MNE3701 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 - DUE 8 November 2024
MNE3701 Assignment 4 (COMPLETE ANSWERS) Semester 2 2024 - DUE 11 October 2024
MNE3701 Assignment 6 (COMPLETE ANSWERS) Semester 2 2024 - DUE 8 November 2024; 100% TRUSTED Complete, trusted solutions and explanations.
All for this textbook (36)
Written for
University of South Africa (Unisa)
MNE3701 - Entrepreneurship and Small Business Management (MNE3701)
All documents for this subject (56)
4
reviews
By: mziimdilax • 3 year ago
By: magrethkomba • 4 year ago
By: serufemotloung29 • 5 year ago
By: minamoo • 6 year ago
Seller
Follow
lucianewreve
Reviews received
Content preview
James should follow the 5 steps in evaluatnn prospects and selectnn employees which are:
Step 1 – usinn applicaton forms – This will help them collect enounh informaton to
determine the qualifcaton and basic informaton of prospectve employee.
Step 2 – Interview the applicant - James should also consider usinn behavioural interviews
which would assess the suitability of candidates on how they would respond to hypothetcal
situatons
Step 3 – Check references and other backnround informaton – before this is done, they
should ask the applicant to sinn a lenal consent form to do backnround checks
Step 4 – Test the applicant – The test they use must meet the criteria of validity and
reliability to assess and measure job performance ability
, Step 5 – Require physical examinatons – to evaluate the ability of applicants to meet the
physical demands of specifc jobs
Stane 1
One-person operaton – doinn all of the work – makinn contact with customers
Stane 2
Player – Coach – contnuinn to do some of the basic work, althounh learninn to hire and
supervise
Stane 3
Risinn above hands-on mananement and workinn throunh intermediate mananers
Stane 4
Formal ornanisaton – usinn plans and budnets, followinn policies and procedures
Stane 1. Idea Accumulaton
It involves increasinn the pool of ideas under consideraton. Sources include sales staf, -
novernment-owned patents, other small companies, brainstorminn, market research
Stane 2. Business Analysis
Every new product idea must be carefully studied in relaton to several fnancial
consideratons. 4 key factors need to be considered:
1. The products relatonship to existnn product lines
2. Cost of development and introducton
3. Available personnel and facilites
4. Competton and market acceptance
Stane 3.
Development of the physical product entails brand, packaninn, pricinn and promoton
Stane 4
Product testnn should determine whether the physical product is acceptable. Product
testnn must also include a limited test of market reacton.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lucianewreve. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.85. You're not tied to anything after your purchase.
