Management Answers

Critically assess the Major issues associated with cruise tourism

In 2013, chat app Mxit a South African social networking platform reported that its monthly
active user base was 7.5 million – but this figure dropped to just 1.2 million monthly active
users in July 2015. In October 2015, Mxit announced that it was finally shutting down its
corporate operations but would still leave the app available for download and use. Yet, a year
later in October 2016, the app users couldn’t send and receive anymore.

1. When Mxit first launched, they planned to be one of the biggest innovative organisation
in the IM industry yet 10 years later the company shut down its operations. Following
systematic steps on a control process and using practical examples based on the case
study, establish why did Mxit failed to achieve their planned objectives.
2. Is there anything that they could have done differently to achieve their planned
objectives? Justify your answer.
Nb:reference is required.

However, it fell victim to the rise of intense competition from international offerings such as
WhatsApp and Facebook (Tshabalala, 2015).
1. When Mxit first launched, they planned to be one of the biggest innovative organisation
in the IM industry yet 10 years later the company shut down its operations. Following
systematic steps on a control process and using practical examples based on the case
study, establish why did Mxit failed to achieve their planned objectives.
(30)
2. Is there anything that they could have done differently to achieve their planned
objectives? Justify your answer (10)
3. Who is to blame for this failure in the organisation and what information were they
supposed to gather so that their activities could be aligned strategic goals and
strategies?

Enter the unadjusted trial balance on a 10-column end-of-period spreadsheet (work sheet), and complete the spreadsheet. 6. Journalize and post the adjusting entries. 7. Prepare an adjusted trial balance. 8. Prepare an income statement, a statement of ownerà ƒ ¢ € ™s equity, and a balance sheet. 9. Prepare and post the closing entries. Indicate closed accounts by inserting a line in both the Balance columns opposite the closing entry. Insert the new balance in the ownerà ƒ ¢ € ™s capital account. 10. Prepare a post-closing trial balance.