Question 1
Define the term “Management.”
(6)
Question 2
Business plans are vital and important for business development and sustainability. Describe
the importance of Business plans in Hospitality & Tourism business
(9 x2=18)
Question 3
Discuss the importance of SME’s in Namibia Hospitality and Tourism Industry.
(6 x2=12)
Question 4
Explain the most important personal characteristics/qualities of entrepreneurs.
(6x2=12)
Question 5
Discuss the relationship between a business and an establishment.
(4 x2=8)
Question 6
Briefly discuss the critical parts that make up a successful Business Plan.
(7x2=14)
Question 7
Entrepreneurs are affected in their business by various internal and external factors. Discuss the
importance of studying these factors of a business.
(7x2=14)
Question 8
The majority of all small businesses are standing alone or are owned by individuals. Discuss the
advantages of sole proprietorship.
(10)
Question 9
Describe the different sectors that business can operate.
(3x2=6)
TOTAL 100 MARKS