The fundamental economic

problem

Charmaine is the owner of an exclusive guesthouse in Paternoster. She is planning for the tourism season of the year, and she is assessing the viability of targeting the German market for the December holidays. Which functional area of her business will be responsible for this task?

Dineo has a strong desire to be promoted at work and enrols in further studies to achieve this goal.  According to Maslow’s hierarchy of needs, Dineo has a desire to become more than what he is, and he wants to satisfy his _____ needs.

Which one of the following is a characteristic of a command economy?

AnalyticalZx is a marketing company that operates in an environment characterised by a complex and dynamic environment. What kind of control system can the company implement?

Imagine that the company that you work for has been experiencing poor productivity of late. As the Human Resources Practitioner, which one of the following is an instrument that you could make use of to control the human resources?

_______________ is the third step in the control process.

Your boss has tasked you to determine the best inventory control system that the company that you work for can use to establish the inventory level.  The company plans to refill the inventory level once it reaches a certain level. Which one of the following inventory control systems can be associated with the scenario above?

The SMME that you own has a sudden decline in profit. What would the next step in its control process be after you have realised that the profit is lower than anticipated?

Management of ABConstructors only monitors tasks that mostly contribute to the strategic objectives of the company. Which one of the following characteristics of an effective controlling system has been adopted by ABConstructors?