Question: Please assist with QUESTION 2. PORTFOLIO THEME: An analysis on the turbulent environment, business models, entrepreneurial strategy, culture and structure of Shoprite. Corporations increasingly find

Please assist with QUESTION 2.
PORTFOLIO THEME: An analysis on the turbulent environment, business models, entrepreneurial strategy, culture and structure of Shoprite. Corporations increasingly find it difficult to deal with the new age of uncertainty and supercompetition. The environment in which corporations operates is characterised by continuous and unpredictable, often turbulent and disruptive change. In some cases, executives of some corporations have no entrepreneurial skills and competencies in utilising the entrepreneurial architecture framework to foster entrepreneurship and innovation in their corporations (Burns, 2020) According to Bums (2020), innovation is the prime tool corporations use to create opportunity. It is underpinned by creativity, which is the ability to find or create something new. In order to meet the challenges of the contemporary market, corporations look for new business models of value creation involving a wide array of market players in the process of generating innovation that foster corporate entrepreneurship (Urbaniec \& Zur, 2021). In addition, corporations adopt strategy, culture and structure that support entrepreneurial initiatives in order to enhance their performance (Nayager \& Van Vuuren, 2005). In light of the turbulent environment in which Shoprite operates, and the increased demand to transform business models, strategy, culture, and structure Shoprite, critically analyse how Shoprite rescues itself from winds of unpredictable, turbulent, and disruptive change. Evaluate the extent to which entrepreneurial strategy, culture, and structure support entrepreneurial initiatives in Shoprtie, how Shoprite utilise innovation in their business model. At the end provide recommendations for changing the existing business model of the corporation, to achieve business model innovation. Your analysis must be supported by scientific evidence (recent existing research) and reports from Shoprite. \begin{tabular}{lll} \hline \hline CEP108G - Portfolio assignment & 1 & 27 0ctober 2022 \end{tabular} QUESTION1 1 Regardless of the size and type, each corporation experiences winds of unpredictable, turbulent, and disruptive change. Critically analyse the winds of unpredictable, turbulent, and disruptive change that Shoprite experiences. In your analysis, demonstrate how the executives go about rescuing the corporation from these winds of unpredictable, turbulent, and disruptive change. Use the internal reports and external sources of Shoprite to justify your analyses. (20 marks) QUESTION 2 Evaluate the extent to which strategies, culture, and structure of Shoprite support entrepreneurial initiatives. (20 marks) QUESTION 3 Use scientific evidence to recommend how Shoptire can change its existing business model, to achieve business model innovation. (20 marks)Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
