FORMATIVE ASSESSMENT $2[100$ MARKS$]$

Identify an entrepreneurial opportunity within the Energy sector in South Africa and Develop a

comprehensive entrepreneurship project that includes the following components:

Question $1(25$ Marks$)$

Conduct an extensive investigation aimed at identifying a viable entrepreneurial opportunity within the chosen industry.

Employ the PESTLE analysis framework to execute a comprehensive macro$-$environmental analysis, discerning the

potential impacts of various macro$-$environmental factors on the identified opportunity.

Question $2(25$ Marks$)$

Using the criteria for high potential opportunities, evaluate the selected opportunity and make a firm determination if the

identified opportunity has potential.

Question $3(25$ Marks$)$

Using relevant examples, discuss the various areas that you can use to create a competitive advantage for an

entrepreneurial venture. Based on the identified opportunity, which individual area or combination of areas would be most

suitable for creating a competitive advantage. In your response, analyze specific strategies to support your arguments.

Question $4(25$ Marks$)$

Evaluate how the dominant forms of E$-$Commerce can assist you with your entrepreneurial venture.

END OF THE PAPER