Choice Of Prod For Small Scale Production Flashcards
1
Q
What to do if entrepreneurs doesnt have required skills
A
All Helpful Teachers Learn
2
Q
Types of workers
A
Unskilled
Semi - skilled
Skilled
3
Q
Cost of employment of workers
A
Employers contrib UIF 1% and SETA 1%
PAYE - deduct from wage and goes to SARS
4
Q
Availablility of workers
A
Advertised locally and apply by sending CVs
5
Q
Financial resources - what are operating costs
A
Rent, water, elec, salaries, repayment of bank loan
6
Q
Possibilities for financial business - options (3)
A
BOI
Bank loans own savings investors
7
Q
Available workspace
A
Magic right & left
Raw and local mat, good relation w suppliers
8
Q
Consumer attraction
A
Senses
