Which one of the following is NOT one of the criteria used by Woolworths to select the premises of its stores?

Which of the following is a common reason for small businesses to fail due to external factors?

Which one of the following statements regarding the advantages of starting a business through a franchise as a business opportunity is incorrect?

Which of the following options represent environmental variables that make it attractive for individuals to embark on an entrepreneurial journey?

a. low interest rates 

b. a desire to succeed 

c. innovation and creativity

d. favourable exchange rates  

e. opportunities to make a considerable profit

Musa and James are friends who work for a financial services organisation. Musa wants to start a stockbroking company that buys and sells equities on the Johannesburg Stock Exchange with the money he has saved over the past five years. While owning a business has advantages, it also has certain disadvantages. How many of the following options do not represent an advantage of owning a business? 

a. flexibility

b. demanding 

c. profit earning 

d. learning 

e. autonomy

_________ skills refer to the ability to view an organisation holistically to see where it fits and to position it in a competitive business environment.

Which of the following statements are correct? An entrepreneur is someone who .....................

a pursues profit. 

b accepts risk.

c makes the most of opportunities in the environment.

d combines expertise and resources to produce products and services.

Transnet is an example of a ______.

South Africa’s unemployment rate is very high. Should South Africa move towards a pure ______________ economy, one of the advantages would be the possibility of full employment. 

Paul was recently appointed to a sales manager position. After his promotion, he felt that his co-workers were more distant and that he had lost some of his friends. According to Maslow’s hierarchy of needs, Paul has a desire to satisfy his _____ needs.