Answer Happy

Calculate the turnover of gold rings sold in the South African market annually. Demonstrate your approach to getting to an answer Explanation and Assumptions for market size... Use this and the next slide to demonstrate your analysis: PS: Round off numbers eg: 105.4243 = 105 The answer is less important than the structure and framework to get to the answer Note that this question is NOT related to the accompanying Excel workbook Your Approach / Structure Your Assumptions Your answer: R?????? Per annum

Reflect the structure of your calculation from the market sizing question (previous slide) in the form of a value driver tree. Market Sizing х <<<<Etc х х Volume х <<<<Etc Sales X х Price Hint: You need to know the size of the population as the starting point