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OTE2601 assignment

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  • June 19, 2023
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  • 2022/2023
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NAME:ZIKONA
SURNAME:KAMELI
STUDENT NUMBER: 66383889
MODULE CODE:OTE2601
UNIQUE NUMBER:734211
QUESTION 1

1.1. -AN UNSKILLED OCCUPATION REQUIRES NO TRAINING. UNSKILLED LABOURERS
INCLUDE CLEARNERS, LABOURERS, BUS CONDUCTORS AND HOSPITAL PORTERS.
TRAINING IS DONE ON THE JOB WHEN IT IS REQUIRED IN ORDE TO MAINTAIN
STANDARDS AND TO STAY ABREAST OF CHANGES.

-A SEMI-SKILLED OCCUPATION REQUIRES STANDARD A CERTAIN AMOUNT OF BASIC
TRAINING. SEMI-SKILLED LABOURERS INCLUDE FACTORY MACHINE OPERATORS, TYPISTS OR
WAITERS. AT THIS LEVEL, REFRESHER COURSES ARE GIVEN SO THAT EMPLOYEES CAN
IMPROVE THEIR SKILLS WHEN NECESSARY.

-A SKILLED OCCUPATION IS ONE FOR WHICH SEVERAL YEARS OF TRAINING IS NECESSARY.
JEWELLERS, ELETRICIANS, CARPENTERS, SECRETARIES AND BUILDING SUPERVISORS ARE
EXAMPLES OF SKILLED LABOURERS. DURING TRAINING, PEOPLE BECOME AWARE OF THE
COMMITMENT EXPECTED IF THEY ARE TO MAINTAIN THE EXPECTED STANDARD OF SERVICE.

-A PROFESSIONAL AND MANAGERIAL OCCUPATION NORMALLY REQUIRES HIGH
QUALIFICATIONS (EI- THER FROM A TECHNICON, UNIVERSITY OR TECHNICAL COLLEGE) AND
SPECIALISATION IN A CERTAIN DIRECTION, FOR EXAMPLE, LAWYERS, SOCIAL WORKERS,
TEACHERS, DOCTORS, ENGINEERS, OPTICIANS AND CHEMISTS.

SOUTH AFRICA CURRENTLY HAS LACK OF SKILLS LABOUR. AT THE SAME TIME, THERE ARE
HUGE NUMBERS OF PEOPLE IN THE COUNTRY WHO DO NOT HAVE THE NECESSARY SKILLS
TONMAKE A PRODUCTIVE CONTRIBUTION TO SOCIETY.



QUESTION 2

2.1. CONCEPTS (NAMES) ASSOCIATED WITH MONEY

-MONEY IN CHURCH IT IS OFFERING OR TITHE

-MONEY IN COURT IT IS A FINE OR MAINTENANCE

, -MONEY IN SCHOOLM OR UNIVERSITY IT IS TERMED AS FEES

- MONEY IN MARRIAGE IT IS A DOWRY OR LOBOLA

-MONEY RECEIVED BY THE EMPLOYEES AT THE END OF THE MONTH IT IS A SALARY

-MONEY RECEIVED BY RETIREES IS PENSION

-MONEY PAID TO GOVERNMENT IS TAX

-MONEY RECEIVED BY CHILDREN ON MONTHLY BASIS IS VIEWED AS GRANT

-IN A HOTEL IT IS A BILL TO BE SETTLED

-THANKING A WAITER IN A RESTURANT IT IS A TIP

-MONEY GIVEN TO CHILDREN GOING TO SCHOOL IS POCKET MONEY

-MONEY RECEIVED BY UNEMPLOYED PEOPLE IS UNEMPLOYEMENT INSURANCE FUND

-AMOUNT PAID OUT IS EXPENSE

-MONEY REVEIVED BY POSTGRADUTE STUDENTS AT THE END OF THE MONTH IS STIPEND

-AMOUNT PAID IN IS INCOME



2.2. –LITTLE EXPERIENCE NEEDED AS THE EXPERIENCE OF THE PERSON GIVING THE RIGHT
TO DO BUSINESS WILL COMPENSATE FOR THE LACK OF EXPERIENCE.

-GREATER CHANCE OF SUCCESS IN COMPARISON WITH AN ODINARY BUSINESS.

-SMALL RIST WITH MARKET TESTING AS THE PRODUCT IS FAMILIAR.

-CONSUMER ACCEPTANCE IS HIGH BECAUSE THE PRODUCT AND TRADEMARK ARE ALREADY
FAMILIAR.

-MANAGEMENT TRAINING AND SUPPORT FROM THE PERSON GIVING THE RIGHT TO DO
BUSINESS.

-INITIAL ASSISTANCE AND FINANCIAL SUPPORT FROM THE PERSON GIVING THE RIGHT TO
DO BUSINESS.

-TRAINING IN ADMINSTRATIVE AND TECHNICAL ASPECTS.

-PROMOTION AND ADVERTISING PROGRAMMES ESTABLISHED BEFOREHAND.

-QUANTITY DISCOUNT AS A RESULT OF PLACING LARGE ORDERS.

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