SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Demonstrate an understanding of the principles of supply and demand, and the concept: production 
SAQA US ID UNIT STANDARD TITLE
13998  Demonstrate an understanding of the principles of supply and demand, and the concept: production 
ORIGINATOR
Interim SGB for Business, Commerce, Mgmnt Studies 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
ABET Level 4  Regular  Level 1  NQF Level 01 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
A candidate credited with this general competence will be able to: demonstrate an understanding of production, and its impact on the South African economy. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
ABET Level 3. 

Specific Outcomes and Assessment Criteria: 

SPECIFIC OUTCOME 1 
Demonstrate an understanding of the principles of supply and demand. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The concept of supply and demand of goods and services is identified and discussed. 

ASSESSMENT CRITERION 2 
2. Factors impacting on supply and demand are outlined. 
ASSESSMENT CRITERION RANGE 
Seasons ; Consumer behaviour, cost of production, etc.
 

ASSESSMENT CRITERION 3 
3. The link between price and supply and demand is explained. 
ASSESSMENT CRITERION RANGE 
Seasons ; Consumer behaviour, cost of production, etc.
 

ASSESSMENT CRITERION 4 
4. An understanding of price determination is demonstrated. 
ASSESSMENT CRITERION RANGE 
Production cost, overheads, marketing expenses, etc.
 

SPECIFIC OUTCOME 2 
Demonstrate an understanding of the factors of production. 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The concept production is explained. 

ASSESSMENT CRITERION 2 
2. Factors of production are discussed. 
ASSESSMENT CRITERION RANGE 
Land, Labour, Capital, Entrepreneurship
 

ASSESSMENT CRITERION 3 
3. An understanding of the factors of production is demonstrated practically. 
ASSESSMENT CRITERION RANGE 
Case study, etc.
 

ASSESSMENT CRITERION 4 
4. The importance of production is discussed. 
ASSESSMENT CRITERION RANGE 
Satisfy needs, create wealth, to be self sufficient
 

ASSESSMENT CRITERION 5 
5. The role of technology in production is debated. 
ASSESSMENT CRITERION RANGE 
Positive: mass production, cost effective etc. Negative: leads to unemployment, health hazards etc.
 

SPECIFIC OUTCOME 3 
Demonstrate an understanding of the impact of the factors of production on the South African Economy 

ASSESSMENT CRITERIA
 

ASSESSMENT CRITERION 1 
1. The impact of labour on the South African Economy is discussed. 
ASSESSMENT CRITERION RANGE 
Ratio of skilled to unskilled labour, rising unemployment, migrant labour, labour demands, living wages, etc.
 

ASSESSMENT CRITERION 2 
2. The factors underlying the scarcity of land are explored. 
ASSESSMENT CRITERION RANGE 
Imbalances in land ownership, geographical factors, etc.
 

ASSESSMENT CRITERION 3 
3. The flow of capital in the South African Economy is investigated. 
ASSESSMENT CRITERION RANGE 
Investment flow, exchange rates, role of Reserve Bank, etc.
 

ASSESSMENT CRITERION 4 
4. The impact of entrepreneurial skills on the South African Economy is debated. 
ASSESSMENT CRITERION RANGE 
Positive: Improvement of SA Economy, creation of wealth ; etc. Negative: Unemployment, Lack of skills, etc.
 


UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
Exchange rates
Price determination
Remuneration for each factor of production. 

UNIT STANDARD DEVELOPMENTAL OUTCOME 
1. Reflecting on and exploring a variety of strategies to learn more effectively;
2. Participating as responsible citizens in the life of local, national and global communities;
3. Being culturally and aesthetically sensitive across a range of social contexts;
4. Exploring education and career opportunities; and
5. Developing entrepreneurial opportunities. 


Critical Cross-field Outcomes (CCFO): 

UNIT STANDARD CCFO IDENTIFYING 
Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made. 

UNIT STANDARD CCFO WORKING 
Work effectively with others as a member of a team, group, organisation and community. 

UNIT STANDARD CCFO ORGANISING 
Organise and manage oneself and one`s activities responsibly and effectively. 

UNIT STANDARD CCFO COLLECTING 
Collect, analyse, organise and critically evaluate information. 

UNIT STANDARD CCFO COMMUNICATING 
Communicate effectively using visual, mathematical and/or language skills in the modes of oral and/or written presentation. 

UNIT STANDARD CCFO SCIENCE 
Use science and technology effectively and critically, showing responsibility towards the environments and health of others. 

UNIT STANDARD CCFO DEMONSTRATING 
Demonstrate an understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation. 

REREGISTRATION HISTORY 
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
  ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
Core  24153   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2008-09-13  Was ETDP SETA until Last Date for Achievement 
Core  50584   General Education and Training Certificate: Clothing Manufacturing Processes  Level 1  NQF Level 01  Reregistered  2023-06-30  FPMSETA 
Core  50225   General Education and Training Certificate: General Forestry  Level 1  NQF Level 01  Reregistered  2023-06-30  FPMSETA 
Core  65969   General Education and Training Certificate: Human Settlements Development  Level 1  NQF Level 01  Reregistered  2023-06-30  CETA 
Core  49082   GETC: Wood Products Processing  Level 1  NQF Level 01  Reregistered  2023-06-30  FPMSETA 
Core  23253   National Certificate (GETC): Manufacturing, Engineering and Related Activities  Level 1  NQF Level 01  Reregistered  2023-06-30  MERSETA 
Core  20287   National Certificate: Farming  Level 1  NQF Level 01  Reregistered  2023-06-30  AgriSETA 
Core  24198   National Certificate: Construction Material Manufacturing  Level 2  NQF Level 02  Reregistered  2023-06-30  CETA 
Core  20893   National Certificate: Human Resources Management and Practices Support  Level 4  NQF Level 04  Passed the End Date -
Status was "Registered" 
2005-02-13  Was SABPP until Last Date for Achievement 
Core  21728   National Certificate: Labour Recruitment Consultancy  Level 4  NQF Level 04  Passed the End Date -
Status was "Registered" 
2004-06-12  SERVICES 
Elective  48642   General Education and Training Certificate Housing: Housing Consumer Education  Level 1  NQF Level 01  Passed the End Date -
Status was "Reregistered" 
2009-05-13  Was CETA until Last Date for Achievement 
Elective  71751   General Education and Training Certificate: Adult Basic Education and Training  Level 1  NQF Level 01  Reregistered  2021-06-30  As per Learning Programmes recorded against this Qual 
Elective  20183   National Certificate: Banking  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2015-06-30  BANKSETA 
Elective  20654   National Certificate: Craft Bread and Flour Confectionery Baking  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2006-04-20  Was FOODBEV until Last Date for Achievement 
Elective  20288   National Certificate: Farming  Level 2  NQF Level 02  Reregistered  2023-06-30  AgriSETA 
Elective  20657   National Certificate: Food and Beverage Processing: Plant Baking Processing  Level 2  NQF Level 02  Passed the End Date -
Status was "Reregistered" 
2009-02-18  Was FOODBEV until Last Date for Achievement 
Elective  64029   National Certificate: Food Processing: Plant Baking  Level 2  NQF Level 02  Reregistered  2023-06-30  FOODBEV 
Elective  20214   National Certificate: Food and Beverage Processing: Dairy Primary Processing  Level 3  NQF Level 03  Passed the End Date -
Status was "Registered" 
2004-12-05  Was FOODBEV until Last Date for Achievement 


PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
 
1. 1st Black Rand Group (Pty) Ltd 
2. African Dream Campus 
3. Alvern Cables (Pty) Ltd (GERMISTON) (TP) 
4. Aniathu Trading (Pty) Ltd 
5. AQUILA TRAINING 
6. Aranda Learnership College (Pty) Ltd 
7. Aranda Textile Mills Pty Ltd 
8. Assured Vocational Skills Institute (Pty) Ltd 
9. Babina Tlou Trading and Projects cc 
10. Balemi Consulting Pty Ltd 
11. Better beginning trading and projects pty ltd 
12. BMW SA (Pty) Ltd (ROSSLYN) (TP) 
13. Bontham Training & Agricultural Consultants 
14. Bosasa Youth Development Centres (Pty) Ltd 
15. Breakeven 59(PTY) Ltd 
16. Bridgestone South Africa (Pty) Ltd - Brits Plant (BRITS) (TP) 
17. Bridgestone South Africa (Pty) Ltd - Isando Branch (ISANDO) (TP) 
18. Bridgestone South Africa (Pty) Ltd - PE Plant (PORT ELIZABETH) (TP) 
19. BS Training Services 
20. BT Group of Companies (Pty) Ltd 
21. Capricorn FET College - Central Office 
22. Capricorn TVET College 
23. Career Pathing Solutions (Pty) Ltd (KRUGERSDORP) (TP) 
24. CAROLINE'S FASHION ENTERPRISE 
25. Chep Sa Pty Ltd 
26. CMO Logistics Pty Ltd 
27. Coalition Trading 1238 cc 
28. Coastal Kzn F.E.T. College - Swinton Road Campus 
29. Coastal Kzn F.E.T. College - Umbumbulu Campus 
30. College of Production Technology 
31. Continental Tyres SA (Pty) Ltd (NEW BRIGHTON) (TP) 
32. Cradle Stars Trading Enterprise (Pty) Ltd 
33. Cre8tion Projects 6 PTY LTD 
34. CREATIVE FOUNDATION TRAINING 
35. DITEBOGO CONSULTANCY CC 
36. Donnybrook Education & Training College (Pty) Ltd 
37. Eastcape Training Centre 
38. Ebotse Development and Training Centre 
39. Eddels Shoes Pty Ltd 
40. Ehlanzeni TVET College 
41. Elimofo Trading& Projects 
42. ENB Training Service(PTY)Ltd 
43. False Bay Public FET College - Westlake Campus 
44. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
45. First Car Care (Pty) Ltd T/A STi Autobody Repairers (GOODWOOD) (TP) 
46. Glicam Trading Enterprise 
47. Goodyear SA (Pty) Ltd (UITENHAGE) (TP) 
48. Gufferty Consulting 
49. HLUVUKA TRAINING AND CONSULTING 
50. Hoseah Training and Manufacturing NPC 
51. Hot To Go Training College and Services 
52. I Care Resource Centre 
53. Ideal Method Trading & Projects 
54. Impela Trading cc 
55. Industries Education & Training Institute (MAITLAND) (TP) 
56. INSTITUTE FOR QUALITY EDUCATION, TRAINING & DEVELOPMENT: FLORIDA 
57. INTERACTIVE TUTOR (PTY) LIMITED 
58. Inyapa Vhusiku Consulting Pty Ltd 
59. Izizwe Training Centre (Pty) Ltd T/A Simtech Training (NORTHDENE) (TP) 
60. Jeppe College of Commerce and Computer Studies 
61. JESUA CONSULTANTS (Hartenbos) (WA) 
62. Jesua Consultants (Pty) Ltd (MOSSEL BAY) (TP) 
63. JMC TECHNICAL TRAINING (Bloemfontein)(TP) 
64. Khwinana Holdings (Pty) Ltd 
65. KINGSBURY INTERNATIONAL COLLEGE SA (PTY) LTD (Middelburg)(TP) 
66. KINGSBURY INTERNATIONAL COLLEGE SA PTY LTD 
67. Kudis Designs and Supply 
68. Kwamahlati Training Services cc 
69. KWEM Management Solutions 
70. Legal Environment Safety & Health Requirements cc 
71. Leronsa Trading Enterprise 
72. Letaba TVET College 
73. Liston Agri Solution & Training Consultancy 
74. Lomkhethi Trading Enterprise 
75. Longata Consultant 
76. Lukhele Training and Development Solutions (Pty) Ltd 
77. Maab Training Management ( Pty) Ltd 
78. Malkai Devrani Holding (PTY) Ltd 
79. Mananthatshema Skills Dev. Centre 
80. Mandys Sewing School (PTY) Ltd 
81. MARGER TRAINING AND PROTERTIES (PTY) LTD 
82. MARKET DEMAND TRADING 597 PTY LTD 
83. Masiqhame Trading 81 cc T/A Kim's Welding School (AUSTERVILLE) (TP) 
84. Master Patterns by Rona 
85. Mbimbini Training and Community Development 
86. Mercedes Benz South Africa (Pty) Ltd (EAST LONDON) (TP) 
87. MFISA 
88. Morongwa Consulting Services (Pty) Ltd 
89. Motheo FET College - Central Office 
90. MPACT 
91. MT & HR Training Consultants (Pty) Ltd (DURBAN) (TP) 
92. NDIMASE TRADING 
93. Nedbank Ltd 
94. NELLY-SGUEEJE TRADING 
95. New Business Initiative Management Consultancy 
96. Ngaphakathi Investments 
97. Nikwe Trading (Pty) Ltd 
98. Nissan SA (Pty) Ltd (ROSSLYN) (TP) 
99. Nkulungwane General Trader cc 
100. NORTHLINK COLLEGE 
101. Northlink College - Wingfield Campus 
102. Philani Training and Development Solutions NPC 
103. Platorand Training Centre 
104. Port Elizabeth Draughting Academy & Trading cc T/A PE Draughting Acade 
105. Positive Thinking Consultants CC 
106. Production Management Institute 
107. Production Management Institute of Southern Africa (PMI) 
108. Production Management Institute of Southern Africa (PMI) - Johannesburg 
109. Production Management Institute of Southern Africa - Durban 
110. PRODUCTION MANAGEMENT INSTITUTE SA PTY LTD (PORT ELIZABETH) 
111. Professional Development and Training Institute (Pty) Ltd 
112. Rally Business Consulting PTY LTD 
113. Rekopane Training Centre CC 
114. Roll On Labels Pty Ltd 
115. RUBICON COMMUNICATIONS 
116. Russel Meaker cc 
117. Sabela Learning Academy 
118. Sarva Dharma Ashram 
119. Scaw Metals Group (Pty) Ltd T/A Scaw Metals (DINWIDDIE) (TP) 
120. Sefudi Business Solutions 
121. Sekhukhune FET College - Central Office 
122. SEOPOSENGOE TRAINING CONSULTANCY CC 
123. Setlakala Business Development 
124. Sew Africa Training Centre 
125. SHEET PLASTIC MARKETING CC 
126. Sheet Plastic Pty Ltd 
127. Siyasanga Training Centre 
128. Skills for All (POTCHEFSTROOM) (TP) 
129. Skills Fusion 
130. South Africa Advanced Skills Institute (Pty) Ltd 
131. South African Advanced Skills Institute 
132. South African Forestry Training College 
133. SSS Sheet Metal Work cc T/A Sheetech SA (DURBAN) (TP) 
134. Striving Mind Trading & Projects 
135. STUDIO 05 HOUSE OF FASHION 
136. Sunrise Skills Training 
137. SW Skills Wise (Pty) Ltd 
138. Swift Skills Academy (SASOLBURG) (TP) 
139. Talent Sculpure Academy (Pty) Ltd 
140. Taletso FET College - Central Office 
141. Tekmation (Pty) Ltd T/A Tekmation Training Institute (DURBAN) (TP) 
142. Tembe Service Providers 
143. THANDEKA VOCATIONAL EDUCATIONAL TRUST (PTY) LTD 
144. The Brokers Learning Centre (Pty) Ltd 
145. The Tailor Shop School of Tailoring and Dress Design Training Centre (Pty) Ltd 
146. Tiriso Investments 
147. TOBAKA LOGISTICS 
148. Trade Call Investments Apparel (Pty) LTD 
149. Training Force (Pty) Ltd 
150. Training Force (Pty) Ltd (Durban) (TP) 
151. Triple E Training Holdings (Pty) Ltd (KRUGERDORP) (TP) 
152. True Ruby Trading 1021 cc 
153. Tshwane North College 
154. Tshwane South Public FET College - Odi Campus 
155. Tsiku Consulting (Pty) Ltd 
156. Tsoho Training & Development T/A Tsoho Training (BRITS) (TP) 
157. Ubucubu Home Industries 
158. Umbuso Training Services 
159. Umgungundlovu FET College - Central Office 
160. Uphiwekonke Holdings (Pty) Ltd 
161. VEB CELE & Associates (Pty) Ltd 
162. Vicmat Consultants 
163. Vijay Bhagwan Consultancy and Solutions cc 
164. VPK BUSINESS VENTURE C C 
165. Western Cape Clothing and Textiles Service Centre 
166. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
167. Wilbat Projects 148 (Pty) Ltd (ISIPINGO) (TP) 
168. WISPECO ALUMINIUM (Alrode)(Project Site NVC)(TP) 
169. XPERTS BODY ARMOUR PTY LTD 
170. Yangantle Trading 
171. York Timbers Pty Ltd 
172. ZUCRO PROJECT CC 



All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.