Business Decision Making: Lidl Plc Market Analysis and Survey Results
VerifiedAdded on  2023/01/11
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Homework Assignment
AI Summary
This assignment provides a detailed analysis of Lidl Plc's business decision-making processes. It begins with a survey assessing customer preferences regarding age, gender, education, income, spending habits, and opinions on key factors such as location, pricing, discounts, product range, and customer service. The survey data is presented with frequency counts. The assignment then incorporates secondary data, including market share, revenues, operating profit, gross profit, and gross profit margins of Lidl and other major UK supermarkets (Waitrose, Tesco, Morrison's, Sainsbury's) from 2017 to 2019. This data is presented in tables and charts, allowing for a comparative analysis of Lidl's financial performance and market position relative to its competitors. The analysis seeks to provide insights into Lidl's strategic choices and overall business performance within the UK supermarket industry.
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