6.1 Give THREE examples of start-up costs for a small business from home - NSC Consumer Studies - Question 6 - 2023 - Paper 1
Question 6
6.1 Give THREE examples of start-up costs for a small business from home.
6.2 State THREE factors that influence the efficient production of quality products.
6.3 ... show full transcript
Worked Solution & Example Answer:6.1 Give THREE examples of start-up costs for a small business from home - NSC Consumer Studies - Question 6 - 2023 - Paper 1
Step 1
Give THREE examples of start-up costs for a small business from home.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Electricity: Necessary for kitchen appliances and lighting.
Raw materials: Ingredients needed for baking, such as flour, sugar, and eggs.
Equipment: Baking tools and appliances like ovens, mixers, and baking trays.
Step 2
State THREE factors that influence the efficient production of quality products.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Planning: Ensuring all production processes are organized and resources are allocated efficiently.
Quality control: Regularly checking products to maintain high standards and minimize defects.
Tidy workspaces: A clean and organized work area enhances productivity and reduces errors.
Step 3
Give reasons for conducting a financial feasibility study.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
To assess the viability of the business idea and estimate potential profits.
To identify any financial obstacles and find ways to overcome them.
To calculate how much start-up capital is needed and where it can be obtained.
Step 4
Give THREE characteristics of eco-friendly packaging materials.
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Biodegradable: Breaks down naturally without harming the environment.
Recyclable: Can be processed and used again to reduce waste.
Sustainable: Produced using renewable resources that minimize the carbon footprint.
Step 5
Explain the advantages of using local raw materials for a small-scale business.
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Cost-effectiveness: Reduces transportation costs and supports the local economy.
Quality control: Fresh, local ingredients can enhance product quality and flavor.
Community relationships: Builds positive connections with local suppliers and customers, fostering loyalty.
Step 6
Explain why it is important for a business to handle customer queries or complaints immediately.
97%
121 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
It enhances customer satisfaction and loyalty, leading to repeat business.
Immediate responses can prevent minor issues from escalating.
It helps improve products and services based on customer feedback.
Step 7
List the information that must be included on the package label of the baked products.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Name of the product.
Name of manufacturer.
Ingredients.
Nutritional information.
Step 8
Name TWO human skills that helped Njabulo to start his business.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Baking skills: Essential for creating quality baked goods.
Marketing skills: Helped in promoting his products effectively.
Step 9
Explain why it is important for Bakers Creationz to conduct regular maintenance of its second-hand equipment.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
It prevents breakdowns during production, ensuring consistent output.
Regular checks save time and money by avoiding costly repairs.
Step 10
Calculate the profit that Pick n Pay will make on EACH pack of snowballs.
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Sign up now to view full answer, or log in if you already have an account!
Answer
The statement reflects accurate business practices of Njabulo, indicating growth since starting from home. It highlights financial management and resourcefulness.
