Final answer:
The term 'Group' refers to a collection or conglomerate of companies owned and controlled by the Grace Kennedy organization.
Step-by-step explanation:
In the context of the question, the term 'Group' refers to a collection or conglomerate of companies that are owned and controlled by the Grace Kennedy organization. It indicates that Grace Kennedy operates multiple subsidiaries or divisions that operate in different industries or sectors. These subsidiaries may have their own separate operations and management, but they are ultimately coordinated and overseen by the Grace Kennedy Group as a whole.
A Group, in the context of the Grace Kennedy Group and as defined by strategic management, refers to a conglomerate or a collection of subsidiaries managed by a parent company. Strategic management involves analyzing and guiding the company's overall strategy to achieve growth and profitability across different business sectors.
The term Group within the context of a strategic management consultancy for the Grace Kennedy Group would refer to a conglomerate or collection of companies or divisions that operate under one parent company, which in this case is Grace Kennedy. As a conglomerate, the Grace Kennedy Group would engage in a variety of business activities, possibly in different sectors, and the strategic management consultant's role would be to oversee and guide the parent company's strategy for growth, operations, and profitability across these diverse entities.
The strategic management of a Group like Grace Kennedy often involves analyzing the competitive environment, aligning resources with the company's objectives, and ensuring that all the subsidiaries are working towards the overarching goals of the parent company.