QUESTION 1 ( 20 marks) Analyse the advertisement below and answer the questions that follow. 1.1Mrs Tanaya is interested in buying the business advertised above. Advise her on the pros and cons of buy

QUESTION 1 ( 20 marks)

Analyse the advertisement below and answer the questions that follow.

1.1Mrs Tanaya is interested in buying the business advertised above. Advise her on the pros and cons of buying the business.(10)

1.2Advise Mrs Tanaya on five traps to avoid when buying an existing business(10)

QUESTION 2 (20 marks)

Read the case below and answer the questions that follow.

NIKE GO FlyEase case

The ability to tie our shoes may be something most people take for granted—but for many of us, lacing up can be a real pain. Nike aims to fix that problem with the GO FlyEase ($120), a shoe that wearers with disabilities can slip on and off, hands-free. A hinge in the middle allows the shoe to bend open, while a midsole tensioner band, crafted from surgical tubing, snaps it back into place. The shoe could help people with a wide range of conditions, from flexibility issues and arthritis to visual impairments. “The human experience is vast and broad—why aren’t we providing solutions that help people dress themselves independently?” asks Sarah Reinertsen, a Paralympic athlete and member of Nike’s innovation team who worked on prototypes of the shoe. “Nike wants to make sports more accessible, and this is a part of that.” —Jesse Will

2.1.An entrepreneur needs to be creative and innovative in order to cope and overcome unforeseen and foreseen obstacles.” Discuss this statement in light of the case above.(10)

2.2Discuss the four major types of Innovation (8).Which type of innovation does the Nike GO FlyEase represent? Justify your answer. (2)(10)

QUESTION 3 (10 marks)

Mr Cele is an upcoming entrepreneur from Pondoland, KwaZulu Natal, South Africa. He is considering starting a cattle ranging business.

3.1Outline five legal aspects Mr. Cele should consider on the normal course of running the business(10)

∞End

Show more







Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10