Business Studies Role Play
Grade 12
Moipone Kale & Karla Schulz
1. Karla: Good morning and welcome to “How red is your red cap”. I am Karla Schulz and I am joined by my co-host Moipone Kale.
2. Moipone: Due to the increase in Social Medias control over the public image of a business, it has become vital to maintain a favourable image in order to ensure success.
3. Karla: If by some remote chance we have viewers who are not familiar with the Mr Price Group, fear not as we know the ins and outs of the Mr Price Group, or if you are looking for first-hand experience just head down to your nearest shopping centre where you are bound to find one of the Mr Price Groups 1150 stores nationwide either Mrp sport, Mrp, Mrp home, Miladys and Sheet street
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Moipone: Looking at corporate governance it is clear that Mr Price has been accountable, transparent and open with all its financial dealings thus aligning themselves with the primary characteristics of good governance. These principles are evidently carried out when looking at the annual integrated report that is made available to the public, which shares information on both dividends declared and the groups share price which has risen at compound annual growth rates of more than 25%. The good corporate governance that Mrp has been able to maintain has helped them develop their brand globally opening stores in Botswana and Namibia, and to ensure economic success which is clear in the 13.9% total group revenue …show more content…
Karla: As good corporate governance shares both the good and the bad of a company according to an article in News24 by Janice Kew Mr Prices share price dropped due to poor fashion calls which lowered the level of consumer confidence.
12. Moipone: Mr Price directors investigated this drop in share prices but despite this Mr Price was able to achieve good growth in most other parts of the business, thus maintaining good faith within shareholders and the public.
13. Karla: As Mr Price is a global brand todays discussion was just a mere drop in the ocean as on the next episode of “How red is your red cap” we well be focusing on mrp online and mrp mobile
14. Moipone: To help the Redcap foundation improve the lives of many you will be going home with a redcap
15. Karla: You get a redcap, you get a redcap
16. Moipone and Karla: Everybody gets a redap
17. Moipone: And by adding a feather to our redcap, Mrp can achieve their dream of becoming a top performer.
18. Karla: Mrp can add value and worth to lives of many
19. Moipone: Mrp can ensure success for their partners and
Relevant Facts: Nurofen, the pain-relief medication is made by Reckitt Benckiser Australia, a multinational company. The company was found misleading customers for all its specific range that contained the same active ingredient ibuprofen lysine 342mg and was seen to have same effect. The product was advertised the products as been targeting back pain, period pain and tension headaches. The Company was fined $1.7m for misleading customers on range of ‘specific pain’ relief contravening Australian Consumer Law has been brought forward by ACCC. The ACCC had asked federal court to impose $6 million fine.
Experiences with people, places and/or things, shape and affect an individuals choices, either to strengthen or break connections and relationships. Through past and new memories and experiences, we are able to reflect, assess and explore our owns concept of connections. There are however, obstacles and barriers one must meet to fully understand our selves and the complicated world of connections and belongingness. The environment or culture we are exposed in since we were infants for instance, greatly affects our identity- behaviour, values and actions- as we get older. Imagine two people from different countries, one grew up in Cambodia and the other grew up in the US.
Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.
The everyday low pricing strategy works best in a broader store positioning strategy and supported with advertising. Hi-Value doesn’t need to be the lowest priced supermarket in the area for the everyday low pricing strategy to work. Lowering pricing needs to be used by all in the area or else Hi-Value will confuse our store image and positioning. Hi-Value must look at recent consumer research to see how we are positioned and how this pricing will change our image. There is potential to reduce operating costs.
He’s involved. He’s red. He’s red! He’s a red! fucking!
Mr Redmond had been helping Charlie with his running and training him to be better while working for Squizzy. After the night where Charlie finds out Squizzy’s true colours Mr Redmond tells him about
The purpose of this assignment is to give a close attention to the financial perspective of the Mdelic Wasatch Outerwear as we examine past and current financial data and evaluate company's performance and financial position. In order to evaluate a company, we need to go beyond the numbers mentioned in financial statements. Investors, managers, creditors and others need to analyze various aspects of financial statements so they can invest, manage and do business more effectively with the particular company. Analyzing the company’s financial statement helps in evaluating performance of the company that further helps in making smart decisions. Also, to accurately analyze the performance of the company, we need to compare its performance
This theory involves the correlations between personality traits such as widespread expectations of impression positively correlated with generosity, so that a person who is cold is viewed to be serious. It is often stated that implicit personality theories also include correlations between psychological and dimensions of impressions. There are parts of the impression formation process that are framework dependent, some individuals also tend to exhibit certain trends in forming impressions variety of situations. There is not one single implicit personality theory used, but varied approaches the task of impression formation in an own unique way. Moreover, there are some components of implicit personality theories that are consistent across
Child’s Play, written by Higuchi Ichiyo, is a short novel centred around the growth of children, particularly those associated with the pleasure quarters. The story takes place over a few days, nevertheless, we are given an idea on the backgrounds of the three main characters, Shōta, Midori, and Nobu, and watch them gradually lose their childlike innocence. Although not explicitly stated, the last three paragraphs suggest that all three protagonists have followed the footsteps of their parents and in Midori’s case, her older sister. This essay discusses the impending tragic future of children who are destined to take after the occupations of their family.
In a person’s life, many situations transpire and make them feel pride over one’s self. Readers can see this in the short story,” The Scarlet Ibis” by James Hurst. “In his spare time Hurst wrote short stories and plays, but The Scarlet Ibis was the only work of his that become famous “(gradesaver.com)”. In the short story, “The Scarlet Ibis” James Hurst uses red to symbolize warning, death, and guilt to show the change the older brother goes through, as he takes care of Doodle. The first instance when red is used, is to express warning and the older brother’s attitude, is at Doodle’s birth.
When arranging activities for play based learning within early years provision there can be barriers towards it from taking place. Before the week begins, planning is needed. When planned activities are prepared resources are needed too. Resources can become a barrier towards play. This is because the resources that were needed were not available to be used.
TRADER JOE’S – INDUVIDUAL ASSIGNMENT 1 Part 1 – Introduction What Joe Coulombe did was opening an ordinary supermarket into the industry but the strategies he took were separating the Trader Joe’s from its rivals. What he did was to offer products targeting sophisticated costumers who were searching for good bargains. The offerings of Trader Joe’s were so unique which are not found at rival shelfs. Another crucial decision he made was to take advantage of recent environmental movements such as the rising trend of costumers searching organic foods. The company also decided on selling private labelled products with lower prices than other brands of the same product.
Victoria Secret was profitable enough in their first year, for the company to open four more physical locations, as well as a mail order catalogue. Although Roy Raymond’s policy was initially profitable, but as we will discuss in the later parts of this paper, it also had its downsides that almost led to the bankruptcy of Victoria Secret. Today, Victoria Secret is a multi billion dollar conglomerate with more than a thousand stores in more than 180 countries generating an annual income of over five billion. 2. PESTEL ANALYSIS The external environment of a company can affect everything from company policies, finances, sales, targeted customers and can be a deciding factor in whether the company remains for another season.
Mr Price is known to be the best retail company that has a wide range of products sold in South Africa. They were established in 1885, they have been trading on the JSE since 1952. There are Mr Price stores located all around Africa, such as Botswana, Kenya, Tanzania, Malawi, Namibia and of course in South Africa. The founders Laurie Chiappini and Stewart Cohen opened the very first Mr Price in 1985 in Durban.
A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that