Exam (elaborations)
MNE3701 Assignment 6 Semester 2 2024 - DUE 8 November 2024
- Institution
- University Of South Africa (Unisa)
QUESTIONS WITH ANSWERS MNE3701 Assignment 6 Semester 2 2024 - DUE 8 November 2024
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MNE3701 Assignment 6Semester 2 2024 - DUE 8
November 2024
[Company address]
, MNE3701 Assignment 6 Semester 2 2024 - DUE 8 November 2024
Having acquired sufficient knowledge and skills on entrepreneurship and small
business management, you must demonstrate practical competencies in managing
small businesses. You should also be able to identify deficiency in the small business
management practices and be able to provide recommendations for improvement. Visit
one small business in your area with an estimated annual turnover of R2 million. Have
interview with the owner. In your interview ask him how he manages the human
resources and finances of his business. You should also ask him to what extent he
utilises technology to support customer relationship management of his business. Use
the information that you have gathered through the interview and answer the following
questions:
1. Discuss how the owner of the small business you have visited, manages the
business’s human resources. Do you think is there a need for improvement? If yes,
provide recommendations for improvement. (15)
Human Resources Management in the Small Business
Current Practices in Human Resources Management From your interview, you might
find that the business owner handles HR management through:
• Recruitment and Hiring: The owner may manage recruitment personally, often
hiring through word-of-mouth or local advertising to fill vacancies.
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