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BSM1501 Assignment 6 Semester 2 2023

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Grado
Bsm1501 (BSM1501)

Institución
University Of South Africa (Unisa)

BSM1501 Assignment 6 Semester 2 2023 Question 1 Not yet answered Marked out of 1.00 Flag question Question text What must a small business manager be able to do? a. Plan, organise, lead and control various business functions. b. Start his/her own enterprise. c. Take calculated risks. ...

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Subido en 18 de octubre de 2023
Número de páginas 18
Escrito en 2023/2024
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bsm1501 assignment 6 semester 2 2023

Institución
University of South Africa (Unisa)
Grado
Bsm1501 (BSM1501)

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,Question 1
Not yet answered
Marked out of 1.00

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Question text
What must a small business manager be able to do?

a.
Plan, organise, lead and control various business functions.

b.
Start his/her own enterprise.

c.
Take calculated risks.

d.
Identify new products or opportunities.
Question 2
Not yet answered
Marked out of 1.00

Flag question

Question text
What is the main advantage of a formal business?

a.
Not having to keep financial records.

b.
No need for recognised business premises.

c.
No tax implications.

d.
Easier access to finance.
Question 3
Not yet answered
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Question text
Trade unions fight for the rights of workers who are in the same branch of industry. Trade unions are a variable that
influences the individual enterprise in the _______ environment.

a.
political

b.
physical

,c.
international

d.
economic
Question 4
Not yet answered
Marked out of 1.00

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Question text
Life expectancy has increased as a result of better medical services and healthier lifestyles. Life expectancy is a
variable that influences the enterprise in the _______ environment.

a.
economic

b.
technological

c.
social

d.
physical
Question 5
Answer saved
Marked out of 1.00

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Question text
Why do we conduct a feasibility study?

a.
To determine the market potential of an idea.

b.
To analyse consumer trends and preferences.

c.
To evaluate the financial viability of an enterprise.

d.
To identify potential competitors in the market.
Question 6
Answer saved

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