9/15/2021
OTE2601
EXAMINATION
, EXAMINATION 15/09/2021
Table of Contents
DECLARATION .........................................................................................................................................2
QUESTION 1 .............................................................................................................................................3
1.1 MCCONNELL AND BRUCE (2017) SUMMARISE THE MAIN CONSEQUENCES OF UNEMPLOYMENT. DISCUSS
THE MAIN CONSEQUENCES OF UNEMPLOYMENT AS THEY SEE IT. ......................................................................3
1.2 STOKVELS HAVE BEEN AROUND FOR A LONG TIME AND ARE A UNIQUELY SOUTH AFRICAN PHENOMENON.
ELABORATE ON THE ROLE OF FIVE (5X3) TYPES OF STOKVEL............................................................................4
QUESTION 2 .............................................................................................................................................6
2.1 PEOPLE ARE CENTRAL TO THE ECONOMY AS CONSUMERS , BECAUSE THEY WANT TO SATISFY THEIR NEEDS .
DISCUSS THE RIGHTS OF CONSUMERS IN SOUTH AFRICA. ...............................................................................6
2.2 A ONE-MAN BUSINESS IS A FORM OF BUSINESS THAT BELONGS TO ONE PERSON WHO SUPPLIES HIS /HER
OWN CAPITAL OR BORROWS PART OF IT. DISCUSS THE ADVANTAGES AND DISADVANTAGES OF A ONE-MAN
BUSINESS 6
QUESTION 3 .............................................................................................................................................8
IN A MARKETING PLAN, YOU HAVE TO INCLUDE THE 4 P’S INSTRUCTIONS WHICH ARE NECESSARY TO MAKE THE
PLAN FUNCTIONAL. DISCUSS THE MARKETING PLAN UNDER THE FOLLOWING HEADINGS : .....................................8
3.1 PRODUCT ..................................................................................................................................8
3.2 PRICE........................................................................................................................................8
3.3 PLACE .......................................................................................................................................9
3.4 PROMOTION ..............................................................................................................................9
QUESTION 4 .......................................................................................................................................... 10
IT IS ARGUED THAT MONEY IS SUCH AN INTEGRAL PART OF OUR DAILY EXISTENCE THAT WE OFTEN DO NOT
RECOGNISE ITS IMPORTANCE . ..................................................................................................................10
ARGUE IN SUPPORT OF THIS OPINION BY ADDRESSING THE FOLLOWING ISSUES : ...............................................10
4.1 THE REQUIREMENTS FOR A GOOD CURRENCY ................................................................................10
4.2 VARIOUS CONCEPTS ASSOCIATED WITH MONEY ............................................................................11
1
OTE2601
EXAMINATION
, EXAMINATION 15/09/2021
Table of Contents
DECLARATION .........................................................................................................................................2
QUESTION 1 .............................................................................................................................................3
1.1 MCCONNELL AND BRUCE (2017) SUMMARISE THE MAIN CONSEQUENCES OF UNEMPLOYMENT. DISCUSS
THE MAIN CONSEQUENCES OF UNEMPLOYMENT AS THEY SEE IT. ......................................................................3
1.2 STOKVELS HAVE BEEN AROUND FOR A LONG TIME AND ARE A UNIQUELY SOUTH AFRICAN PHENOMENON.
ELABORATE ON THE ROLE OF FIVE (5X3) TYPES OF STOKVEL............................................................................4
QUESTION 2 .............................................................................................................................................6
2.1 PEOPLE ARE CENTRAL TO THE ECONOMY AS CONSUMERS , BECAUSE THEY WANT TO SATISFY THEIR NEEDS .
DISCUSS THE RIGHTS OF CONSUMERS IN SOUTH AFRICA. ...............................................................................6
2.2 A ONE-MAN BUSINESS IS A FORM OF BUSINESS THAT BELONGS TO ONE PERSON WHO SUPPLIES HIS /HER
OWN CAPITAL OR BORROWS PART OF IT. DISCUSS THE ADVANTAGES AND DISADVANTAGES OF A ONE-MAN
BUSINESS 6
QUESTION 3 .............................................................................................................................................8
IN A MARKETING PLAN, YOU HAVE TO INCLUDE THE 4 P’S INSTRUCTIONS WHICH ARE NECESSARY TO MAKE THE
PLAN FUNCTIONAL. DISCUSS THE MARKETING PLAN UNDER THE FOLLOWING HEADINGS : .....................................8
3.1 PRODUCT ..................................................................................................................................8
3.2 PRICE........................................................................................................................................8
3.3 PLACE .......................................................................................................................................9
3.4 PROMOTION ..............................................................................................................................9
QUESTION 4 .......................................................................................................................................... 10
IT IS ARGUED THAT MONEY IS SUCH AN INTEGRAL PART OF OUR DAILY EXISTENCE THAT WE OFTEN DO NOT
RECOGNISE ITS IMPORTANCE . ..................................................................................................................10
ARGUE IN SUPPORT OF THIS OPINION BY ADDRESSING THE FOLLOWING ISSUES : ...............................................10
4.1 THE REQUIREMENTS FOR A GOOD CURRENCY ................................................................................10
4.2 VARIOUS CONCEPTS ASSOCIATED WITH MONEY ............................................................................11
1
