mne202v_tut_201-s2_2010

mne202v_tut_201-s2_2010 - MNE202V/201/3/2010 DEPARTMENT OF...

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MNE202V/201/3/2010 UNISA DEPARTMENT OF BUSINESS MANAGEMENT BUSINESS MANAGEMENT INTRODUCTION TO ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT (MNE202V) TUTORIAL LETTER 201/3/2010
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MNE202V/201/3/2010 UNISA 2 CONTENTS 1 INTRODUCTION 2 CONTACT DETAILS OF LECTURERS 3 FEEDBACK ON ASSIGNMENT 01 4 FEEDBACK ON ASSIGNMENT 02 5 GUIDELINES ON THE EXAMINATION 6 CONCLUDING REMARKS Dear Students 1 INTRODUCTION The purpose of this tutorial letter is to provide feedback on Assignments 01 and 02, each comprising 25 multiple-choice questions. If you submitted Assignment 01 on the mark-reading sheet you have gained admission to the examination. Both assignments contributed to your year mark. See Tutorial Letter 101 for details of how your year mark will be calculated. Please use the feedback provided when evaluating your answers. 2 CONTACT DETAILS OF LECTURERS The lecturers for this module in 2010 are as follows: Lecturer Telephone number Office Mr NS Radipere radipns@unisa.ac.za Subject head:MNE202V 012 429 4332 Office 5-55 Dr MW Ladzani wladzani@unisa.ac.za Second examiner:MNE202V 012 429 3777 Office 3-46 Dr E Swanepoel swanee@unisa.ac.za Section head: Entrepreneurship 012 429 4732 Office 3-33 The lecturers’ offices are situated on the third and fifth levels of the AJH van der Walt Building, Unisa, Muckleneuk Ridge, Pretoria.
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MNE202V/201/3/2010 UNISA 3 3 FEEDBACK ON ASSIGNMENT 01 Question 1 The correct answer is 3. See page 15 in the prescribed book. Entrepreneurial success factors include the following: creativity and innovation; risk orientation; leadership; good human relations; a positive attitude; perseverance and commitment. Knowledge of competitors and work of a high quality are managerial success factors. Question 2 The correct answer is 4. See page 31 in the prescribed book. Pull factors in entrepreneurship are independence, achievement, recognition, personal development and personal wealth. Unemployment and job insecurity are push factors in entrepreneurship. Question 3 The correct answer is 3. See pages 11 to 12 in the prescribed book. Factors that encourage an entrepreneurial orientation include culture, education, work experience, personal orientation and family and role models. Question 4 The correct answer is 2. See page 30 in the prescribed book. When a person has a high need for achievement, he or she is highly motivated to excel. . Question 5 The correct answer is 3. See page 9 in the prescribed book. Option c is incorrect. Jack is not an entrepreneur, but only managing his uncle’s restaurant. Option d is also incorrect. Peter is working as an employee at a soccer match. Question 6 The correct answer is 2. See page 10 in the prescribed book. The following characteristics distinguish an entrepreneurial venture from a small business: innovation the potential for growth strategic objectives
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MNE202V/201/3/2010 UNISA 4 Question 7 The correct answer is 2. See page 28 in the prescribed book. Subsistence entrepreneurs are inexperienced in business management and
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This note was uploaded on 03/22/2011 for the course MNE 202V taught by Professor Unknown during the Spring '11 term at University of South Africa.

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mne202v_tut_201-s2_2010 - MNE202V/201/3/2010 DEPARTMENT OF...

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