OTE

University of South Africa (Unisa)

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OTE 2601 assignment 1 ( 2025 19 may)
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12

May 2025

2024/2025
1.1 What to produce (4 marks) Advice to a beginner consumer or producer includes: Identify consumer needs and wants: Focus on producing goods or services that meet a specific demand in the market . Research market trends: Observe what products or services are popular and sustainable in the long run. Consider available resources: Choose to produce what you can afford and manage based on your skills, capital, and materials. Assess profitability: Choose to produce goods or services that can generat...
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