Business Studies

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Four possible options are provided as answers to the following questions. Choose the answer and write only the letter (A – D) next to the question number (1.1.1 – 1.1.10) in the ANSWER BOOK, for example 1.1.11 B. 1.1.1

Which ONE of the following statements regarding creativity is TRUE? A Only intelligent people are creative.
B Knowledge does not assist creativity.
C Creativity is an innate ability that can be learnt.
D Only artistic people are creative.
This legislation ensures that qualified people from designated groups have equal opportunities in the workplace: A Affirmative action
B Unemployment Insurance Act
C Skills Development Act
D Black Empowerment Act
Which ONE of the following is an example of a social responsibility programme implemented by a business? A Increase in manager's salary
B Sponsoring an HIV/Aids orphanage
C Increasing profits
D Discounting the prices of its products
This form of investment carries the highest risk:
A Shares
B Property
C Unit trusts
D Fixed deposit
One of the significant advantages for a business enterprise of making use of work teams (team-work) is that … A greater output through collaboration is attained.
B it is time-consuming.
C technology is a requirement to succeed.
D it encourages individualism.

This form of ownership stipulates a minimum of seven members: A Close corporation
B Partnership
C Public company
D Private company
Which ONE of the following could be regarded as unprofessional and unethical behaviour? A Increasing prices in line with competitors
B Selling second-hand goods for new
C Finding a substitute for the competitor's product
D Employing unskilled workers
Who is most likely to offer learnerships in insurance?
A Industrial Development Corporation (IDC)
B South African Reserve Bank (SARB)
C Manpower Commission
D Sector Education and Training (SETA )
The South African government introduced this Act in 2003 as a method of growing the country's economy, eradicating poverty, creating jobs and enforcing the concept of transformation in the workplace: A Industry Charter

B Broad-Based Black Economic Empowerment (BBBEE)
C National Credit Act
D BBBEE Codes of Good Practice
Disciplinary rules and procedures form part of the … contract. A insurance
B leasing
C hire-purchase
D employment (10 x 2)
Business Studies DoE/Exemplar 2008
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Choose a term from COLUMN B that matches a description in COLUMN A. Write only the letter (A – F) next to the question number (1.2.1 – 1.2.5) in the ANSWER BOOK, for example 1.2.6 G. COLUMN A
1.2.1 Trade unions and employer organisations working together to resolve conflicts 1.2.2 A process of planning, organising, leading and controlling the resources to achieve the goals of the organisation 1.2.3 A logical way to end conflict because the mediation process has deadlocked 1.2.4 Formed by representatives of workers in the workplace with the aim of giving input in management decisions 1.2.5 Plan of action to achieve a goal

A strategy
B workplace forum
C management
D productivity
E dispute resolution
F arbitration
(5 x 2)
Indicate whether the following statements are TRUE or FALSE. Choose the answer and write only 'true' or 'false' next to the question number (1.3.1 – 1.3.5) in the ANSWER BOOK. 1.3.1
Reading newspapers and business journals informs business people about the business environment. According to the Black Economic Empowerment (BEE) policy, a black women-owned company is formed when 25,1% of the business is owned and managed by black women. A curriculum vitae (CV) is essentially the most important personnel marketing tool for employment in the business world. The recruitment and selection of human resources can be outsourced by a business enterprise. Increasing production within a...
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