How to answer question 1 and 2?

Q1 (a) Marketing mix refers to marketing strategy that meets the needs and wants of the target market. Explain FOUR (4) areas of strategies that successful entrepreneur must offer. (8 marks) (b) You are decided to sell curry puffs at your faculty open day. You will cook the frozen curry puffs that you have bought from a local supplier. Draw a simple process flow chart for this project. (6 marks) (c) As the business grow, an entrepreneur needs to hire employees to assure the business activities and operation to run effectively. Write the importance of Human Resources Management function. (6 marks) Q2 The statement of financial position of Serba Boleh Printing Enterprise as at 31 December 2016 was shown in Figure 1. Distinguish the above information to find financial statement for year 2016 (i) Gross profit or loss (ii) Net proft or loss (15 marks) Year 2016 January - December Assumptions: Start Operation 1/1/2016 RM Cash Injected by owner Loan bank (6% for 6yrs) 70,000 20,000 RM Sales Sales (unit) Selling Price/Unit Purchase Costs/unit 13,000 25 RM RM 10 Purchase of Photostat machine RM 60,000 (useful life = 8 yrs) paid cash RM 60,000 in January 2016 4,000 2,000 500 Monthly Operating Expenses: (fully paid ) Salary Shop space rental Electricity and other utilities Transportation Maintenance Advertisements (for the year) Other 300 300 3,000 200 Figure 1: Financial statement of Serba Boleh Printing Enterprise for year 2016