Question 10 of17 2 Points According to Hellriegel (2023:173175 | 2017:185188) all businesses follow a certain businesslevel strategy. Based on the nature of SPUR CORP's operations, which overall businessilevel strategy is the company following? O A. Cost-leadership strategy 0 B. Differentiation strategy Q C. Focused costileadership strategy 0 D. Focused differentiation strategy Reset Selection Question M of17 8 Points According to SPUR CORP's 2020 integrated report, they identied several strategic focus areas for 2021 (page 13 in httpszwwspurcorporation.comprcontentiuploads [2020/11flntegratedeReportZOZOeFlNAM). Identify four applicable strategies they would have to implement to achieve their intentions in these strategic focus areas. C] A. Turnaround strategy: Recovery C] B. Vertical backward integration C] C. Market penetration C] D. Vertical forward integration C] E. Product development C] F. Turnaround strategy: Revenue growth C] 6. Related diversification C] H. Unrelated diversification Question 12 OH? 1 Points One of the strategic focus areas for 2021 in SPUR CORP's integrated report {page 13 in httpsu'l'www.spurcorporation.comprrcontent/uploadsiZOZO/l lllntegratediReoorti 20207F|NALm states that "The board will continue to assess the group's capital structure and ensure that capital is allocated to maximise shareholder returns." In which section of the strategic planning process would this action most likely resonate? O A. Section 1:Tasks 1. 2. 3 O B. Section 2: Tasks 4 and S O C. Section 3: Tasks 6 and 7 O D. Section 4: Tasks 8 and 9 Reset Selection Part 3 Df4 . Decision making [Study unit 2, learning outcomes 3, 4 and 5 in Chapter 7 oiHellriegel (2023, $2215 | 20111987232\" Question 13 of17 2 Points When the SPUR CORP established the Rodeo Spur Steak Ranch in Claremond, Cape Town (httpss'fwwwspursteakranches.comlza/restaurant/rodeorspur), it operated in accordance with general franchisor requirements. However, with the expansion of the Muslim community in the area they started to consider the needs of the community. This resulted in changes in this franchise. which entailed a revised menu of product offerings aimed at the Muslim community, thereby focusing on selling Halalonly food (no pork products and no alcohol sales). What type of decision did Spur make to establish a Halal restaurant in addition to their traditional Spur steak ranches? O A. Routine decision, under certain conditions O B. Adaptive decision, under objective probability risk conditions 0 C. Adaptive decision, under subjective probability risk conditions 0 D. Innovative decision, under uncertain conditions Reset Selection Question 14 of 17 2 Points To make effective decisions, managers need to be able to dene and diagnose problems. Since the lockdown in 2020. SPUR CORP. had to make many decisions to ensure its sustainability (httpswwwspurcorporation.com/covidr19'secondiwavercompoundsetoughrsixemonthsrforrspurf). Based on your knowledge of how SPUR CORP. has managed the group since the rst lockdown in 2020, how would you classify their decision-making during the first few months until December 2020? O A. Their decisions were mainly based on 'damage control' and creating contingency plans to manage the risks which stemmed from the impact of lockdown restrictions on the group's sustainability. O B. Their decisions were based on well defined contingencies to proactively manage the sudden decline in revenue clue to the lockdown restrictions. 0 C. Both options A and B. O D. None of the above mentioned options. Reset Selection Question 15 of 17 4 Points In their 2020 integrated report. SPUR CORP. states that their procurement is centralised. According to Hellriegel (2023. 232-235 | 2017:249250), various factors affect the decision to centralise or decentralise. Based on the reasons for centralised procurement in their 2020 integrated report, which two factors. among the following options, would you say influenced their decision to centralise this aspect in the company? (\"Choose two factors) [:] A. Control mechanisms C] B. Environmental influences C] C. Cost attached to the decision C] D. Organisational culture C] E. Availability of managers C] F. Uniformity of policy In task 6 of the planning process, Hellriegel et al. (2023:166 |201?:1?9) discuss several internal and external growth strategies, which could ensure companies' sustainability. growth and competitive advantage. lfa market penetration strategy for SPUR CORP. would involve the selling of their products in existing markets. why is this strategy classied as an internal, and not an external growth strategy? 0 A. When SPUR CORP. uses external opportunities and to grow internally, it would lead to their internal growth. 0 B. To sell more of their existing products, SPUR CORP. would need to appoint more people and increase production. This means they will grow internally. O C. It does not matter where SPUR CORP. sells the products. Since they manufacture their own products. this strategy is seen as an internal growth strategy. 0 D. This strategy should in actual fact. rather be classified as an external growth strategy. because it focuses on SPUR CORP's market, which is located in the external environment. Part 2 Df-ll - Classification of Strategies (Study unit 2, learning outcome 2 in Chapter 6 of Hellriegel (202311544 81 | 20i7,17E-1ES)) SPUR CORP. has been in business for several decades now and has grown significantly over the years. Their internal and external growth are largely the result of effective strategy identification and implementation. Overall, they knew exactly which strategies to implement to capitalize on enVIronmental opportunities. By referring to task 6 ofthe strategic planning process (Hellriegel et al, 2 17:1787158). classify each ofthe following actionsfactivities by SPUR CD P. as the applicable internal growth strategy, external growth strategy or businesselevel strategies. Question 5 of 17 2 Points When SPUR CORP. developed a second restaurant brand, Panarottis Pizza and Pasta. in addition to Spur Steak Ranch in December 1990, they applied the same principles that made Spur Steak Ranches a household name (httpsu'fwwwspurcorporation.com.v'businessprofilefhistoryi). Which strategy did they implement with the development of Panarottis Pizza and Pasta. O A. Related diversification O B. Turnaround strategy(revenue growth) O C. Market Penetration O D. Horisontal integration Reset Selection Question 9 of 17 2 Points The launching of Spur Grill & Go in December 2015 in South Africa was the result of a market penetration strategy followed by Spur Steak Ranch (httpsjlwwwspurcorporation.comf0perationaleprofilelspurigrilligof). In addition to this market penetration strategy, they also implemented an additional growth strategy when Spur Grill 8. Go continued to expand with establishments in the Middle East and Mauritius. Which strategy did they implement in conjunction with their market penetration strategy and why [https:/.'www.spurcorporationcomispuriexpandsifootprintidespiteitoughitradingiconditionsi)? O A. They implemented a concentric growth strategy, since they wanted to capitalise on concentrated opportunities to fill the gap in these new markets. 0 B. They implemented a market development strategy, since they expanded into new geographical areas due to opportunities for growth and increased revenue. 0 C. They implemented a vertical forward integration strategy, since they expanded the distribution of their product offerings across South African borders into new geographical areas. 0 D. They implemented a related diversication strategy. due to the saturated South African market and since these new markets are closely related to the South African market in terms of their market potential. Reset Selection