Question: QUESTION 3 ( 2 0 Marks ) When considering starting a business enterprise, there are numerous factors to consider that can significantly influence the decision

QUESTION 3(20 Marks)
When considering starting a business enterprise, there are numerous factors to consider that can
significantly influence the decision-making process. Discuss the factors that would affect your choice of
business enterprise, providing practical examples to support your answer.
QUESTION 4(20 Marks)
A farmer wants to start a new business and produce organic vegetables for the local community. To do so,
the farmer needs to understand the different factors of production that are necessary for the business to
operate successfully. What are the FOUR (4) main factors of production required for the farmer to produce
organic vegetables for the local community, and how does each factor contribute to the production process?
QUESTION 5(20 Marks)
In the context of Small, Medium, and Micro Enterprises (SMMEs), discuss how each of the four functions of
management (planning, organizing, leading, and controlling) can contribute to the success and sustainability
of such businesses. Provide examples to illustrate your points.

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