Question 1

Conduct a critical evaluation of the application of static models in the financial sector of a chosen country - (The people's Republic of China) , providing pertinent examples to support your analysis.

The essay should include: An extensive Introduction, a Body , and a Conclusion.

Question 2

You are part of a business simulation project where you are tasked with analyzing the feasibility of opening a new restaurant in Durban North. Considering this, discuss how a sensitivity analysis can be applied and utilized when assessing the financial feasibility of opening a new restaurant. In addition, describe the key variables that should be incorporated into the sensitivity analysis model to make informed business decisions. Provide relevant examples.

The essay should include: An extensive Introduction, a Body , and a Conclusion.