, ETP3701 Assignment 2 (COMPLETE ANSWERS)
Semester 1 2025 ; DUE 14 April 2025; 100%
TRUSTED Complete, trusted solutions and
explanations.
CASE STUDY 1
Question 1 (20)
1.1 Identify and critically discuss the types of resources that were
needed to start a Nkukhu-Box franchise give examples. (10)
To successfully start a Nkukhu Box franchise, a combination of
tangible and intangible resources was required. These resources fall
into categories such as financial, human, physical, and intellectual
resources. Here's a critical discussion of each with examples:
�1. Financial Resources
Starting any franchise demands significant capital to cover initial and
operational costs.
Startup Capital: Funds were required to research and develop
the concept from 2013 to 2016. This includes product
development, testing flavours, branding, and business registration.
Operating Capital: Money was needed for inventory, paying
staff salaries, marketing, and utilities.
Franchise Fee & Royalties: Potential franchisees must likely pay
a franchise fee and commit to ongoing royalties, which require
upfront and sustainable funding sources (loans, investors, savings).
Semester 1 2025 ; DUE 14 April 2025; 100%
TRUSTED Complete, trusted solutions and
explanations.
CASE STUDY 1
Question 1 (20)
1.1 Identify and critically discuss the types of resources that were
needed to start a Nkukhu-Box franchise give examples. (10)
To successfully start a Nkukhu Box franchise, a combination of
tangible and intangible resources was required. These resources fall
into categories such as financial, human, physical, and intellectual
resources. Here's a critical discussion of each with examples:
�1. Financial Resources
Starting any franchise demands significant capital to cover initial and
operational costs.
Startup Capital: Funds were required to research and develop
the concept from 2013 to 2016. This includes product
development, testing flavours, branding, and business registration.
Operating Capital: Money was needed for inventory, paying
staff salaries, marketing, and utilities.
Franchise Fee & Royalties: Potential franchisees must likely pay
a franchise fee and commit to ongoing royalties, which require
upfront and sustainable funding sources (loans, investors, savings).
