question 2 (1.5 pages) ...................................................................................................................... 4
Corporate-Level Strategies in the Retail Sector ........................................................................ 4
Growth Strategies .............................................................................................................................. 4
Market Penetration (Concentrated Growth) ....................................................................................... 4
Product Development ......................................................................................................................... 4
Diversification...................................................................................................................................... 5
Defensive Strategies ......................................................................................................................... 5
Turnaround Strategy ........................................................................................................................... 5
Divestiture ........................................................................................................................................... 5
Integrating Theory with Practical Examples ............................................................................... 6
Growth Strategies .............................................................................................................................. 6
Defensive Strategies ......................................................................................................................... 6
Question 3 ............................................................................................................................................ 6
Strategic Thinking as a Key Responsibility of a Strategic Leader ....................................... 7
Key Components of Strategic Thinking ....................................................................................... 7
Absorptive Capacity and Adaptive Capacity ........................................................................................... 8
Question 4 ............................................................................................................................................... 9
Concept of Organisational Architecture ................................................................................................. 9
Key Characteristics of Sound Organisational Architecture ................................................................... 10
Technological Leadership...................................................................................................................... 11
Advantages of Being a Technological Leader through Early Adoption ................................................. 11
Example from Case Study ..................................................................................................................... 12
Question 5 ............................................................................................................................................. 12
Strategic Risk Management Process ..................................................................................................... 13
Risk Identification ................................................................................................................................. 13
Risk Assessment .................................................................................................................................... 13
Risk Mitigation ...................................................................................................................................... 14
Monitoring and Review......................................................................................................................... 14
Shoprite ................................................................................................................................................. 14
Risk Identification ................................................................................................................................. 14
Risk Assessment .................................................................................................................................... 15
Risk Mitigation ...................................................................................................................................... 15



BMZ ACADEMY 061 262 1185/068 053 8213

, BMZ ACADEMY

Monitoring and Review......................................................................................................................... 15
Pick n Pay .............................................................................................................................................. 15
Risk Identification ................................................................................................................................. 15
Risk Assessment .................................................................................................................................... 16
Risk Mitigation ...................................................................................................................................... 16
Monitoring and Review......................................................................................................................... 16
Practical Examples from the Case Study ............................................................................................... 16
Question 6 ............................................................................................................................................. 17
Gap Between Theory and Practical Application ................................................................................... 17
Implications of the Gap ......................................................................................................................... 18
References ............................................................................................................................................ 19
IMPORTANT NOTES TO CONSIDER ........................................................................................................ 20




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