2.1) Stadium Fast Foods and Nandos are direct competitors when it comes to university students that are the target market. Substantiate which franchise would have the competitive edge if university students are seeking to save money on different types of food for each day of the week. (4) 2.2) Evaluate the following extract from a patent application and identify any weaknesses for this section (3) ABSTRACT Wireless paper and plastic sensor are mostly used in printers and went on to be used in paper towel dispenser etc. Wireless sensor for detecting paper envelop and plastic comprises electrical or optical and a wireless IoT device to be secured to a smart phone front-end receiver. Secured to the sensor is a battery to keep it on and tight enclosure so that it does not get damage and a support LED to show that it is active and the small size supporting the mailbox space. Communicating with sensor is wireless loT device using Wi-Fi or Bluetooth network and a support program code to execute the commands given to the outputs. Sensor inside the mailbox facing down detects the paper envelop or plastic that has been dropped LED shows it is active, or it reads the object on the other end lot device get the signal and sends the data to a smart phone and activate LEDs to the mailbox door and inside the house or office. Weaknesses 2.3) Analyze the next story of a successful entrepreneur and identify at least three (3) relevant qualities and one (1) important skill that were evident. (4) The Konosuke Matsushita way. In Japan in 1917, a 23-year-old apprentice at the Osaka Electric Light Company with no formal education came up with an improved light socket. His boss wasn't interested so young Matsushita started making samples in his basement. He later expanded with battery-powered bicycle lamps and other electronic products. Matsushita Electric, as it was known until 2008 when the company officially changed its name to Panasonic, is now worth $66 billion. 2.4) Refer again to the story in Question 2.3 and identify a specific target market that could be listed in a business plan. (2) 2.5) Analyze the following extract from a business plan and judge its effectiveness. List any strengths and weaknesses. (4) Market Description For numerous reasons, Kauai will concentrate on workers and students. The market has been divided into two categories: Workers: Because no one has time to prepare breakfast at home, breakfast on the move is utilized as a meal replacement. Many of the larger food businesses have become increasingly interested in attempting to break into the lucrative, not to mention growing, market fe breakfast goods in recent years, knowing that consumers now like having breakfast at ar of day Students: After extracurricular activities such as athletics, most students like a refresh. healthy meal, as well as fresh smoothies during lunchtime. III O