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Aya and her sister Maya live in Roodepoort - NSC Hospitality Studies - Question 5 - 2024 - Paper 1
Question 5
Aya and her sister Maya live in Roodepoort. They were brought up in a traditional African home where the focus was always on food and they spent most of their time c... show full transcript
Worked Solution & Example Answer:Aya and her sister Maya live in Roodepoort - NSC Hospitality Studies - Question 5 - 2024 - Paper 1
Step 1
List THREE characteristics that Aya and Maya should possess in order to become good entrepreneurs.
Answer
Aya and Maya should possess the following characteristics:
- Willingness to take risks: As entrepreneurs, they need to be willing to take calculated risks when making decisions related to their business.
- Creative and innovative mindset: They should be able to think outside the box and come up with new ideas to differentiate their food stall from others.
- Strong communication skills: Effective communication will be crucial when building relationships with customers and suppliers.
Step 2
Assist Aya and Maya to draft their SWOT analysis by identifying TWO strengths and TWO weaknesses of their business.
Answer
| TWO STRENGTHS | TWO WEAKNESSES |
|---|---|
| 1. Cultural food background: Aya and Maya have a rich cultural background, providing authentic dishes that can attract customers. | 1. Limited market information: They may not have extensive knowledge of their target market, which could hinder their marketing efforts. |
| 2. Passion for cooking: Their passion for food can reflect in the quality of dishes, attracting more customers. | 2. No premises to start the business: They may lack a physical space for the stall, complicating their operations. |
Step 3
Name THREE other self-employment opportunities that Aya and Maya can add to expand their food business.
Answer
- Private Chefs or Catering Services: Offering personalized cooking services for events or individual clients.
- Food Delivery Services: Creating a delivery service to sell their food products to a broader customer base.
- Food Blogging or Influencing: Sharing their cooking experiences and recipes online to gain visibility and attract customers.
Step 4
Explain THREE ways in which Afri-Stop can positively contribute to the South African economy.
Answer
- Creating Job Opportunities: By hiring staff for the stall and catering services, they help reduce unemployment in their community.
- Boosting Local Economy: Their business will contribute to the local economy by sourcing ingredients from local farmers and suppliers.
- Increasing Tourism: By offering unique cultural dishes, Afri-Stop can attract both local and international tourists, increasing foot traffic to the area.
Step 5
Advise Aya and Maya on the FOUR important aspects that form part of a business plan.
Answer
- Business Description: Clearly defining the type of food business, its vision, and its objectives.
- Market Analysis: Conducting research to understand their target market and competition.
- Marketing Plan: Strategies on how to promote Afri-Stop and attract customers.
- Financial Projections: Developing budgets and forecasts to manage cash flow and assess profitability.