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. African Dream Campus 
2. Alvern Cables (Pty) Ltd (GERMISTON) (TP) 
3. AQUILA TRAINING 
4. Aranda Learnership College (Pty) Ltd 
5. Aranda Textile Mills Pty Ltd 
6. Babina Tlou Trading and Projects cc 
7. Balemi Consulting Pty Ltd 
8. Black Eagle Training (PIETERMARITZBURG) (TP) 
9. BMW SA (Pty) Ltd (ROSSLYN) (TP) 
10. Bontham Training & Agricultural Consultants 
11. Bosasa Youth Development Centres (Pty) Ltd 
12. Breakeven 59(PTY) Ltd 
13. Bridgestone South Africa (Pty) Ltd - Brits Plant (BRITS) (TP) 
14. Bridgestone South Africa (Pty) Ltd - Isando Branch (ISANDO) (TP) 
15. Bridgestone South Africa (Pty) Ltd - PE Plant (PORT ELIZABETH) (TP) 
16. Career Pathing Solutions (Pty) Ltd (KRUGERSDORP) (TP) 
17. CAROLINE'S FASHION ENTERPRISE 
18. Chep Sa Pty Ltd 
19. CMO Logistics Pty Ltd 
20. Coalition Trading 1238 cc 
21. Coastal Kzn F.E.T. College - Swinton Road Campus 
22. Coastal Kzn F.E.T. College - Umbumbulu Campus 
23. College of Production Technology 
24. Continental Tyres SA (Pty) Ltd (NEW BRIGHTON) (TP) 
25. Cre8tion Projects 6 PTY LTD 
26. CREATIVE FOUNDATION TRAINING 
27. Donnybrook Education & Training College (Pty) Ltd 
28. Eastcape Training Centre 
29. Ebotse Development and Training Centre 
30. Eddels Shoes Pty Ltd 
31. Ehlanzeni TVET College 
32. Elimofo Trading& Projects 
33. ENB Training Service 
34. False Bay Public FET College - Westlake Campus 
35. FALSE BAY TECHNICAL VOCATIONAL EDUCATION & TRAINING COLLEGE 
36. First Car Care (Pty) Ltd T/A STi Autobody Repairers (GOODWOOD) (TP) 
37. Glicam Trading Enterprise 
38. Goodyear SA (Pty) Ltd (UITENHAGE) (TP) 
39. HLUVUKA TRAINING AND CONSULTING 
40. Hot To Go Training College and Services 
41. I Care Resource Centre 
42. Ideal Method Trading & Projects 
43. Impela Trading cc 
44. Industries Education & Training Institute (MAITLAND) (TP) 
45. INSTITUTE FOR QUALITY EDUCATION, TRAINING & DEVELOPMENT: FLORIDA 
46. INTERACTIVE TUTOR (PTY) LIMITED 
47. Izizwe Training Centre (Pty) Ltd T/A Simtech Training (NORTHDENE) (TP) 
48. Jeppe College of Commerce and Computer Studies 
49. JESUA CONSULTANTS (Hartenbos) (WA) 
50. Jesua Consultants (Pty) Ltd (MOSSEL BAY) (TP) 
51. JMC TECHNICAL TRAINING (Bloemfontein)(TP) 
52. KINGSBURY INTERNATIONAL COLLEGE SA (PTY) LTD (Middelburg)(TP) 
53. KINGSBURY INTERNATIONAL COLLEGE SA PTY LTD 
54. KITSO TRAINING AND DEVELOPMENT SERVICES 
55. Kwamahlati Training Services cc 
56. KWEM Management Solutions 
57. Legal Environment Safety & Health Requirements cc 
58. Leronsa Trading Enterprise 
59. Letaba TVET College 
60. Lomkhethi Trading Enterprise 
61. Longata Consultant 
62. Maab Training Management ( Pty) Ltd 
63. Mananthatshema Skills Dev. Centre 
64. MARGER TRAINING AND PROTERTIES (PTY) LTD 
65. Masiqhame Trading 81 cc T/A Kim's Welding School (AUSTERVILLE) (TP) 
66. Mbimbini Training and Community Development 
67. Mercedes Benz South Africa (Pty) Ltd (CENTURION) (TP) 
68. Mercedes Benz South Africa (Pty) Ltd (EAST LONDON) (TP) 
69. MFISA 
70. Morongwa Consulting Services (Pty) Ltd 
71. Motheo FET College - Central Office 
72. MPACT 
73. MT & HR Training Consultants (Pty) Ltd (DURBAN) (TP) 
74. NDIMASE TRADING 
75. Nedbank Ltd 
76. New Business Initiative Management Consultancy 
77. Ngaphakathi Investments 
78. Nikwe Trading (Pty) Ltd 
79. Nissan SA (Pty) Ltd (ROSSLYN) (TP) 
80. Nkulungwane General Trader cc 
81. NORTHLINK COLLEGE 
82. Northlink College - Wingfield Campus 
83. Philani Training and Development Solutions NPC 
84. Platorand Training Centre 
85. Polyoak Business School (Pty) Ltd (DIEP RIVER) (TP) 
86. Port Elizabeth Draughting Academy & Trading cc T/A PE Draughting Acade 
87. Positive Thinking Consultants CC 
88. Production Management Institute 
89. Production Management Institute of Southern Africa (PMI) 
90. Production Management Institute of Southern Africa (PMI) - Johannesburg 
91. Production Management Institute of Southern Africa - Durban 
92. PRODUCTION MANAGEMENT INSTITUTE SA PTY LTD (PORT ELIZABETH) 
93. Professional Development and Training Institute (Pty) Ltd 
94. Rally Business Consulting PTY LTD 
95. Rekopane Training Centre CC 
96. Roll On Labels Pty Ltd 
97. RUBICON COMMUNICATIONS 
98. Russel Meaker cc 
99. Sabela Learning Academy 
100. Scaw Metals Group (Pty) Ltd T/A Scaw Metals (DINWIDDIE) (TP) 
101. Sekhukhune FET College - Central Office 
102. SEOPOSENGOE TRAINING CONSULTANCY CC 
103. Setlakala Business Development 
104. Sew Africa Training Centre 
105. Sewing Industry Technical Training Cc 
106. SHEET PLASTIC MARKETING CC 
107. Sheet Plastic Pty Ltd 
108. SIMAMA Training and Business Services 
109. Siyasanga Training Centre 
110. Skills for All (POTCHEFSTROOM) (TP) 
111. Skills Fusion 
112. South Africa Advanced Skills Institute (Pty) Ltd 
113. South African Advanced Skills Institute 
114. South African Forestry Training College 
115. SSS Sheet Metal Work cc T/A Sheetech SA (DURBAN) (TP) 
116. Striving Mind Trading & Projects 
117. STUDIO 05 HOUSE OF FASHION 
118. Sunrise Skills Training 
119. Swift Skills Academy (Pty) Ltd (Killarney Gardens) TP 
120. Swift Skills Academy (SASOLBURG) (TP) 
121. Talent Sculpure Academy (Pty) Ltd 
122. Taletso FET College - Central Office 
123. Tekmation (Pty) Ltd T/A Tekmation Training Institute (DURBAN) (TP) 
124. Tembe Service Providers 
125. THANDEKA VOCATIONAL EDUCATIONAL TRUST (PTY) LTD 
126. Tiriso Investments 
127. TOBAKA LOGISTICS 
128. Training Force (Pty) Ltd 
129. Training Force (Pty) Ltd (Durban) (TP) 
130. Triple E Training Holdings (Pty) Ltd (KRUGERDORP) (TP) 
131. True Ruby Trading 1021 cc 
132. Tshwane North College 
133. Tshwane South Public FET College - Odi Campus 
134. Tsoho Training & Development T/A Tsoho Training (BRITS) (TP) 
135. Ubucubu Home Industries 
136. Umbuso Training Services 
137. Umgungundlovu FET College - Central Office 
138. VEB CELE & Associates (Pty) Ltd 
139. Vicmat Consultants 
140. Vijay Bhagwan Consultancy and Solutions cc 
141. Western Cape Clothing and Textiles Service Centre 
142. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
143. Wilbat Projects 148 (Pty) Ltd (ISIPINGO) (TP) 
144. WISPECO ALUMINIUM (Alrode)(Project Site NVC)(TP) 
145. Y3K Training cc (CAPE TOWN) (TP) 
146. Yangantle Trading 
147. York Timbers Pty Ltd 
148. 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.