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 THAT HAS PASSED THE END DATE: |
Explain the factors that impact on the bottom line of a Wholesale and Retail unit |
SAQA US ID | UNIT STANDARD TITLE | |||
258155 | Explain the factors that impact on the bottom line of a Wholesale and Retail unit | |||
ORIGINATOR | ||||
SGB Retail and Wholesale | ||||
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | ||||
- | ||||
FIELD | SUBFIELD | |||
Field 11 - Services | Wholesale and Retail | |||
ABET BAND | UNIT STANDARD TYPE | PRE-2009 NQF LEVEL | NQF LEVEL | CREDITS |
Undefined | Regular | Level 3 | NQF Level 03 | 10 |
REGISTRATION STATUS | REGISTRATION START DATE | REGISTRATION END DATE | SAQA DECISION NUMBER | |
Passed the End Date - Status was "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 |
The qualifying learner will be capable of understanding the factors that impact on the bottom line of a Wholesale and Retail (W&R) business. This underpinning knowledge will direct the learner to their role as it relates to the unit achieving its objectives and will form the basis for practice in operations.
Qualifying learners will be capable of: |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
It is assumed that a learner will be competent in:
|
UNIT STANDARD RANGE |
N/A |
Specific Outcomes and Assessment Criteria: |
SPECIFIC OUTCOME 1 |
Explain the relationship between the bottom line of a business and the factors that will impact on it. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The meaning of bottom line is explained in the context of a wholesale and retail sector. |
ASSESSMENT CRITERION 2 |
The influence that staff's personal traits and behaviour have on a business unit is explained in terms of the impact they have on the customers and the business unit. |
ASSESSMENT CRITERION RANGE |
Personal traits include but are not limited to communication skills, tidiness, courtesy, assertiveness, helpfulness. |
ASSESSMENT CRITERION 3 |
The influence of limited and vast product ranges on a business unit is explained in terms of the impact it has on the customers and the business unit. |
ASSESSMENT CRITERION 4 |
The influence that low margin products, high margin products and a mix between the two have on a business unit is explained in terms of the impact it has on the customers and the business unit itself. |
ASSESSMENT CRITERION 5 |
The influence that the pricing of products has on a business unit is explained in terms of the impact it has on the customers and the business unit itself. |
ASSESSMENT CRITERION 6 |
A list with explanations is compiled of any other factors that might impact on the customers and the bottom line of the particular business. |
ASSESSMENT CRITERION 7 |
The impact of stock on cash flow is explained in terms of its effect on the bottom line of the business. |
SPECIFIC OUTCOME 2 |
Explain how net profit is arrived at in an operational unit. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
The difference between Gross and Net Profit is explained in terms of the elements taken in consideration when calculating it. |
ASSESSMENT CRITERION 2 |
Expenses are explained as they apply to the organisation. |
ASSESSMENT CRITERION 3 |
Factors impacting on Gross Profit margin are explained as they apply to the organisation. |
ASSESSMENT CRITERION RANGE |
Factors include, but are not limited to:
|
ASSESSMENT CRITERION 4 |
The Gross Profit of a W&R business is calculated and explained as it applies to the organisation. |
ASSESSMENT CRITERION 5 |
The Net Profit of a W&R business is calculated and explained as it applies to the organisation. |
SPECIFIC OUTCOME 3 |
Explain how own job can impact on the bottom line of a business. |
ASSESSMENT CRITERIA |
ASSESSMENT CRITERION 1 |
Own area of responsibility is explained in terms of its impact on sales. |
ASSESSMENT CRITERION 2 |
Own area of responsibility is explained in terms of its impact on expenses. |
ASSESSMENT CRITERION 3 |
Own area of responsibility is explained in terms of its impact on shrinkage and losses. |
ASSESSMENT CRITERION 4 |
The impact that own job has on service delivery is explained as it applies to both internal and external customers. |
ASSESSMENT CRITERION 5 |
The impact that own job has on the marketing and promotional activity of the business is explained as it applies to both internal and external customers. |
ASSESSMENT CRITERION 6 |
The impact that own productivity has on the bottom line is explained as it applies to the business. |
ASSESSMENT CRITERION 7 |
Own area of responsibility is explained in terms of its impact on stock and cash flow. |
UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS |
UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE |
UNIT STANDARD DEVELOPMENTAL OUTCOME |
N/A |
UNIT STANDARD LINKAGES |
N/A |
Critical Cross-field Outcomes (CCFO): |
UNIT STANDARD CCFO IDENTIFYING |
Identify and solve problems associated with ones own area of responsibility positively impacting the bottom line of the W&R business by employing responsible decision-making and creative thinking. |
UNIT STANDARD CCFO WORKING |
Work effectively with others as a member of a team, group or role-players in the cash and stock processes to achieve the W&R business objectives. |
UNIT STANDARD CCFO ORGANISING |
Organise and manage oneself and one's activities responsibly and effectively in discharging ones duties within the W&R business. |
UNIT STANDARD CCFO COMMUNICATING |
Communicate effectively using appropriate modes of oral and/or written persuasion in dealing with all role-players to achieve the W&R business objectives. |
UNIT STANDARD CCFO DEMONSTRATING |
Demonstrate an understanding of the world, as a set of related systems by recognising that problem solving in understanding the factors that impact on the bottom line of a W&R business exists in a variety of related contexts. |
UNIT STANDARD ASSESSOR CRITERIA |
N/A |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. |
UNIT STANDARD NOTES |
N/A |
QUALIFICATIONS UTILISING THIS UNIT STANDARD: |
ID | QUALIFICATION TITLE | PRE-2009 NQF LEVEL | NQF LEVEL | STATUS | END DATE | PRIMARY OR DELEGATED QA FUNCTIONARY | |
Core | 63409 | National Certificate: Wholesale and Retail Operations | Level 3 | NQF Level 03 | Passed the End Date - Status was "Reregistered" |
2023-06-30 | W&RSETA |
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. | Visual Excellence Trading 508 (Pty) Ltd |
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. |