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Source: Mashego, P. Pick n Pay posts 5% increase in sales. [Online] Available from: https:/www.news24.com/fin24/companies/retail/pick-n-pay-posts-5-increase-in-sales-with-strong-growth-in-clothes-booze- 20220406 [Accessed July 2022] Answer ALL the questions in this

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Source: Mashego, P. Pick n Pay posts 5% increase in sales. [Online] Available from: https:/www.news24.com/fin24/companies/retail/pick-n-pay-posts-5-increase-in-sales-with-strong-growth-in-clothes-booze- 20220406 [Accessed July 2022] Answer ALL the questions in this section. QUESTION 1 (20 Marks) With reference to the article, discuss the macro-environmental issues at play that have impacted on Pick n Pay and its business. QUESTION 2 (10 Marks) Using your theoretical knowledge and with reference to Pick n Pay, discuss how such an organisation can achieve a competitive advantage QUESTION 3 (10 Marks) What drivers of the retail industry are affecting Pick n Pay? SECTION B [60 Marks] Answer ANY THREE (3) questions in this section. QUESTION 4 [20 Marks] Consider the financial services organisation of your choice. Discuss the types of risks that the chosen organisation will face that it should prepare for. QUESTION 5 [20 Marks] Using relevant examples, critically discuss the concept of benchmarking which is key in strategy evaluation and include the benchmarking process

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