Entrepreneurship and Small Business Management (MNE3701)
Institution
University Of South Africa (Unisa)
Book
Small Business Management
Well-structured MNE3701 Assignment 6 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Having acquired sufficient knowledge and skills on entrepreneurship and small business management, you must demonstrate practical competencies in managing smal...
Entrepreneurship and Small Business Management (MNE3701)
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MNE3701
Assignment 6 Semester 2 2024
Unique Number:
Due Date: 8 November 2024
QUESTION 1
Human Resource Management at "EcoGrocer" in Randburg
Introduction
"EcoGrocer" is a small, eco-friendly grocery store located in Randburg that specializes in
organic and sustainably sourced products. The business has grown steadily over the past
few years and now boasts an estimated annual turnover of R2 million. As a small business,
the effective management of human resources (HR) is crucial to its continued success.
DISCLAIMER & TERMS
During OF USEwith the owner, Mr. John Mbatha, I explored how he manages the human
an interview
1. Educational Aid: These study notes are designed to serve as educational aids and should not be considered as a
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substitute of theresearch,
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and thinking,
whether or there is roomguidance.
professional for improvement
Students are in encouraged
his currentto
conduct their ownThis
practices. extensive
reportresearch andthe
highlights consult with their instructors
HR management or academic
strategies employed advisors for specific
at "EcoGrocer"
assignment requirements.
2. PersonalandResponsibility: While every for
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the content. It is the responsibility of the buyer to verify the accuracy of the information and use their own
Current Human Resource Management Practices
judgment when applying it to their assignments.
3. Academic Integrity: It is crucial for students to uphold academic integrity and adhere to their institution's
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1. guidelines
Recruitmentregarding plagiarism,
and Hiring citation, and referencing. These study notes should be used as a
Process
tool for learning and inspiration, but any direct reproduction of the content without proper acknowledgment and
citation may constitute academic misconduct.
Mr. Mbatha explained that the business currently employs eight staff members, including
4. Limited Liability: The seller of these study notes shall not be held liable for any direct or indirect damages,
losses,cashiers,
or consequences arisingand
stock clerks, fromdelivery
the use personnel.
of the notes.The
Thisrecruitment
includes, but is not limited
process to, poor grades,
for "EcoGrocer" is
academic penalties, or any other negative outcomes resulting from the application or misuse of the information
largely informal, relying on word-of-mouth and referrals from existing employees or
provided.
customers. There is no formal job advertisement, and Mr. Mbatha typically interviews
candidates in a casual setting. The selection process primarily focuses on the candidate's
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