Question
Sakhumzi Restaurant in soweto South Africa case study: Question 1. How do entrepreneurs recognise and respond to opportunities? With reference to the Sakhumzi case, critically
Sakhumzi Restaurant in soweto South Africa case study:
Question 1.
How do entrepreneurs recognise and respond to opportunities? With reference to the Sakhumzi case, critically evaluate using relevant frameworks or concepts discussed in class how:
- Sakhumzi spotted the entrepreneurial opportunity (15 Marks)
- Sakhumzi shaped the opportunity into a venture (15 Marks)
Question 2.
- Briefly outline and describe the entrepreneurial process that Maqubela seems to have navigated (10 marks)
Question 3.
Based on facts and examples in the case study;
- Identify the challenges/dilemmas that Maqubela faced which are typical problems for small enterprises (10 marks).
- Explain how Maqubela employed principles of networking to start up and grow Sakhumzis (10 marks).
SECTION B
Question 4: Based on the inherent variations in entrepreneurship and entrepreneurial activity, identify and discuss three different domains or context that entrepreneurship can manifest on. (20 Marks)
Question 5: Discuss technological, economic, regulatory, political and legal and socio-cultural factors and their impact on entrepreneurship. (20 Marks)
Question 6: Apply the Value Proposition Canvas to the Sakhumzi Case Study, using the framework as discussed on the course. (20 Marks)
Question 7: Comment on the Big Five key dimensions of entrepreneurial behaviour and whether they have been applied by Sakhumzi. (20 Marks)
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