,MNM2615 Assignment 3 PORTFOLIO (COMPLETE
ANSWERS) Semester 1 2025 - DUE 13 May 2025;
100% TRUSTED Complete, trusted solutions and
explanations.
MULTIPLE CHOICE,ASSURED EXCELLENCE
with us....a) Discuss government institutions that support
SMMEs (5 marks for the theoretical discussion). b) Provide
examples on how the chosen SME/SMME can be supported by
these institutions (10 marks for the practical application). (15)
a) Explain opportunities for local business expansion in South
Africa (5 marks for the theoretical discussion). b) Provide
practical examples of how the chosen SME/SMME may use
these opportunities to expand their business (10 marks for the
practical application). (15) a) Discuss the developments and
trends in brand promotion in South Africa (5 marks for the
theoretical discussion). b) Provide practical examples of the
developments and trends in brand promotions of the chosen
SME/SMME (10 marks for practical application). (15)
1. Government Institutions that Support SMMEs (15 Marks)
a) Theoretical Discussion (5 marks)
Several government institutions in South Africa support SMMEs
through funding, training, infrastructure, and advisory services:
, SEDA (Small Enterprise Development Agency): Provides
non-financial support such as business training, mentoring,
and incubation.
SEFA (Small Enterprise Finance Agency): Offers financial
assistance through loans and credit guarantee schemes.
NYDA (National Youth Development Agency): Supports
youth-owned businesses with funding, training, and
market linkages.
DTIC (Department of Trade, Industry and Competition):
Provides incentives and policy frameworks that promote
SMME growth.
IDC (Industrial Development Corporation): Offers funding
and technical support for businesses in the industrial
sector.
b) Practical Application for “Mzansi Fresh” (10 marks)
SEDA: Mzansi Fresh can attend SEDA workshops to learn
financial management and improve product packaging.
SEFA: Can apply for a loan to purchase additional fruit-
drying machinery or expand factory space.
NYDA: If the founder is under 35, they can receive a grant
to fund operations and marketing campaigns.
ANSWERS) Semester 1 2025 - DUE 13 May 2025;
100% TRUSTED Complete, trusted solutions and
explanations.
MULTIPLE CHOICE,ASSURED EXCELLENCE
with us....a) Discuss government institutions that support
SMMEs (5 marks for the theoretical discussion). b) Provide
examples on how the chosen SME/SMME can be supported by
these institutions (10 marks for the practical application). (15)
a) Explain opportunities for local business expansion in South
Africa (5 marks for the theoretical discussion). b) Provide
practical examples of how the chosen SME/SMME may use
these opportunities to expand their business (10 marks for the
practical application). (15) a) Discuss the developments and
trends in brand promotion in South Africa (5 marks for the
theoretical discussion). b) Provide practical examples of the
developments and trends in brand promotions of the chosen
SME/SMME (10 marks for practical application). (15)
1. Government Institutions that Support SMMEs (15 Marks)
a) Theoretical Discussion (5 marks)
Several government institutions in South Africa support SMMEs
through funding, training, infrastructure, and advisory services:
, SEDA (Small Enterprise Development Agency): Provides
non-financial support such as business training, mentoring,
and incubation.
SEFA (Small Enterprise Finance Agency): Offers financial
assistance through loans and credit guarantee schemes.
NYDA (National Youth Development Agency): Supports
youth-owned businesses with funding, training, and
market linkages.
DTIC (Department of Trade, Industry and Competition):
Provides incentives and policy frameworks that promote
SMME growth.
IDC (Industrial Development Corporation): Offers funding
and technical support for businesses in the industrial
sector.
b) Practical Application for “Mzansi Fresh” (10 marks)
SEDA: Mzansi Fresh can attend SEDA workshops to learn
financial management and improve product packaging.
SEFA: Can apply for a loan to purchase additional fruit-
drying machinery or expand factory space.
NYDA: If the founder is under 35, they can receive a grant
to fund operations and marketing campaigns.
