NSC Consumer Studies Moving from an idea to the production and marketing of a product: 6.1 List the information that sh

Question

6.1 List the information that should appear on a product label.

- Name of product
- Trade name/ Trade mark
- Warnings/ allergens
- Dates: sell-by/ use-by/ best before
- Price/ barcode
- Product content/ nutritional information
- Ingredients/ fabric fibers
- Size/ mass/ weight/ volume/ quantity
- Care/ cooking/ storage instructions
- Batch number

6.2 State which TWO of the 5 Ps marketing strategies are indicated by the affordability and accessibility of a product.

- Price
- Place

6.3 Explain why it is advantageous for a business to use locally available raw materials.

Using locally available raw materials has several advantages:

- Food produce will be fresh, which enhances product quality.
- These materials are generally easier to obtain and can be delivered or collected immediately.
- This approach reduces transportation costs significantly, as there is no need to import from distant sources.
- Establishing good relationships with local suppliers can lead to better credit terms.

6.4 Discuss THREE financial advantages for a business to have trained staff members.

- It increases employee's productivity, leading to higher sales.
- Skilled staff can produce good quality work, improving customer satisfaction and retention.
- Reduced maintenance and repair costs, as trained staff can effectively manage equipment and materials.

6.5 Give FOUR consequences of poor stock control in a business.

- More storage space may be required.
- Overstocking may lead to product spoilage or obsolescence.
- Stock may deteriorate if not used by the established date.
- Capital could be tied up unnecessarily in stock.

6.6 Read the article below and answer the questions that follow,

EERSTE KAFEE

Two determined women had a dream of opening their own coffee shop. They bought a used shipping container from Big Box Containers to make their dream a reality. The shipping container was already fitted with solar panels, a gas stove and recycling bins.

Stellenbosch is a very popular tourist destination. They found an affordable location in the parking area close to three schools and on the way to the University of Stellenbosch.

They serve different types of coffees, snacks, light meals and coffee beans. They bake the muffins they are famous for and all their drinks are made on the premises. They offer a sit-down or take-away option. They use reusable or biodegradable take-away cups and containers. Regular customers are offered loyalty cards.

6.1 List the information that should appear on a product label - NSC Consumer Studies - Question 6 - 2024 - Paper 1

Worked Solution & Example Answer:6.1 List the information that should appear on a product label - NSC Consumer Studies - Question 6 - 2024 - Paper 1

List the information that should appear on a product label.

State which TWO of the 5 Ps marketing strategies are indicated by the affordability and accessibility of a product.

Explain why it is advantageous for a business to use locally available raw materials.

Discuss THREE financial advantages for a business to have trained staff members.

Give FOUR consequences of poor stock control in a business.

Identify the target market of Eerste Kafee.

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