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Question 1 a) Describe the five major functional areas in a business enterprise. [10 marks] b) What are the four essential functions of money? [10

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Question 1 a) Describe the five major functional areas in a business enterprise. [10 marks] b) What are the four essential functions of money? [10 marks] Question 2 a) Compare and contrast strategic alliances with joint ventures [10 marks] b) Discuss the disadvantage of a merger or acquisition. [10 marks] Question 3 a) How does using banks and microlenders as sources of financing differ from seeking funds by going public? [10 marks] b) Compare and contrast venture capitalists with angel investors. [10 marks]

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