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Examine the process by which Grand Union transformed its business.

Date Submitted: 09/09/2006 23:03:08
Category: / Society & Culture / Education
Length: 5 pages (1330 words)
Grand Union is a large retail grocery. The majority of its stores are located in well-established neighbourhoods. The Grand Union had always seen itself as a grocery store. One where there is a traditional high volume, low margin, limited selection, discount driven. In the mid 1980's came the advent of the super store, the smallest of which was about twice the size of Grand Union's largest store. Grand Union's top managers were faced with the …
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…different directions. It can thus be seen that Grand Union transformed its business using the 5-P Model of strategic human resource management. In my opinion all businesses can utilize this process. For example Mc Donald Corporation is a fast food restaurant that seem to be doing quite well in the United States of America and other European countries. However they existed in Trinidad for a number of years and eventually closed up shop and left.
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