Elite Academic Institute 068 053 513 262 1185
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Educating the world for a better change
,Elite Academic Institute 068 053 513 262 1185
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore, the documents provided here including past assignments, tests
and notes are intended SOLELY for educational purposes and as a guide to help
students understand academic concepts and improve their writing skills. These
materials should not be submitted as final work, as doing so may constitute academic
dishonesty. Students are encouraged to use them as reference points, develop their
own understanding and produce original work that reflects their knowledge and critical
thinking. Students are also encouraged to regenerate their own (personalized)
solutions paying particular attention to module contents as prescribed by module
facilitators, lecturers and supervisors. If this document is plagiarized by the users and
fails, ELITE ACADEMIC INSTITUTE should not be rendered accountable since the
contents in this document only give learners a kick-start on what is expected of them
from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE ALL THE INFORMATION IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENTS
Educating the world for a better change
, Elite Academic Institute 068 053 513 262 1185
Table of Contents
1. Based on the National Small Business Act, classify the size of enterprise that GI
represents by referring to its number of employees. (1) ...................................... 4
2. Identify and discuss the key challenges that Sakhe experienced both during the
initial stages of establishing his business and in the ongoing operation of his
enterprise, as presented in the case study. (7) ..................................................... 4
3. Drawing on the strategies outlined in your prescribed textbook, propose three
strategies that Sakhe could implement to address the challenges currently
affecting his business. (3) ....................................................................................... 7
4. With reference to the concept of enterprise development and the various growth
strategies available to small businesses, describe the way Sakhe expanded his
enterprise in 2013. Support your response with specific evidence from the case
study. (2) ................................................................................................................... 8
5. Provide a definition of bootstrapping as a financing method and illustrate with
examples from the case study how Sakhe applied this approach to fund his
business. (5) ............................................................................................................. 9
6. Sakhe intends to diversify into sports management. Explain two (2) aspects of
technical feasibility he is currently exploring in preparation for this new venture.
(4) ............................................................................................................................. 11
7. Identify the funding agency that granted Sakhe a loan and explain the role that it
plays in supporting entrepreneurs. (3) ................................................................. 13
8. Define the concept of resource sufficiency as per your prescribed textbook.
Then, identify the key resources Sakhe utilized in building his business and
support your answer with examples from the case study. (5) ........................... 13
Educating the world for a better change
ademic In
Ac sti
te
tu
Eli
te
he
de
W
re a
G ra eM
d u a t e s Ar
Educating the world for a better change
,Elite Academic Institute 068 053 513 262 1185
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore, the documents provided here including past assignments, tests
and notes are intended SOLELY for educational purposes and as a guide to help
students understand academic concepts and improve their writing skills. These
materials should not be submitted as final work, as doing so may constitute academic
dishonesty. Students are encouraged to use them as reference points, develop their
own understanding and produce original work that reflects their knowledge and critical
thinking. Students are also encouraged to regenerate their own (personalized)
solutions paying particular attention to module contents as prescribed by module
facilitators, lecturers and supervisors. If this document is plagiarized by the users and
fails, ELITE ACADEMIC INSTITUTE should not be rendered accountable since the
contents in this document only give learners a kick-start on what is expected of them
from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE ALL THE INFORMATION IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENTS
Educating the world for a better change
, Elite Academic Institute 068 053 513 262 1185
Table of Contents
1. Based on the National Small Business Act, classify the size of enterprise that GI
represents by referring to its number of employees. (1) ...................................... 4
2. Identify and discuss the key challenges that Sakhe experienced both during the
initial stages of establishing his business and in the ongoing operation of his
enterprise, as presented in the case study. (7) ..................................................... 4
3. Drawing on the strategies outlined in your prescribed textbook, propose three
strategies that Sakhe could implement to address the challenges currently
affecting his business. (3) ....................................................................................... 7
4. With reference to the concept of enterprise development and the various growth
strategies available to small businesses, describe the way Sakhe expanded his
enterprise in 2013. Support your response with specific evidence from the case
study. (2) ................................................................................................................... 8
5. Provide a definition of bootstrapping as a financing method and illustrate with
examples from the case study how Sakhe applied this approach to fund his
business. (5) ............................................................................................................. 9
6. Sakhe intends to diversify into sports management. Explain two (2) aspects of
technical feasibility he is currently exploring in preparation for this new venture.
(4) ............................................................................................................................. 11
7. Identify the funding agency that granted Sakhe a loan and explain the role that it
plays in supporting entrepreneurs. (3) ................................................................. 13
8. Define the concept of resource sufficiency as per your prescribed textbook.
Then, identify the key resources Sakhe utilized in building his business and
support your answer with examples from the case study. (5) ........................... 13
Educating the world for a better change
