MNG3701...from the Mr price (MRP) LTD case study

2.1 Evaluate the vision of MRP to determine whether it meets the requirements of a good vision statement. Hint. When evaluating the vision uso a tabio with the following headings; characteristic, yesino, meson for your answer. 2.2. Re-write the strategic goal of MRP so it meets the requirements of a SMART goal. 2.3 Use examples from the case study to differentiate between tangible and intangible resources. Provide two examples for each resource. (4) 2.4 In order for capabilities and resources to become core competencies that result in a competitive advantage, they have to meet certain conditions /have certain characteristics. Briefly explain any three of these characteristics. (3) 7 MNG3701 Jan/Feb 2021 Question 3 [20] Material issues are reviewed annually by the board and management of the MRP group where all relevant internal, industry and macro-environments are analysed. 3.1 Use a suitable model to analyse the macro-environment of MRP with specific reference to the case study. (12) Hint your analysis shouid only focus on thee factors avallable in the case study. Ignore irrelevant factors. 3.2 Use a suitable model to analyse the industry-environment of MRP with specific reference to the case study. (8) Hint your analysis shouid only focus on two factors availabie in the case study. ignove irreievant factors