Question: 1 . The process through which an individual takes capital, labour and natural resources and combines them with the risk linked to the provision of

1 .

The process through which an individual takes capital, labour and natural resources and combines them with the risk linked to the provision of godds and services, is known as what?

2 .

Skins for Africa is a local enterprise specializing in handmade leather bags and accessories. Due to a drought experienced in the gtreater part of the Karoo, the price of leather increased quite dramatically. This is an example of which variable, which can be in which environment of Skins for Africa?

3 .

Which economies is characterised by competition, where each enterprise has to compete for its share in the market?

4 .

An enterprise has a direct control over which envoronment?

5 .

What represents the starting point of the management process, and the most basic element of management?

6 .

At which management level are the functions of management unstructured, unpredictable, and routine tasks form only a small percentage of management?

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