vulnerable to takeover by a takeover. another company if they allow their share price to decline substantially. (2) (2) 4.4.2 One of your Financial loss, depending on how Mr Price needs to ensure all cashiers at long it is going on/ how much has staff are aware of the code of Sheet Street been taken. conduct. are caught Other staff may see it as an Staff and Mr Price need to be up stealing money easy option. to date regarding labour laws. from the till on (2) camera. (2) 4.4.3 Total Sports has It may draw customers away Mr Price can look at a similar or a ‘buy 1 get 1 from Mr price, therefore better promotion. free’ special on decreasing sales. Mr Price needs to possibly use a running shoes. Once customers go look at the value chain analysis to give special, they may never return. better value to customers Customers become very critical of Mr Price prices. (2) (2) 4.5 PESTLE analysis: (The answers below are suggestions and the teacher must allow for a broader scope) Page 2 -8 PESTLE Strategy to overcome the Challenge being faced factor challenge Zuma must fall campaign Look at educational bursaries and Political Fees must fall campaign internship programmes (2) (1) Right to free education Ensure all staff know that hate Social media - Racism/ hate speech speech is not accepted and that it Social (2) is clear stated in the company’s code of conduct. (1) Standard Banks Snap Scan app to Implement all new apps for pay at the till point. customers Online shopping Ensure staff are fully trained on Technological EPOSSE systems (2) Have a R&D department who is able to innovate from within Mr Price (1)
vulnerable to takeover by another company if they allow their share price to decline substantially. (2) a takeover. (2) 4.4.2 One of your cashiers at Sheet Street are caught stealing money from the till on camera. Financial loss, depending on how long it is going on/ how much has been taken. Other staff may see it as an easy option. (2) Mr Price needs to ensure all staff are aware of the code of conduct. Staff and Mr Price need to be up to date regarding labour laws. (2) 4.4.3 Total Sports has a ‘buy 1 get 1 free’ special on running shoes. It may draw customers away from Mr price, therefore decreasing sales. Once customers go look at the special, they may never return. Customers become very critical of Mr Price prices. (2) Mr Price can look at a similar or better promotion. Mr Price needs to possibly use a value chain analysis to give better value to customers (2) 4.5 PESTLE analysis: (The answers below are suggestions and the teacher must allow for a broader scope) Page 2 -8 PESTLE factor Challenge being faced Strategy to overcome the challenge Political Zuma must fall campaign Fees must fall campaign (2) Look at educational bursaries and internship programmes (1) Social Right to free education Social media - Racism/ hate speech (2) Ensure all staff know that hate speech is not accepted and that it is clear stated in the company’s code of conduct. (1) Technological Standard Banks Snap Scan app to pay at the till point. Online shopping EPOSSE (2) Implement all new apps for customers Ensure staff are fully trained on systems Have a R&D department who is able to innovate from within Mr Price (1)
Grade-12-Preliminary-Exam-2016-Paper-1-Memo.docx