Gauteng

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    QUESTION 2 2.1 Discuss the THREE key functions of money in an economy. Mohr P. and associates, (2015), indicates that money serves as an important part of our everyday life. Money is any good that is widely accepted in exchange of goods and services, as well as payment of debts. The 3 Key functions of money in an economy can be described as follows: 1. Medium of exchange can be defined as money that is used for buying and selling goods and services and if there was no money, goods would…

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    (1) WHAT ARE MY RACIAL, ETHNIC, NATIONAL ORIGINS? I am a proud citizen of South Africa. I grew up in Gauteng in Johannesburg. I am Afrikaans speaking and English as my second language. But Afrikaans is my native language. Afrikaans is a West Germanic language spoken in South Africa, Namibia, Botswana and Zimbabwe. It progressed from the Dutch vernacular of South Holland spoken by the mainly Dutch settlers of what is now South Africa, where it progressively began to develop unique…

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    structure, having a basis of 17 carbon atoms arranged in four rings fused together. Steroids are produced naturally in the human body. They control metabolism, growth and blood chemistry, however anabolic steroids are made synthetically and are derivatives of testosterone and are used in pill or in a liquid form, injected into the body; they also come in the form of a cream or gel to rub into the body. They are transported by the blood stream to into the body’s cells. If steroids go to muscle…

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    The English dictionary (1998 :) defines poverty as “a condition of having little or no money, goods or any means of support. It is the condition of being poor”. According to the statistics of South Africa, the unemployment rate of South Africa increased from 25.50 percent in the second quarter of 2014 and 25.20 percent in the first quarter. The average rate of unemployment in South Africa is 25.27 percent from 2000 to 2014. Mulligan (2010: xii) states that “poverty remains disproportionately a…

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    Essay On Asbestos

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    Asbestos has played a pivotal role in the construction, electrical and automotive industries for many decades due to its excellent thermal and abrasive properties (Brandt 2008). The term asbestos comes from ancient Greek word meaning "inextinguishable". According to Hart (1988), the use of asbestos dates back to prehistoric times where asbestos fibers were woven into a fabric and used as wicks in oil lamps. Asbestos is a naturally occurring mineral which is mined from the earth’s crust. It…

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    Nandos Vs Kfc Case Study

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    Executive Summary In this study I will be collecting information and doing research on two different Fast Food franchises, Nando’s and KFC. These two franchises are direct competitors of each other because both are ‘chicken’ based franchises and they are the biggest and most well-known brands in this market. I will be focusing on the marketing aspect of each franchise and from this I will write up a conclusion as to which franchise, Nando’s or KFC is more successful solely based on their…

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    Rocomamas Case Study

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    Theme 2 : Profile of the Business - Rocomamas General Business Information Business Name : Rocomamas [ Spur Group (pty) Ltd ] Operating Address : Shop 24, Town Square, Hendrik Potgieter Drive, Constantia Kloof, Roodepoort Owner: Phil Horey Manager and Contact details : Colin Lewis (Lewis, 2016) colinrlewis@gmail.com 011 475 0439 / 082 771 3200 Organisation contact details : 011 475 0439 / townsquare@rocomamas.com Trading Hours: Monday - Friday (7am - 11pm) ; Saturday and Sunday (8am -10pm)…

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    Spaza Shop Case Study

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    1. INRODUCTION Spaza shops are regularly referred to as examples of small scale entrepreneurial endeavor and accomplishment inside the informal economy of South African townships. The expression "spaza" is taken from the isiZulu dialect, signifying "shrouded" (Bear et al., 2005), and rose in the politically-sanctioned racial segregation time when business open doors for black business visionaries were confined. These micro-convenience stores traded in a clandestine manner to provide township…

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    1 INTRODUCTION The study of entrepreneurship spans a wide range of fields, however it is argued that no prevalent consensus of research regarding the definitions, the process of becoming an entrepreneur or the factors influencing the process, has been reached (Ehrmann, 2013). According to Shane (2003), prior research has tended to look at only part of entrepreneurial process and thus, a general theory on entrepreneurship has not been formed. The individual-opportunity nexus framework of Shane…

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    Credit Card Fraud Case Study

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    3.1 Introduction Fraud is one of the most crucial ethical concerns in the credit card industry (Delamaire, Abdon, & Pointon, 2009). Fraud can occur with any type of credit products, such as personal loans, home loans, and in retails. Delamaire, Abdon, & Pointon (2009) defines fraud as means of obtaining services, goods and/or money in a dishonorable manner, and is a growing problem globally. Fraud deals with issues concerning criminal cases that are difficult to classify (Delamaire, Abdon, &…

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