Jabu and his friend Sipho are visionaries. They have spotted an existing business that sells sneakers around universities and TVET colleges. The current owner intends to sell the business and retire. They are considering buying the business and revamping it to suit their target market. Which of the following factors should the aspiring entrepreneurs consider before they buy an existing business? 

a. the financial status of the business

b. an assessment of competitors

c. the reason why the current owner wants to sell the business 

d. the need to change prices for their business

e. the physical status of the business

During the _______ of stakeholder engagement, the company should determine how to measure the success of the process.

__________________________ is a reason why SMMEs still find it hard to be sustainable.

As the CEO of Tshwane Business Hub, Victor Lashoff will primarily make use of _____________ skills in performing his duties.

Which of the following is a common reason for small businesses to fail due to financial inadequacy?

Philanthropic social responsibility refers to ________.

Which of the following are macroenvironmental variables?

a. technological 

b. intermediary 

c. competitors

d. social   

e. economic

Choose the correct option below.