In the _____environment, management decides the price of the product they want to sell.

In 2007, Bain Capital bought the Edcon group and de-listed it. The company then operated as Edcon (Pty) Limited and traded as a ____________ company.

Grace Mokoena is planning to open a hair salon in Orlando East, Soweto. Which of the following is NOT one of the factors that Grace should consider when choosing a location for the business?

How many of the following statements would be correct for Southern Sun Hotel Corporation (Pty)Ltd? 

i. It requires at least one director.

ii. Shares can be listed on the stock exchange.

iii. There must be a memorandum of incorporation stipulating certain restrictions regarding the transferability of their securities.

iv. Past and present directors are jointly and severally liable for debts contracted during their terms of appointment.

Tania wants to start a gardening service company in her neighbourhood and surrounding suburbs. She needs resources to start her business. ______ are the most appropriate resources for setting up a business.  

Which of the following functional areas of management is responsible for establishing the need-satisfying products and services and making them available to customers?

Match the factor of production in

column A with the correct description in column B.