How do I go about describing it? Well first is the inverse $e^{-x}$ or $\ln(x)$?
Additionally, since I have no clue how to solve these problems as I am probably overthinking them...
$f:\mathbb R\to \mathbb R$ defined by $f(x) = x^3 + 1$. Describe its inverse.
Is the inverse of this function $\sqrt[3]{x-1}$? Is that what they mean by describing it?
The inverse of a function is with respect to function composition, not with respect to point-wise addition. So, the inverse of $e^x$ is not $x^{-1}$ but rather $\ln (x)$. Can you now work out the second function?
As for describing these functions, it's a bit unclear what they aim at. Perhaps to draw a sketch of the graph, or to say something qualitative about it by looking at the derivative (it's sign etc.). Perhaps they want you to relate the qualitative properties of the inverse from the original function. Who knows.