Mr Price Research Paper

1811 Words8 Pages

[Research Task]
[Ayesha Choonara S51876]
[Brainline]
[Ayesha Choonara] | [Business Studies] | [Final submission Date1/08/2016]

Table of Contents
Introduction2
Glossary4
Analysis5
Conclusion10
Appendix11
Resources 12

Introduction

Mr. Price started in Durban in an old Baumann's Biscuit warehouse in 1987. Mr. Price's main aim is to bring fashion at affordable prices, Mr. Price is a company dedicated to bringing in fashion in not only being affordable but fashionable and with outstanding quality. Mr. Price has the highest number in cash sales with a cash sale rate of 80%.

Mr. Price has one mission and that is to be a top performing international retailer. Their purpose is to insure that they add value and worth to their consumers' and partners lives. While they care for the communities and environments in which the company operates in.

There are three values that Mr. Price firmly believes in Passion, Value, and a Partnership.

Mr. Price believes that passion means normal people can do extraordinary things. Mr. Price's engine runs on passion and that passion comes from the people and associates that have a positive attitude and that they believe work is fun.

The heart of the Mr. Price is value. Mr. Price success has been built on the ability to add value to their consumers' lives. They believe it's more than …show more content…

Price group, it will allow potential investors to understand Mr. Price and their values. The research will also allow for the company to grow and to be seen as a real new potential candidate in the German market. This research will allow foreign investors to invest in a South African company and will allow the foreign business and countries to see South Africa as a new business opportunity to expand into. This will also prove that an African company upholds the King's Code III and that Mr. Price could be the new threat in European Market to rival famous brands like

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