Chapter 50, Problem 4CO

Question 2 (25 Marks)From the above article we can see Woolworths Food is really taking off and is contributing significantly to their financialsand bottom-line. As mentioned in the article, Woolworths food is known to traditionally target the upper middle class andhigher earners in the country.They are one of the few FMCG companies, if not the ONLY company in South Africa, that charges the same or MORE fortheir internal products vs external branded products. Woolworths foods has taken control and ownership of the supply chainfrom agriculture to final retail sale to customers. They have taken quality control to a whole different level in the process byengaging with all partners along the supply chain.a) Map and briefly discuss the positioning of Woolies Food and its competitors on Porters genericcompetitive strategies (not to scale – just illustration purposes).(5 Marks)b) Discuss what makes Woolworths successful, dipping their hands in the supply chain and thus betterpositioning…

Discuss the Human Resources Management (HRM) policies that would consistently and coherently support attainment of your strategic initiative. These policies might address recruitment, selection, training/development, performance evaluation, compensation, and dismissal.   Briefly describe the organization and your initiative. Describe HRM policies you think are important to implement your strategic initiative. Describe rewards and incentives that would be used to ensure compliance, buy-in, and effort to make the strategic initiative successful.

The Internal Factor Evaluation (IFE) Matrix, is an example of a strategy formulation tool.  True or False? Question 57Select one: True False