The correct statement regarding an advantage of a private business trust is: **b. This type of enterprise is very easy to form.** Private business trusts typically have simpler structures and can be established more quickly than some other types of business entities. The other options do not accurately represent advantages of a private business trust.

The common reason for small businesses to fail due to external factors among the options provided is: b. overlooking competition This reflects how external market dynamics, like competitive pressure, can significantly impact a small business's chances of success. While the other options may also contribute to failure, they often pertain more to internal management issues or product-market fit rather than directly being external factors.

According to the World Economic Forum, corruption has often been identified as one of the most problematic factors for doing business in South Africa. Therefore, the correct answer is: c. corruption

Given the requirements and preferences of Kudakwashe Musona and Pretty Mazwai, the best option would be: **a. company** By registering as a company, they can limit their personal liability, meaning that their personal assets are protected from business debts or liabilities. Additionally, forming a company typically does not require them to appoint a traditional director if they opt for a different structure, such as a members-managed company

a. co-operative society

a. government directives While government directives may lead to business initiatives or regulations, they are not typically considered a direct source of business ideas in the same way that personal interests, customer suggestions, or previous work experience can be.

b. insufficient first capitalisation Insufficient initial capitalization can often lead to cash flow problems and hinder a small business's ability to cover operating expenses, invest in growth, and manage unforeseen challenges, contributing to its failure.

The kind of company described, where it is owned by your fellow student, his two brothers, and three cousins, is known as **c. private**.

In the context of James Biko starting his own production company, the biggest consideration when choosing a form of enterprise would likely be **c. limited liability**. Limited liability is important because it protects the owner's personal assets from the company's debts and liabilities. Given that he will be employing at least 20 employees and expects a substantial turnover, the risks involved in the business can be significant. Choosing a

The most common reason for small businesses to fail due to financial inadequacy is: **b. cash-flow problems** While all the options can contribute to a business's struggles, cash-flow issues are often cited as a primary reason for failure, as they directly affect the ability to meet day-to-day operational expenses.

A good supervisor in an apartment or estate setting plays a crucial role in maintaining the quality of life for residents, ensuring the property is well-managed, and fostering a positive community atmosphere. Here are some key qualities of a good supervisor in this context: 1. **Strong Communication Skills**: Being able to communicate clearly and effectively with residents, staff, and management is essential. A good supervisor should be

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