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BSM1501 ASSIGNMENT 1 FOR 2ND SEMESTER 2024 -Distinction

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Institution: University of South Africa (Unisa)
Course: BSM1501 (BSM1501)

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Uploaded on: August 4, 2024
Number of pages: 14
Written in: 2024/2025
Type: Other
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business management

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BSM1501
ASSIGNMENT 1 FOR 2ND SEMESTER 2024

FEND TUTORIALS

, Started on Sunday, 4 August 2024, 7:31 PM
State Finished
Completed on Sunday, 4 August 2024, 7:37 PM
Time taken 5 mins 22 secs
Marks 12.00/15.00
Grade 8.00 out of 10.00 (80%)
Question 1
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Question text
“Entrepreneurs know who or what their target market is; its demands and needs; and how to meet these
needs profitably.” To which one of the following management skills does this statement refer?

a.
Customer service

b.
Planning an enterprise

c.
Insight into expenditure, income, profit and loss

d.
Market orientation

Question 2
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Question text
What size business employs between 1 and 10 employees?

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BSM1501 ASSIGNMENT 1 FOR 2ND SEMESTER 2024 -Distinction

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