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In January 2005 MXit was launched as a subscription service, which Heunis knew would not work, but decided to try anyway. By the end of April 2005 MXit had only 40 subscribers. At the end of May 2005, it was launched as a free service and the user numbers started skyrocketing.Mxit was the first to have hyperlinks within text , first to sell virtual goods and develop an economy via advertising . They also had to develop their own software


Which one of the following is not an entrepreneurial trait of Herman Heunis ?

(a) external locus of control

(b) Achievement motivation

(c) Creativity

(d) Risk-taking


The Namibian economy is closely linked to South Africa with the Namibian dollar pegged to the South African rand. Discuss the monetary arrangement & the peg and how it works. Please refer to the Common Monetary Area (CMA). Hint: Consult Bank of Namibia website. 



In January 2005 MXit was launched as a subscription service, which Heunis knew would not work, but decided to try anyway. By the end of April 2005 MXit had only 40 subscribers. At the end of May 2005, it was launched as a free service and the user numbers started skyrocketing.Mxit was the first to have hyperlinks within text , first to sell virtual goods and develop an economy via advertising . They also had to develop their own software


which step in the entrepreneurial process did Heunis have to do once he had conducted feasibility study ?

(a) compile a business plan

(b) launch a strategy

(c) resource strategy

(d) implementation




Anglo-American owns a portfolio of mining businesses and natural resources . These natural resources include diamonds and platinum group metals . The most important characteristics of these resources is that their supply cannot be ______ and they are therefore referred to as ______ resources .

(a) decreased , scarce

(b) decreased , abundant

(c) increased , scarce

(d) INCREASED , abundant


In a FULL sentence, describe how YOUR OWN one main personal ETHICAL VALUE might in future influence your daily life as an accountancy professional. 


In a FULL sentence, describe how YOUR OWN one main personal ETHICAL VALUE influences your daily life as a student. 


Reflect on HOW the actions and words of the person identified in (b) influenced the development of YOUR OWN one main personal ETHICAL VALUE. Now, write TWO FULL sentences: 

(i) In sentence one, describe how the actions of the person influenced YOUR OWN one main personal ETHICAL VALUE.

(ii) In sentence two, describe how the words of the person influenced YOUR OWN one main personal ETHICAL VALUE.


Mention one individual role-player (for example your brother or teacher) who contributed the most to the development of YOUR OWN one main personal ETHICAL VALUE


Write a FULL SENTENCE that describes YOUR OWN one main personal ETHICAL VALUE. 


How can export oriented industrialization helps economic growth in developing countries


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