Question: Use the information provided in the case ( although you are not limited in terms of ideas ) given the limited R 1 0 0

Use the information provided in the case (although you are not limited in terms of ideas) given the limited R100000 budget. Your choices and explanation of the following should be clearly explained and justified: a) A suitable name for the company (2 marks) b) The companys intended target market(s)(2 marks) c) The companys product(s) and/or service(s)(2 marks) d) A well-articulated vision statement for the bakery (2 marks) e) A clearly defined mission statement for the bakery (2 marks)(10 marks) QUESTION 2 Explain the strategic significance of Key Success Factors (KSFs) to the business. Evaluate existing bakery industry offerings and identify and present the top three (3) KSFs the bakery should deliver to its market(s). Motivate and justify your answers. (20 marks) PBA4809 MAY/JUNE 2024 EXAMINATION 8 QUESTION 3 Identify a suitable generic business-level strategy for the bakery. Clearly indicate the target market you identified and justify whether you think the positioning will be on being different (differentiation and effectiveness) or on being better (cost and efficiency)?(20 marks) QUESTION 4 Explain the significance of core competencies to the companys strategy. Identify the required resources and capabilities and how the bakery could, secure, configure and align these to achieve its strategy to attain competitive advantage. (20 marks) QUESTION 5 Recommend a suitable strategic implementation plan for the bakery. Clearly identify what objectives should be accomplished and how these will be implemented effectively and efficiently. Present your plan in tabular format and be sure to indicate how these objectives will be measured and monitored by the company. (

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!