Podcast
Questions and Answers
What should be the distance between the bottom of the cage and the water surface when it is in place?
What should be the distance between the bottom of the cage and the water surface when it is in place?
- 70 centimetres
- 10 centimetres
- 50 centimetres (correct)
- 30 centimetres
In which type of water flow should the cage be placed?
In which type of water flow should the cage be placed?
- Turbulent
- Fast
- Stagnant
- Gentle (correct)
Which material is suggested for covering the cage?
Which material is suggested for covering the cage?
- Metal bars
- Fish netting (correct)
- Plastic sheet
- Thick cloth
What size should the initial cage have?
What size should the initial cage have?
What should the openings in the material used to cover the cage be like?
What should the openings in the material used to cover the cage be like?
What is essential for protecting the cage from wind?
What is essential for protecting the cage from wind?
How many posts are suggested to be driven into the bottom under the water for building a simple cage?
How many posts are suggested to be driven into the bottom under the water for building a simple cage?
What is recommended when starting to build a cage?
What is recommended when starting to build a cage?
What is suggested for using as material to cover the cage if fish netting isn't available?
What is suggested for using as material to cover the cage if fish netting isn't available?
What is important about the shape of a cage?
What is important about the shape of a cage?
What are the 4Ms of operations?
What are the 4Ms of operations?
What is the purpose of developing a prototype for a product?
What is the purpose of developing a prototype for a product?
How can business records be maintained?
How can business records be maintained?
What is a sales journal?
What is a sales journal?
What do financial statements show about a business?
What do financial statements show about a business?
Which financial statement shows the current state of cash and the history of all cash transactions?
Which financial statement shows the current state of cash and the history of all cash transactions?
What is the purpose of a Balance Sheet?
What is the purpose of a Balance Sheet?
What is the purpose of Business Registration?
What is the purpose of Business Registration?
Why is it important to hire the right people for a business?
Why is it important to hire the right people for a business?
What does a positive Net Income indicate in an Income Statement?
What does a positive Net Income indicate in an Income Statement?
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Study Notes
Cage Design and Construction
- The distance between the bottom of the cage and the water surface should be considered when placing the cage.
- The cage should be placed in slow to moderate water flow.
Cage Covering
- Nylon or polyethylene material is suggested for covering the cage.
- If fish netting is not available, chicken wire or hardware cloth can be used as an alternative.
Cage Specifications
- The initial cage should have a minimum size of 1 cubic meter.
- The openings in the material used to cover the cage should be 1-2 cm in size.
Cage Protection
- Anchoring the cage with weights or rocks is essential for protecting it from wind.
Cage Building
- 4-6 posts should be driven into the bottom under the water when building a simple cage.
- It is recommended to start building a cage in shallow water and then move it to deeper water.
Business Operations
The 4Ms
- The 4Ms of operations stand for Man, Machine, Material, and Market.
Product Development
- Developing a prototype for a product is important for testing and refining the product.
Record Keeping
- Business records can be maintained by keeping accurate and detailed records of financial transactions.
- A sales journal is a record of all sales transactions.
Financial Statements
- Financial statements show the financial performance and position of a business.
- The Cash Flow Statement shows the current state of cash and the history of all cash transactions.
- The purpose of a Balance Sheet is to show the financial position of a business at a specific point in time.
Business Registration
- Business Registration is important for formalizing a business and obtaining necessary licenses and permits.
Human Resources
- Hiring the right people for a business is important for its success.
Financial Analysis
- A positive Net Income in an Income Statement indicates that a business is profitable.
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