6.1 State FIVE requirements that the packaging of a product should adhere to - NSC Consumer Studies - Question 6 - 2017 - Paper 1

1. 'Tents, stretch tents (variety of colours and sizes: 3 m x 3 m to 10 m x 10 m)'.
2. 'Tables, tablecloths (round, square, rectangle), chairs, chair covers (variety of colours – white and black)'.

Vuyo recognized a gap in the market for event equipment rental and saw the potential to fulfill this need. After conducting a financial feasibility study, he confirmed the viability of his business idea, which led him to take a loan to start it. His experiences working in marketing and with a bank provided him with the skills and knowledge necessary to run his own business.

1. Vuyo collects equipment the morning after events to ensure prompt and effective service.
2. He personally involves himself in managing his business, ensuring quality delivery and customer satisfaction.
3. He keeps track of the latest trends in events and entertainment to meet client expectations.

1. It helped Vuyo assess the strengths and weaknesses of his business idea.
2. He gained a clear picture of whether the business is sustainable and how to proceed with its setup.
3. It indicated that he could cover costs and provided insights for financial forecasting.

1. Availability of necessary skills: Vuyo had marketing and financial expertise needed for the business.
2. Financial requirements: He needed to secure a loan to purchase the initial equipment.
3. Location: He operated from home, ensuring he kept overhead costs low while managing his equipment effectively.

1. Vuyo's business grows quickly, indicating a high demand for rental services.
2. He maintains effective equipment management and quality service, leading to satisfied customers.
3. His ability to adapt to market trends ensures he remains competitive and profitable.