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Fill-in-the-blank practice flashcards covering labor types, levies, financial planning, production efficiency, stock control, hygiene, and product quality requirements from the lecture notes.
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Workers who have limited training in a specific line of work and cannot perform specialised work are known as __________ workers.
Semi-skilled
The compulsory employer contribution to the UIF is __________ of the worker's gross salary or wages.
1%
SETA stands for Sector Education and __________ Authority.
Training
PAYE stands for __________ system, where one twelfth of estimated annual tax due is deducted from a worker's salary.
Pay-as-you-earn
Costs required to start a business, such as registration fees and beginning inventory, are known as __________ costs.
start-up
All costs required to run a business, including rent, fuel, and telephone bills, are classified as __________ costs.
Operating
Most entrepreneurs initially operate their business from __________ before moving to business premises as the business grows.
home
To attract consumers through touch, businesses display products to encourage customers to experience different __________.
textures
Precise calculations of the cost of manufacturing a product are called __________ costs, which are used to determine retail price.
production
To ensure clients always get a good quality product in terms of appearance, texture, taste, and weight, a business must keep to product __________.
specifications
Quality control must be built into every phase of production: raw materials, the entire production process, the completed product, and the __________.
packaging
Maintaining hygienic conditions in a tidy workplace helps avoid cross __________ during food production.
contamination
A __________ indicates how much money a business expects to receive as income and how it plans to spend it as expenditure.
budget
Having too much stock can lead to __________ problems, lack of storage space, and damaged or old stock.
cash-flow
Costing keeps records of all costs regarding fixed costs, variable costs, and the __________ margin.
profit
Stock control is essential because stock refers not only to raw materials, but also to __________ and finished products.
unfinished
To produce food products that consistently meet quality standards, raw materials with the same __________ must be purchased.
trademark
Good packaging must protect the product from environmental factors such as dust, UV-rays, humidity, and __________.
contamination
Correct and effective methods of __________ prevent raw materials and finished products from damage or deterioration.
storage