Question 1 (Marks: 20) Provide a brief definition or explanation of each of the following terms within the context of bu

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Question 1
(Marks: 20) Provide a brief definition or explanation of each ofthe following terms within the context of business management,together with a comprehensive example. You are required to defineeach of the terms in your own words. Please note: You will receivemore marks for your own original, detailed examples than forexamples in your textbook, from your lecturer, or on Learn.
Q.1.1 Diversification strategy.
Q.1.2 Operational goals.
Q.1.3 Job enlargement.
Q.1.4 Ethical leadership.
Question 2
Read the following case study and then answer the questions thatfollow. (5) (5) (5) (5) (Marks: 50) Vusi Mkhabela, the owner ofBlack Rose, sold food at weekend markets and did catering. He livedwithout a salary for weeks because areas he works in closed at thebeginning of the lockdown. “I was stuck financially and mentally,”said Mkhabela — until he decided to cook from home and market it onsocial media during lockdown level four. Events and markets werestill banned, but Minister of Trade and Industry Ebrahim Patel thenallowed cooked meals to be sold and Mkhabela used this to get hisbusiness going again. “I started cooking at home; we took picturesand fed our Instagram pages and WhatsApp,” he said. People latchedon to the opportunity to eat someone else’s food. As the lockdownrestrictions eased, he got a catering job which enabled him to renta space in Maboneng, Johannesburg, where he opened The GourmetShrine. © The Independent Institute of Education (Pty) Ltd 2022Page 3 of 7 20; 21; 22 2022 Source: Mathe, T. 2020. Entrepreneursstrike Covid gold, Mail & Guardian, 25 October 2020. [Online].Available at:https://mg.co.za/business/2020-10-25-en ... ovid-gold/[Accessed 20 May 2022]. Note: In your answers, you will be awardedmore marks for integrating the theory and facts from the case studythan if you discuss them separately. Q.2.1 Q.2.2 Q.2.3 Q.2.4 Q.2.5Explain how The Gourmet Shrine could engage in corporate socialresponsibility. (10) Describe the managerial skills needed at thetop management level, with application (10) to Mr Mkhabela’s roleat The Gourmet Shrine. Recommend to Mr Mkhabela why he shouldconsider a partnership as the business (10) form for The GourmetShrine. Describe economic variables of the macro environment inwhich Mr Mkhabela was (10) operating. Use examples in the contextof the case study to illustrate your understanding of (10)entrepreneurial resources. © The Independent Institute of Education(Pty) Ltd 2022 Page 4 of 7 20; 21; 22 2022 Question 3 (Marks: 30)Differentiate between the following business management concepts.Use the following guidelines in your answers: • Explain eachconcept in your own words; • Provide a detailed, original exampleof each concept; • Provide an analysis of the key differencesbetween the concepts; • You can use the tables below to presentyour answers. (15) Q.3.1 Leadership and management LeadershipExample of each concept Management Analysis of the key differences(5) Definition/explanation of each concept (2) (2) (3) (3) (15)Q.3.2 Location and functional departmentalisation as part of theorganising managerial function. Location departmentalisationFunctional departmentalisation Definition/explanation of eachconcept Example of each (3) (3) concept (2) (2) Analysis of the keydifferences (5) © The Independent Institute of Education (Pty) Ltd2022 Page 5 of 7 20; 21; 22 2022
Question 4
(Marks: 20) Write an essay where you explain the ControlProcess. Use your own examples to explain each step. Note: • Youwill receive more marks for your own original, detailed examplesthan for examples in your textbook, from your lecturer, or onLearn; • Marks will be allocated according to the rubric below; • Aword limit of 1 200 words applies. Markers will disregard any textbeyond this limit. Please indicate the word count at the end ofyour answer. NB – Your lecturer will not mark beyond the maximumword count for the question. For example, if you exceed the 1200-word limit by submitting a 1 400-word essay, you could lose allmarks allocated to any sections/arguments that fall into the 200words not marked.