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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 workings, explanations and soluti ons. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9........... Visit the same SME/SMME as for Assignments 01 and have a final discussion with the owner or manager of the enterprise about conducting business in Africa. Here are a few questions you can use to help you with the conversation to gather the information you will need to answer the questions in Assignment 03: • What is the impact of social media? • What is their social class? • What is the generic marketing communication model of the SME/SMME? Note that you need to understand the theory surrounding these topics before visiting the SME/SMME. The format of your final portfolio (Assignment 03): 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)

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MNM2615
Assignment 3 Semester 1 2024
Detailed Solutions, References & Explanations

Unique number:

Due Date: 24 May 2024

TABLE OF CONTENTS

INTRODUCTION ........................................................................................................ 3
SECTION 1: BACKGROUND OF SME/SMME .......................................................... 3
Background of Lulu's Trading Pty Ltd ..................................................................... 3
Products and Services ............................................................................................ 3
Location .................................................................................................................. 4
Current Customers .................................................................................................. 4
SECTION 2: ASSIGNMENTS 01 CORRECTIONS AND SUGGESTIONS ................ 4
Technological progress ........................................................................................... 4
Technological progress in Africa .......................................................................... 4
Lulu's Trading technological progress in Africa .................................................... 5
DECISION-MAKING PROCESS AS PART OF AFRICAN CONSUMER BUYING ..... 6
Cultural influences .................................................................................................. Terms
6 of use
By making use of this document you agree to:
Practical applications of the decision-making process ............................................ 8
• Use this document as a guide for learning, comparison and reference purpose,
• ENVIRONMENT...................................................................................
MARKETING Not to duplicate, reproduce and/or misrepresent the contents of this document as your 8 own work,
• Fully accept the consequences should you plagiarise or misuse this document.
Marketing implications relating to growth in mobile and internet access ................. 8
Marketing strategy .................................................................................................. 9 Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
SECTION 3: ANSWERS TO ASSIGNMENT 03 QUESTIONS ................................. 10
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance
Establishing a and use of the
business contents
in Africa of this document. This document is to be used for comparison,
........................................................................... 10 research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
Industries that Africa requires ............................................................................
form or by 10any means.

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