Exam (elaborations)
MNE3701 Assignment 5 Semester 2 2024 - DUE 25 October 2024
- Institution
- University Of South Africa (Unisa)
QUESTIONS WITH ANSWERS MNE3701 Assignment 5 Semester 2 2024 - DUE 25 October 2024
[Show more]
Content preview
[Company name]MNE3701
Assignment 5
Semester 2 2024 -
DUE 25 October 2024
QUESTIONS AND ANSWERS
, MNE3701 Assignment 5 Semester 2 2024 - DUE 25 October 2024
Having acquired sufficient knowledge and skills on entrepreneurship and small business
management, you must demonstrate practical competencies in managing business’s
assets and risks. Think of any business you would like to start and answer the following
questions:
QUESTION 1
By using practical examples, critically discuss how you would manage the assets of
your business. (10)
To effectively manage the assets of a business, it’s essential to understand the different
types of assets and how each contributes to the overall success of the business. For
this example, let’s assume I am starting a small bakery business called "Fresh Bakes."
1. Classification of Assets
The assets of my bakery can be broadly divided into two categories: current assets and
fixed assets.
• Current Assets are short-term resources that are expected to be converted into
cash within a year. This includes inventory (ingredients such as flour, sugar,
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller mulah11. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50064 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now