Module 2 • Management Exercises


1. Business functions Any business needs to perform four different functions to achieve its objectives. The business is normally organised according to these functions. What are these? (Hint: your business plan was also organised according to these four categories)


Function


1. 2. 3. 4.


2. Functions of a manager A manager (entrepreneur) needs to perform four different functions in order to manage the business the business well. Name them.


Function


1. 2. 3. 4.


3. Business environments Simon owns his own taxi. Explain how the four direct external environments can influence his business.


Function


1. 2. 3. 4.


4. Which indirect external environments could influence his taxi business? Choose two and give a reason for each.


1. Explanation Example Example


2.


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