MNM2615 ASSESSMENT 3 SEMESTER 2 2024 Discuss the industries that Africa requires with a view to establishing a business in Africa Provide an example of which industry the chosen SME falls into and p...
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MNM2615
Assignment 1
Semester 2 2024 -
DUE 23 August
2024
[Year]
[Type the company address]
, Book
Marketing in Africa
MNM2615 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE
23 August 2024 ; 100% TRUSTED Complete, trusted solutions and
explanations. .
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 1: Establishment and Key Thoughts
Establishment: Mechanical headway suggests the new development and
gathering of new advances, provoking upgrades in viability, proficiency, and
nature of things and organizations. Of late, Africa has seen basic mechanical
types of progress, driven by extended web entrance, adaptable development
gathering, and headway in various regions, for instance, fintech, cultivating,
and clinical consideration.
Key Thoughts:
• Mechanical Progression: The course of improvement and creative
improvement that redesigns the limits of an overall population or economy.
• SME (Little and Medium-sized Adventures): Associations that stay
aware of earnings, assets, or amounts of delegates under a particular cutoff,
expecting an essential part in monetary development.
• SMME (Little, Medium, and Smaller than usual Undertakings): Like
SMEs yet consolidates scaled down endeavors, much of the time depicted by
less delegates and lower earnings.
• Mechanized Change: The coordination of cutting edge development into
all district of a business, on an extremely essential level changing how
associations work and pass worth on to clients.
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