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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 to be successful entrepreneurs:
- Determination: They need to be committed and motivated, continuously working towards their goals even when faced with challenges.
- Creativity: This allows them to innovate and create unique food offerings that can stand out in the market.
- Risk-taking: They must be willing to take calculated risks in their business ventures, understanding that this is integral to entrepreneurship.
Step 2
Step 3
Name THREE other self-employment opportunities that Aya and Maya can add to expand their food business.
Answer
Aya and Maya can consider the following self-employment opportunities to expand their food business:
- Private catering services: Offering personalized meal catering for events.
- Food delivery services: Delivering prepared meals to customers at home or work.
- Cooking classes: Teaching others how to cook their signature dishes.
Step 4
Explain THREE ways in which Afri-Stop can positively contribute to the South African economy.
Answer
Afri-Stop can positively contribute to the South African economy in the following ways:
- Job creation: By employing staff, Afri-Stop will contribute to reducing unemployment in the community.
- Cultural tourism: As a food stall representing traditional African cuisine, it can attract both local and international tourists, enhancing cultural tourism in the area.
- Local sourcing: By sourcing ingredients from local farmers, Afri-Stop can support local agriculture and promote sustainable practices.
Step 5
Advise Aya and Maya on the FOUR important aspects that form part of a business plan.
Answer
The four important aspects that Aya and Maya should include in their business plan are:
- Market analysis: Understanding the target market, including demographics and competition.
- Marketing strategy: Outlining how they will promote their business and attract customers.
- Financial plan: A detailed budget that covers startup costs, projected income, and operational expenses.
- Operational plan: Describing how the business will function on a day-to-day basis, including staffing and supply chain management.