OTE2601 Assignment 2 2025 (Answer Guide) - DUE 15 June 2025

OTE2601 Assignment 2 2025 (Answer Guide) - DUE 15 June 2025 UNISA, 2025. Contents QUESTION 1: A famous South African entrepreneur like Patrice Motsepe can mentor young entrepreneurs in running a business. Discuss the reasons why most businesses fail. [20] 2 QUESTION 2 5 2.1 Discuss the role of Trade Unions in the economy of a country (10) 5 2.2 Discuss the steps to take before compiling a cash flow plan (10) 6 References 8 QUESTION 3 8 QUESTION 3.1 8 Introduction 9 Creative Methods to Generate Business Ideas 9 Conclusion 11 QUESTION 4 11 4.1 Product (5 Marks) 12 4.2 Price (5 Marks) 12 4.3 Place (5 Marks) 13 4.4 Promotion (5 Marks) 13 Conclusion 14 References 14 QUESTION 5 14 Introduction 14 5.1 Factors that Have a Direct Influence on the Choice of Business (8 Marks) 15 5.2 Characteristics of a One-Man Business (6 Marks) 16 5.3 Record Keeping in a Business (6 Marks) 17 Conclusion 18