N4 Entrepreneurship & Business Management


COLUMN A 3.1.1 Desire for responsibilities 3.1.2 Skill at organising


COLUMN B


A Deposit contributions straight into bank account


B Social aspiration


3.1.3 Confidence in their ability to succeed C 14 current members 3.1.4 Identifying opportunities


3.1.5 Urge to achieve 3.1.6 Energy


E Trendsetters F Upmarket nature of stockvels (12)


3.2 Select four competitive advantages of the Four Sisters club stokvel from the following list. A They are all single black women. B It is an upmarket stokvel because they deposit their contributions into a bank account.


C The stokvel consists of stylish friends. D It combines financial flair with a traditional concept. E It is a public event. F The stokvel has social aspirations.


3.3


From the case study, it seems that this business does have a business plan. Match the concepts from the case study given in Column B with the business plan components mentioned in Column A. COLUMN A


COLUMN B


3.3.1 Marketing plan 3.3.2 Financial plan


3.3.3 Management plan 3.3.4 Introduction


A Trendsetters B 14 current members C Each woman pays R 500 per fortnight


D Mixing profit making and socialising E Four Sisters Club


3.4 Complete a SWOT analysis for the Four Sisters stokvel to determine the market feasibility of the products/service.


3.5 Complete the market segmentation of the Four Sisters stokvel. Answers must be based on the case study.


(8) (8)


(14) [50]


D Mixing of profit- making and socialising


(8)


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