MNM2615 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024

MNM2615 Assignment 1 (COMPLETE ANSWERS) Semester % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . QUESTION 1 Background and key concepts should not be more than half a page (5 marks for the background and key concepts). (5) Then answer the following questions: QUESTION 2 (a) Discuss the technological progress in Africa (5 marks for the theoretical discussions). (b) Explain how the chosen SME/SMME can infuse the technological progress in the business (10 marks for the practical application). (15) QUESTION 3 (a) Discuss the cultural influences on the decision-making process as part of African consumer buying (5 marks for the theoretical discussion). (b) Give examples of practical applications of the decision-making process that is part SME/SMME consumers’ buying (10 marks for the practical application). (15) QUESTION 4 (a) Describe to the identified SME/SMME owner the marketing implications relating to growth in mobile and internet access (5 marks for the theoretical discussions). (b) Describe how the identified SME/SMME can practically capitalise on this growth with reference to its marketing strategy (10 marks for the practical application). (15)