EXCELCENTRE LEARNING INSTITUTE 0846244729
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
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 EVERY DETAIL IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 0846244729
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) ..................................... 9
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) .............................. 10
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) .............................. 12
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) ........................................................................................................ 14
Education is the most powerful weapon which you can use to change the world
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
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 EVERY DETAIL IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 0846244729
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) ..................................... 9
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) .............................. 10
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) .............................. 12
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) ........................................................................................................ 14
Education is the most powerful weapon which you can use to change the world
