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  73249   General Education and Training Certificate: Adult Basic Education and Training: Academic Curriculum  Level 1  NQF Level 01  Reregistered  2021-06-30  UMALUSI 
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. AGB Finance 
2. Al-fidaa Foundation 
3. Aldabri 106 (Pty) Ltd 
4. Alvern Cables (Pty) Ltd (GERMISTON) (TP) 
5. Aniathu Trading (Pty) Ltd 
6. Apparel Component Manufacturers Pty Ltd 
7. AQUILA TRAINING 
8. Aranda Learnership College (Pty) Ltd 
9. Aranda Textile Mills Pty Ltd 
10. Assured Vocational Skills Institute (Pty) Ltd 
11. Avad Projects (Pty) Ltd 
12. Babina Tlou Trading and Projects cc 
13. Beaches Clothing Cc 
14. Becoz Empire Multi-Choice and Trading Primary Co-operative Limited 
15. BMW SA (Pty) Ltd (ROSSLYN) (TP) 
16. Bonenhle Investments 
17. Bontham Training & Agricultural Consultants 
18. Bosasa Youth Development Centres (Pty) Ltd 
19. Bridgestone South Africa (Pty) Ltd - Brits Plant (BRITS) (TP) 
20. Bridgestone South Africa (Pty) Ltd - Isando Branch (ISANDO) (TP) 
21. Bridgestone South Africa (Pty) Ltd - PE Plant (PORT ELIZABETH) (TP) 
22. Brightness Fashion and Design Academy cc 
23. BS Training Services 
24. BT Group of Companies (Pty) Ltd 
25. Cape Town Workbased Learning Academy 
26. Capricorn FET College - Central Office 
27. Capricorn TVET College 
28. CAROLINE'S FASHION ENTERPRISE 
29. Changing Women 
30. Chep Sa Pty Ltd 
31. Chippa Training Academy (Pty) Ltd 
32. CMO Logistics Pty Ltd 
33. Coalition Trading 1238 cc 
34. Coastal Kzn F.E.T. College - Swinton Road Campus 
35. Coastal Kzn F.E.T. College - Umbumbulu Campus 
36. College of Production Technology 
37. Continental Tyres SA (Pty) Ltd (NEW BRIGHTON) (TP) 
38. Cradle Stars Trading Enterprise (Pty) Ltd 
39. CRG Group (Pty) Ltd 
40. Dieketseng Training Centre 
41. Dioka Business Consulting 
42. DITEBOGO CONSULTANCY CC 
43. Do It Again Academy (Pty) Ltd 
44. Eastcape Training Centre 
45. Ebotse Development and Training Centre 
46. Eddels Shoes Pty Ltd 
47. Egsibit Training and Development 
48. Ehlanzeni TVET College 
49. Eldonai School of Fashion (Pty) Ltd 
50. Elimofo Trading& Projects 
51. ENB Training Service(PTY)Ltd 
52. ES Training Services (Pty) Ltd 
53. Esethu Manufacturing, Packaging, Printing & Design (Pty) Ltd 
54. Eskilz College (Pty) Ltd 
55. ETS Emergency Training Solutions (Pty) Ltd 
56. Ezandleni-Ezethu Trading (Pty) Ltd 
57. False Bay Public FET College - Westlake Campus 
58. Fezile Fashion Skills Academy (Pty) Ltd 
59. First Car Care (Pty) Ltd T/A STi Autobody Repairers (GOODWOOD) (TP) 
60. Firstrand Bank - Benmore 
61. Georgia Clothing CC 
62. Glicam Trading Enterprise 
63. Goodyear SA (Pty) Ltd (UITENHAGE) (TP) 
64. Green Enviro & Projects (Pty)Ltd 
65. Gufferty Consulting 
66. HLUVUKA TRAINING AND CONSULTING 
67. Hoseah Training and Manufacturing NPC 
68. I Care Resource Centre 
69. Imbeleko Community Development Projects 
70. Impangela Trading 
71. Impela Trading cc 
72. Industries Education & Training Institute (MAITLAND) (TP) 
73. Injiya Trading and Projects 
74. INSTITUTE FOR QUALITY EDUCATION, TRAINING & DEVELOPMENT: FLORIDA 
75. INTERACTIVE TUTOR (PTY) LIMITED 
76. INTERMASIKO CC 
77. Inyapa Vhusiku Consulting Pty Ltd 
78. Ithemba Lomphakathi Community Organisation 
79. Izizwe Training Centre (Pty) Ltd T/A Simtech Training (NORTHDENE) (TP) 
80. Jeppe College of Commerce and Computer Studies 
81. JESUA CONSULTANTS (Hartenbos) (WA) 
82. Jesua Consultants (Pty) Ltd (MOSSEL BAY) (TP) 
83. JMC TECHNICAL TRAINING (Bloemfontein)(TP) 
84. Jumpstart Training Institute (Pty) Ltd 
85. Khosi JS Designs (Pty) Ltd 
86. Khwinana Holdings (Pty) Ltd 
87. Kudis Designs and Supply 
88. Kwamahlati Training Services cc 
89. KWEM Management Solutions 
90. Legal Environment Safety & Health Requirements cc 
91. Letaba TVET College 
92. LFS DESIGNS 
93. Lilunzo Creations 
94. Liston Agri Solution & Training Consultancy 
95. LLSM (Pty) Ltd 
96. Lomkhethi Trading Enterprise 
97. Longata Consultant 
98. Lucky Neo (Pty) Ltd 
99. Lukhele Training and Development Solutions (Pty) Ltd 
100. Lusama Developmental Agency Projects 
101. Maab Training Management ( Pty) Ltd 
102. Majuba TVET College 
103. Makhendama Legacy (Pty) Ltd 
104. Malkai Devrani Holding (PTY) Ltd 
105. Mantombana Projects (Pty) Ltd 
106. MARGER TRAINING AND PROTERTIES (PTY) LTD 
107. MARKET DEMAND TRADING 597 PTY LTD 
108. Masiqhame Trading 81 cc T/A Kim's Welding School (AUSTERVILLE) (TP) 
109. Masonite Africa Ltd 
110. Master Patterns by Rona 
111. Matatiele Fashion Design Academy (Pty) Ltd 
112. MATHOSIM TRIMMING AND UPHOLSTERY 
113. Mearnsii Trading cc 
114. Melenial Media (Pty) Ltd 
115. MFISA 
116. MICROMATICA 384 (PTY) LTD 
117. MMBG Trading & Consulting 
118. Morongwa Consulting Services (Pty) Ltd 
119. MORTERBOARD TRAINING SOLUTIONS (PTY) LTD 
120. Motheo FET College - Central Office 
121. MT & HR Training Consultants (Pty) Ltd (DURBAN) (TP) 
122. Nchuncheko Holdings (Pty) Ltd 
123. NDIMASE TRADING 
124. Nedbank Ltd 
125. NELLY-SGUEEJE TRADING 
126. New Business Initiative Management Consultancy 
127. Ngaphakathi Investments 
128. Nguni Shades SA School of Fashion 
129. Nikwe Trading (Pty) Ltd 
130. Nissan SA (Pty) Ltd (ROSSLYN) (TP) 
131. Nkulungwane General Trader cc 
132. Northlink College - Wingfield Campus 
133. NSJ Agricultural Farming And Multipurpose 
134. OTP 
135. Oyama Kulwazi Training & Consulting (Pty) Ltd 
136. P&R Development and Training (Pty) Ltd 
137. Phala Projects cc 
138. Pinus Tech Technologies Trading and Projects 
139. PIONEER VOEDSEL (PTY) LTD 
140. Platorand Training Centre 
141. Port Elizabeth Draughting Academy & Trading cc T/A PE Draughting Acade 
142. Positive Thinking Consultants CC 
143. Production Management Institute 
144. Production Management Institute of Southern Africa (PMI) 
145. Production Management Institute of Southern Africa (PMI) - Johannesburg 
146. Production Management Institute of Southern Africa - Durban 
147. PRODUCTION MANAGEMENT INSTITUTE SA PTY LTD (PORT ELIZABETH) 
148. Professional Development and Training Institute (Pty) Ltd 
149. Qualfurn Training & Projects 
150. Rally Business Consulting PTY LTD 
151. Re Tshepeng Holdings 
152. REFSET BUSINESS ENTERPRISES 
153. Rekopane Training Centre CC 
154. Royal Express 
155. RUBICON COMMUNICATIONS 
156. Russel Meaker cc 
157. Sabela Learning Academy 
158. Safe Heavens Properties (Pty) Ltd 
159. Sarva Dharma Ashram 
160. Scaw Metals Group (Pty) Ltd T/A Scaw Metals (DINWIDDIE) (TP) 
161. Sefudi Business Solutions 
162. Sekhukhune FET College - Central Office 
163. Sesamkelokuhle Trading Enterprise (Pty) Ltd 
164. Sew Africa Training Centre 
165. SEWAFRICA Marketing (Pty) Ltd 
166. SHEET PLASTIC MARKETING CC 
167. Sheet Plastic Pty Ltd 
168. Siyahumelela Training Academy 
169. South Africa Advanced Skills Institute (Pty) Ltd 
170. South African Advanced Skills Institute 
171. South African Forestry Training College 
172. Spear of African Woman in Agriculture & Rural Development 
173. SSS Sheet Metal Work cc T/A Sheetech SA (DURBAN) (TP) 
174. Striving Mind Trading & Projects 
175. Sunrise Skills Training 
176. SW Skills Wise (Pty) Ltd 
177. Swift Skills Academy (SASOLBURG) (TP) 
178. T Mdlatu Trading Enterprise cc 
179. Talent for Sewing 
180. Tekmation (Pty) Ltd T/A Tekmation Training Institute (DURBAN) (TP) 
181. ThabileTrade 1054 cc 
182. THANDEKA VOCATIONAL EDUCATION TRUST (PTY) LTD 
183. The Brokers Learning Centre (Pty) Ltd 
184. The Institute of Fashion and Garment Technology (Pty) Ltd 
185. The Tailor Shop School of Tailoring and Dress Design Training Centre (Pty) Ltd 
186. Thitha Training and Development Services 
187. Tidlobi Developmental Activities NPC 
188. Tirhani SkillsTraining Pty Ltd 
189. Tiriso Investments 
190. Tiro Training & Skill Centre (Pty) Ltd 
191. Tlhole Foundation (PTY) LTD 
192. TOBAKA LOGISTICS 
193. Train Learn and Develop Ltd 
194. Training Force (Pty) Ltd 
195. Training Force (Pty) Ltd (Durban) (TP) 
196. Transvaal Training 
197. Triple E Training Holdings (Pty) Ltd (KRUGERDORP) (TP) 
198. True Ruby Trading 1021 cc 
199. Tshwane North College 
200. Tsiku Consulting (Pty) Ltd 
201. Ubucubu Home Industries 
202. Ubuhle Bengcebo 
203. Udumo Training & Develoment (Pty) Ltd 
204. Umbuso Training Services 
205. Umfolozi TVET College (Richards Bay) 
206. Uphiwekonke Holdings (Pty) Ltd 
207. Valoworx 278 
208. Value at Hand (Pty) Ltd 
209. VEB CELE & Associates (Pty) Ltd 
210. Velenkosini Multiskills and Catering 
211. Vhembe TVET College 
212. Vicmat Consultants 
213. VPK BUSINESS VENTURE C C 
214. Wal Training (Pty) Ltd 
215. Western Cape Clothing and Textiles Service Centre 
216. Westrand Graduate Institute Training and Engineering (Pty) Ltd 
217. Wide Horizon Advanced Training (PORT ELIZABETH) (TP) 
218. Wilbat Projects 148 (Pty) Ltd (ISIPINGO) (TP) 
219. WISPECO ALUMINIUM (Alrode)(Project Site NVC)(TP) 
220. World Pace Development & Training Institute (Pty) Ltd 
221. York Timbers Pty Ltd 
222. ZA GEAR 
223. Zamashange Trading Enterprises 
224. 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.