Entrepreneurship Assignment Answers to Questions
Assignment Detail:-
- Number of Words: 3500
QUESTION 1
In light of the case study, critical discuss and examine a model for entrepreneurial development on how businesses and the economy can recuperate and survive in ensuring that everything is back to normal for all business activities in South Africa.
QUSTION 2
In spite of all the drawbacks that the riots and looting has caused the economy of South Africa, entrepreneurs still remain as individuals who have distinguished characteristics that stand out. In reference to the case study discuss and examine the entrepreneurial success factors that are proposed to be relevant to revive or start any business that might have been affected by riots and looting.
QUESTION 3
The business plan should serve as a road map to coordinate and lead the business towards a clearly identified objective. This applies to both existing and new businesses. To create a strategic document for an existing or a new business, the Clicks Group, has sold all the Musca outlets to you and you are required to draft a business plan that should contain specific criteria. Identify and discuss those criteria of a business plan based on the statement.
QUESTION 4
“The four siblings are flying the South African flag high with their un-bee- liveable fynbos honey.
Sana Khan (20) and her sisters – Noor (15), IIham (13) and Asam (11) – recently scooped the top prize at the 2021 London International Honey Awards. The girls, who are from Athlone in Cape Town, were honoured with platinum, which is reserved for honey that scores between 95,5 to 100%.”
In reference to an abstract critically discuss what the four siblings had to do, to determine if their business ideas were feasibility or not.
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