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.