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MNB1501-25-S1

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The failure rate of small businesses in South Africa is considerably ____________.

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Which one of the following represents the most important objective of a business plan?

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Thandi Zulu and Mike Engelbrecht would like to form a partnership to establish their domestic cleaning services company. Which one of the following is correct with regard to a partnership?

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Kobus and Thami are friends who want to start a new business. To be successful, which one of the following do they need to do before they start a business?

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The variables in the ____________ environment influence businesses directly and indirectly.

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The mission statement of the organisation refers to _________.  

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________ help(s) an aspiring entrepreneur to source the necessary funding for a new business initiative.

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The _________environment is one of the variables of the macro environment.

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The ____________ environment impacts other variables in the macro, market, and microenvironment.

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Cindy and her husband, Trevor, own a small pool shop in Noordwyk that sells pool chemicals and provides pool maintenance services. Cindy is responsible for ensuring that enough stock is available to sell and for Trevor to use for cleaning and servicing customers’ pools. In most instances, they need a bigger supply of chemicals to satisfy customer demand. Trevor does not keep his appointments to service pools due to a lack of the required chemicals. Which of the following skills would you advise Cindy to acquire to manage the business well?

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