QUESTION 5: ENTREPRENEURIAL QUALITIES Marc Mothibe has ben employed for 29 years as a carpet installer. He was working in poor conditions and was earning a very low salary. Recently, Marc has resigned and decided to start his own business. Advise Marc Mothibe on at least FIVE qualities he needs to develop to be a successful entrepreneur. Mention and explain the following key success factors that can give his business a competitive advantage: o Sustainability o Competent workers o Customer base o A sound business idea Discuss the areas for improvement within the Marketing function and suggest a cost effective method of advertising. TOTAL FOR SECTION C: [40] GRAND TOTAL: [100]
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At the state level, the government’s power to control health…
At the state level, the government’s power to control health affairs derives mainly from the state’s:
Kantian theories of ethics are also said to be:
Kantian theories of ethics are also said to be:
Judicial or common law is:
Judicial or common law is:
According to Kidder (in his book), in a “right vs wrong” sit…
According to Kidder (in his book), in a “right vs wrong” situation, ways of being wrong include:
All the following are characteristics of the transactional m…
All the following are characteristics of the transactional model of communication EXCEPT:
_____________ refers to the emotional tone of a relationship…
_____________ refers to the emotional tone of a relationship.
We satisfy our _______ by communicating pleasure, affection,…
We satisfy our _______ by communicating pleasure, affection, and inclusion.
_____________ is the inability or unwillingness to express t…
_____________ is the inability or unwillingness to express thoughts or feelings in a conflict.
SECTION B This section consists of TWO questions. Answer a…
SECTION B This section consists of TWO questions. Answer any ONE question in this section. QUESTION 2 2.1 Answer the questions based on Civil societies. 2.1.1 Elaborate on the role of civil societies in our communities. (1×3)(3) 2.1.2 Provide reasons why businesses should get involved in the community. (2×3)(6) 2.2 Read the case study below and answer the questions that follow. Siphiwe is an entrepreneur that started her own business in child daycare. She studied to be a nurse, and has a passion for young children. She noticed an opportunity in the market for looking after children who are sick when the parents cannot stay home/take off work. Siphiwe took a risk and left her job at the hospital to start up this business. She is motivated, has a lot of willpower and she knows that she can overcome anything. The most improtant thing is that she knows her own weaknesses and strengths to make this business a success. Siphiwe is commited to make this business work, no matter what the cost. She will keep on trying to make a success of the business until she reaches her goal. Siphiwe knows what she wants to achieve and how she is going to convert her vision into a sustainable business. 2.2.1 Explain what it means to be an entrepreneur? (1×2)(2) 2.2.2 Provide FOUR entrepreneurial qualities from the case study and motivate your answer by quoting from the case study. (4×2)(8) 2.3 Answer the questions based on The role of citizens in the communities. 2.3.1 Explain the term ‘citizen roles and responsibilities? (2×1)(2) 2.3.2 Discuss ways in which we can contribute towards the development of our country. (3×2)(6) 2.4 Discuss THREE advantages of a business using ‘trademark.’ (1×3)(3) 2.5 List only the first FOUR steps that a business needs to use, to design and develop a new product. (1X4)(4) 2.6 Differentiate between a business that sells goods and a business that provides a service. You are required to re-draw the table to answer the question. Goods Services (1×6)(6) [40] OR