[Total = 60 marks] SECTION B: CASE STUDY Please Answer All. Never Too Old To Start a Business - Maggie's Original Mageu At the ripe old age of 82 years, Maggie Mogase is no ordinary grandma. She is the entrepreneurial co-founder of Maggie's Original Mageu, a business which manufactures and distributes the traditional, maize-based fermented drink. After starting on a small scale in 2006. Maggie accessed assistance from Small Enterprise Development Agency (Seda) and funding from the Technology Transfer Fund, which has enabled her to growthe concern and supply supermarkets across Garankuwa and neighbouring areas. Mageu is the generic name for the non-dairy, non-alcoholic energy-giving beverage used by many of the maize-consuming populations in Africa. "My recipe was first formulated by my loving grandmother, the late Mrs Sapula Pooe, during the great famine of 1933," says Maggie. "This was a difficult time in our history where crops failed, scores of livestock perished and lots of people died of starvation. Faced with the challenge of feeding fourteen grandchildren, my grandmother decided to make a tasty nourishing meal for us. This is how our Original Mageu was born and like my grandmother, I have passed the recipe down to my grandchildren who are now my business partners." Maggie was referred to Seda and was encouraged to apply for funding from the Technology Transfer Fund in 2006. The Technology Transfer Fund assists small businesses to improve their competitiveness through technology transfer and pays for technical training. After being assessed by a Seda Technology Fund project officer, Maggie's Original Mageu received funding to acquire bottling, labeling, cooling, and flavouring equipment, which enabled the business to scale up production whilst improving capacity, quality, and efficiency. Seda is currently assisting the business with a quality management assessment and will continue to provide advice and support as the business grows. Maggie's story proves that you're never too old to start a business! Aspiring entrepreneurs like Maggiecan access information, resources and services through Seda branches. Course: BBCD1013 Introduction to Business Administration 1. Maggie Mogase is not your ordinary grandmother, as seen by the case study above. What motivates Maggie to start her business? [20 Marks] 2. Starting a new business is not an easy undertaking. Explain if there are any supports system that Maggie had for her business? [20 Marks) 3. When Maggie starts a new business, she reaps several perks. Describe Maggie's business's significance to the surrounding community. [20 Marks) 4. Based on the case study we know that Maggie can be considered as entrepreneur who takes a risk and ventures in business market. Discuss FIVE (5) risks in the business world that Maggie would encounter as an entrepreneur. [20 Marks]