QUESTION $1(20$ Marks$)$

$1\mathrm{.}1$ The transaction occurred when Shoprite acquired Walmart$$s stores. Explain the concept of exchange

and highlight FOUR $(4)$ prerequisites necessary for an exchange process.

$(10$ Marks$)$

$1\mathrm{.}2$ As Shoprite Group expands its operations, it appears to be gaining dominance in the market. Based on

this, analyse FIVE $(5)$ customer needs that the retail group is addressing.