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MNM2615 Assignment 3 PORTFOLIO (COMPLETE ANSWERS) Semester 1 2026 - DUE May 2026

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MNM2615 Assignment 3 PORTFOLIO (COMPLETE ANSWERS) Semester 1 2026 - DUE May 2026 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. Section 1: Background of SME/SMME Provide a summary on the background of your chosen SME/SMME. In the background, provide information on the products or services the SME/SMME offers, where it is situated and who its current customers are (a maximum of one page discussion). (5) Section 2: Assignments 01 corrections and suggestions You need to implement corrections and suggestions from Assignments 01. Your corrected Assignments 01 will be checked and marked when you submit your final portfolio. Therefore, it is important that you do not ignore my suggestions and corrections. Corrections and suggestions from Assignments 01 should be a maximum of 10 pages (15 marks). (15) Section 3: Answers to Assignment 03 questions a) Discuss the industries that Africa requires with a view to establishing a business in Africa (5 marks for the theoretical discussion). b) Provide example on which industry does the chosen SME fall in to and provide two more industries that the chosen SME contributes in (10 marks for the practical application). (15) a) Explain factors of marketing environment that may affect marketing decisions of the SME targeting African consumer (5 marks for the theoretical discussion). b) Provide practical example of how marketing environment will affect marketing decisions of the chosen SME (10 marks for the practical application). (15) a) Discuss challenges of doing business in Africa (5 marks for the theoretical discussion). b) Provide practical examples as to how your specific SME will be able to overcome those challenges (10 marks for practical application). (15) MNM2615/102/1/2024 5 The third section should be a maximum of 15 pages. See the marking criteria below for the marks allocation. Section 4: Recommendations: Based on the discussions above, provide recommendations to the chosen SME/SMME and substantiate your reasons (advise or recommend on what needs to be done to improve the chosen SME/SMME). In addition to that, recommendations are practical applications of the chosen SME/SMME. (15) Address the following as technical care and presentation: Track changes are stopped and accepted. The table of content is included. An introduction and conclusion are included. The document is reader friendly (headings and sub-headings). The correct referencing technique (in-text references and reference list) is used. (10) This is a practical assignment; however, do not explain the theory from your prescribed material ONLY. You must also consult various other academic sources and incorporate the relevant practical information about the store. The portfolio you submit must follow a logical flow. Plagiarism is a criminal academic offence. Do not copy and paste information from any source – you will be penalised. Everything must be in your own words. Also, include references when you discuss the theory, since this will contribute to your technical mark. ASSIGNMENT 03 MARKING CRITERIA Your work will be marked according to the following criteria: Section number Topics Percentage (%) 1 Background and key concepts 5 2 Assignments 01 applied 15 3 Establishing a business in Africa 15 4 Marketing environment 15 5 Challenges of doing business in Africa 15 6 Recommendations 15 7 Technical characteristics and presentation 10 TOTAL 90

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,
, INTRODUCTION


This portfolio will focus on a selected SME/SMME, detailing its products or services,
location, and target market. We will incorporate feedback from prior assignments,
making necessary adjustments and improvements. The analysis will examine key
industries essential for business success in Africa, while also exploring the marketing
environment that shapes the SME’s strategic decisions for targeting African
consumers. Additionally, we will identify challenges faced by businesses operating in
Africa and propose practical solutions for overcoming these obstacles. Actionable
recommendations will be provided to support the SME’s growth, offering strategies for
improvement and expansion. The portfolio aims to provide a comprehensive
understanding of the SME/SMME within the framework of the African market, all while
adhering to the specified page limits and marking guidelines. By the end of this
analysis, we expect to present practical insights that will aid the SME in achieving
sustainable growth and long-term success in Africa.



SECTION 1: BACKGROUND OF SME/SMME


Background of Lulu's Trading Pty Ltd

Lulu's Trading Pty Ltd, established in 2013 and located in Limpopo, South Africa, has
been serving the local community for over a decade. The business has built a loyal
customer base under the leadership of Mrs. Adebayo, who is passionate about
promoting African culture through her enterprise. Specializing in the production of both
fresh and dried green vegetables, Lulu's Trading Pty Ltd supplies high-quality produce
to local supermarkets, wholesalers, and schools.




Products and Services

Lulu's Trading Pty Ltd focuses on producing and distributing a wide range of green
vegetables, both fresh and dried. The company is committed to delivering high-quality,
locally-sourced produce and has established a strong reputation for offering fresh,
flavorful vegetables. To meet the evolving preferences of consumers, Lulu's Trading

Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.

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Publisher: 2018 ISBN: 9781485129349 Edition: Unknown

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