ASSIGNMENT 01 QUESTION 1. Grace Porter intends to start a business in breakfast cereal that will not only promote better blood sugar control but she wants to provide a healthy breakfast cereal that will make a consumer energetic throughout the day. Grace approaches you to assist her with a business plan because she has little knowledge on how to compile a business plan and she relies on you to help her establish this business with the knowledge you acquired in EBM subject. You suggested "Tireless Wheat Cereal" as the name for Grace's business product. Story composed by: Ms Mthembu (CJC Parktown) 1.1 Explain to Grace why you have selected the name Tireless Wheat Cereal". 1.2 Write TWO vision statements for Grace's business using the above scenario. 1.3 Advise and list FOUR legal documents that Grace need for her business. 1.4 Design a logo or trademark for Grace's product and explain why you have decided on the specific design. 1.5 Give FOUR factors that influence the final selling price of a product. 1.6 Compile a pre-sale questionnaire to ascertain whether customers would buy Grace's chosen product. Your questionnaire must have THREE closed questions and THREE open-ended questions. 1.7 Name and describe THREE types of packaging that are suitable for "Tireless Wheat Cereal. (2) (2) (4) (6) (4) (10) (6) [34]
