1. Pat bought electricity meters for R6000. He travelled to fit them at customers premises. His transport...
Question:
1. Pat bought electricity meters for R6000. He travelled to fit them at customers’ premises. His transport and labour charge came to R1500. If he charged the customers R9500, what was his profit?
2. What resources go into making a plastic chair?
3. Let’s take the example of a door that is on sale at city hardware. Can you determine the primary, secondary and tertiary sectors involved in making the door?
4. The total market potential for selling cow’s milk is 500 000 litres per month in Pretoria. Three companies selling cow’s milk produce 350 000 litres per month. Calculate the target market for a new entrant in the market.
5. Do you think all five elements of the business plan are relevant to all SMMEs? Which element do you think may not apply? Give reasons for your answer.
6. Provide two examples of assets that an entrepreneur can pledge to the bank as security for a loan.
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey