Kobus and Thami are friends who want to start a new business. To be successful, which one of the following do they need to do before they start a business? a. Draw up a marketing strategy. b. Draw up an interpersonal relations strategy. c. D

To set a solid foundation for their new business, Kobus and Thami should option **c. Do a fact-finding exercise.** Conducting a fact-finding exercise will help them gather essential information about the market, potential customers, competitors, and the overall business environment, which is crucial for making informed decisions before launching their business.