MNM2615 Assignment
1 (COMPLETE
ANSWERS) Semester 2
2024 - DUE 23 August
2024 ; 100% TRUSTED
Complete, trusted
solutions and
explanations.
ADMIN
[COMPANY NAME]
, 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: Background and Key Concepts
Background and Key Concepts
Technological progress in Africa has been accelerating over the
past decade, driven by increased internet penetration, mobile
technology adoption, and investments in digital infrastructure.
This progress has created new opportunities for Small and
Medium Enterprises (SMEs) and Small, Medium, and Micro
Enterprises (SMMEs) to leverage technology for business
growth and innovation. Key concepts include digital
transformation, e-commerce, mobile banking, and the role of
technology in enhancing business operations and customer
engagement.
Question 2: Technological Progress in Africa and Its
Application to SMEs/SMMEs