QUESTION 1 1.1 Answer the following questions:
1.1.1 From the four factors of production, which one is the engine behind
production process?
(1)
1.1.2 Expenditure by business on capital goods is known as what?
(1).
1.1.3 Uneven distribution of natural resources often leads to countries trading
with one another, explain how.
1.1.4 Educated and trained workers tend to be more productive in any working
environment, explain what productivity means.
(2)
1.1.5 Why is capital formation important to the South African economy? (6)
[12]
ESTION 2
(2)​

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u. s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.