[Type here] [Type here] [Type here]

NKANGALA DISTRICT

GRADE 10

BUSINESS STUDIES P2
NOVEMBER 2022

MARKS : 150

TIME : 2 HOURS

This question paper consists of 9 pages

Page 1 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022
INSTRUCTIONS AND INFORMATION

Read the following instructions carefully before answering the questions.

1. This question paper consists of THREE sections and covers TWO main topics.

SECTION A: COMPULSORY
SECTION B: Consists of THREE questions
Answer any TWO of the three questions in this section.
SECTION C: Consists of TWO questions
Answer any ONE of the two questions in this section.

2. Read the instructions for each question carefully and take particular note of what is
required.

Note that ONLY the first TWO questions in SECTION B and the FIRST question in
SECTION C will be marked.

3. Number the answers carefully according to the numbering system used in this question
paper. No marks will be awarded for answers that are numbered incorrectly.

4. Except where other instructions are given, answers must be written in full sentences.

5. Use the mark allocation and nature of each question to determine the length and depth of
an answer.

6. Use the table below as guide for mark and time allocation when answering each question.

SECTION TIME
QUESTION MARKS
(minutes)
A: Objective-type questions
COMPULSORY 1 30 20

B: THREE direct/indirect type 2 40

questions
3 40 70
CHOICE:
Answer any TWO. 4 40

C: TWO essay-type questions 5 40

CHOICE: 30
6 40
Answer any ONE.
TOTAL 150 120
7. Begin the answer to EACH question on a NEW page, e.g. QUESTION 1 – new page,
QUESTION 2 – new page.
8. You may use a non-programmable calculator.
9. Write neatly and legibly.

Page 2 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022

SECTION A (COMPULSORY)

QUESTION 1

1.1 Various options are provided as possible answers to the following questions.
Choose the answer and write only the letter (A – D) next to the question number
(1.1.1 – 1.1.5) in the ANSWER BOOK, for example 1.1.6 E.

1.1.1 The owners of Concho CC are known as …

A human resource managers

B board of directors
C shareholders
D members

1.1.2 The systematic gathering, recording and analysing data about the
marketing of goods and services, is known as …

A SWOT analysis
B market research
C protocol
D PESTLE analysis

1.1.3 The purpose of the executive summary is to ...

A ensure that taxation regulations are complied with

B allow for administration and record keeping
C enable business to identify challenges that are posed by the
business environment
D give readers an idea of what is contained in the business plan

1.1.4 A way of thinking that is unconventional and original, is known as …

A problem solving
B routine thinking
C creative thinking
D decision making

1.1.5 Duka Plumbers presented a … which indicates the list of all business
assets, liabilities and owners’ equity at the end of the financial year.

A cash flow statement

B balance sheet
C income statement
D budget
(5 x 2) (10)

Page 3 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022

1.2 Complete the following statements by using the word(s) in the list below. Write
only the word(s) next to the question numbers (1.2.1 to 1.2.5) in the ANSWER
BOOK.

PESTLE; audio-visual aids; profit; memorandum of incorporation;

violence; non-profit; prospectus; gambling; SCAMPER; written reports

1.2.1 A … company is established for charity purposes or to promote social

and cultural activities.

1.2.2 Madness Ltd uses a … to invite the public to buy shares in their
company.

1.2.3 The purpose of … is to enhance a presentation.

1.2.4 Top Clothing used … technique to explore ideas from seven different
perspectives.

1.2.5 Anchor Books addressed … as a socio economic issue by offering

financial literacy education to their employees.

(5 x 2) (10)

Page 4 of 10
Business Studies Grade 10 P2 Nkangala/November 2022

1. Choose a description from COLUMN B that matches a term in COLUMN A.

3 Write only the letter (A–J) next to the question number (1.3.1 to 1.3.5) in the
ANSWER BOOK, e.g. 1.3.6 K.

COLUMN A COLUMN B

1.3.1 Limited liability A set of standards of expected behaviour

1.3.2 Data projector B second-hand information that is

obtained through academic books

1.3.3 Ethics C used by management to facilitate

change in the business

1.3.4 Empty chair D an owner’s personal assets may be

seized to pay for the debts of the
business

1.3.5 Primary data E images projected from a computer to a

screen

F first-hand information that is collected

through interviews

G an owner’s personal assets are

protected against the debts of the
business

H a set of facts systematically displayed

in columns

I conforms to a set of values that is

morally acceptable

J used when a person must make

decisions alone
(5×2) (10)

TOTAL SECTION A: 30

Page 5 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022

SECTION B
Answer ANY TWO questions from this section.

NOTE: Clearly indicate the QUESTION NUMBER of each question that you
choose. The answer to EACH question must start on a NEW page, e.g.
QUESTION 2 on a NEW page, QUESTION 3 on a NEW page.

QUESTION 2: BUSINESS VENTURES

2.1 Name FOUR types of co-operatives. (4)

2.2 Outline the differences between a private company and public company. (8)

2.3 Read the scenario below and answer the questions that follow.

MEG & WAY ATTORNEYS (MWA)

Meg & Way Attorneys operate in the Border Area. Both Meg and Way share
in the profits and are therefore motivated to work hard. Their workload and
responsibility is shared between both of them.

2.3.1 Identify the form of ownership applicable to the scenario above. (2)

2.3.2 Outline the disadvantages of the form of ownership identified in

QUESTION 2.3.1 above. (6)

2.4 Explain the guidelines on writing an effective business report. (4)

2.5 Discuss the factors that must be considered when preparing for a verbal
presentation. (6)

2.6 Read the scenario below and answer the questions that follow.

GLIDE WEAR (GW)

Glide Wear sells affordable swimwear in the Eastern Cape. GW considered

expanding to other provinces and used questionnaires and interviews to
determine the demand for their product in the Western Cape.

2.6.1 Name TWO research instruments used by GW. (2)

2.6.2 Describe the protocol for conducting research. (4)

2.7 Advise businesses on the importance of assessing needs and desires in

identifying a business opportunity. (4)
[40]

Page 6 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022

QUESTION 3: BUSINESS ROLES

3.1 Define the term ‘social responsibility’. (4)
3.2 Explain the following factors that can influence team relationships
3.2.1 Discrimination (2)
3.2.2 Diversity (2)
3.3 Read the scenario below and answer the questions that follow.

MODLEY TRANSPORT (MT)

Modley Transport offers deliveries worldwide and became concerned about
the effect of HIV/Aids on the economy. They developed strategies to deal
with the stigma and discrimination. MT also encouraged their employees to
join HIV/Aids support groups.

3.3.1 Quote TWO initiatives that World Ltd implemented to deal with
HIV/Aids in the scenario above. (2)
3.3.2 Explain other initiatives that World Ltd can implement to deal with
HIV/Aids as a socio-economic issue. (6)
3.4 Describe any TWO steps of the problem-solving cycle. (6)
3.5 Read the scenario below and answer the question that follows.

KULLY ROOF REPAIR (KRR)

Maggy, Kully and Dries are working together as a team on the project to
repair roofs. They appreciate the knowledge and skills of other team
members. Kully, a team leader, always provides quality feedback to improve
the morale of the team.

3.5.1 Identify TWO criteria for successful team performance applied by

KRR. Motivate your answer by quoting from the scenario above.

Use the table below as a GUIDE to answer QUESTION 3.5.1

CRITERIA FOR SUCCESSFUL MOTIVATIONS
TEAM PERFORMANCE
1.
2. (6)

3.6 Discuss initiatives businesses can take to address poverty and inequality. (6)

3.7 Recommend ways in which businesses can create an environment that

enables teams to work effectively. (6)
[40]

Page 7 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022
QUESTION 4: MISCELLANEOUS TOPICS

Page 8 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022

BUSINESS VENTURES

4.1 Name FOUR types of legal requirements of a business. (4)

4.2 Outline the importance of market research. (6)

4.3 Read the scenario below and answer the question that follows.

DAVID’S PRESENTATION
David presented the annual budget to the stakeholders at Longtime
Traders. He used a board with a paper attached at the top that can be
turned over to present information. He also summarised his information and
communicated trends and patterns over the previous financial year.

4.3.1 Identify TWO types of visual aids used by David. Motivate your
answer by quoting from the scenario above.

Use the table below as a GUIDE to answer QUESTION 4.3.1

TYPES OF VISUAL AIDS MOTIVATIONS

1.
2. (6)

4.4 Explain the difference between internal market research and external
market research. (4)

BUSINESS ROLES
4.5 Name any TWO types of business objectives. (2)

4.6 Read the scenario below and answer the questions that follow.

RONALD MANUFACTURERD (RM)

Ronald Manufacturers have been experiencing a decline in sales. The
management of RM used colourful diagrams in a tree format to generate the
new concept. . They emphasised the importance of creative thinking to ensure
that all employees know that management wants to hear their ideas.

4.6.1 Identify the problem-solving technique applied by RM in the scenario

above. (2)

4.6.2 Explain ways in which businesses can use creative thinking to

generate entrepreneurial opportunities. (4)

4.7 Discuss the benefits of team work. (6)

4.8 Suggest initiatives businesses can take to address crime. (6)

[40]
TOTAL SECTION B: 40

Page 9 of 10
 Business Studies Grade 10 P2 Nkangala/November 2022

SECTION C

Answer ONE question in this section.

QUESTION 5: BUSINESS VENTURES (BUSINESS PLAN)

Business plans are important to businesses and consist of different components. The
marketing mix is considered to ensure the success of the business opportunity and
strategies need to be developed to overcome competition in the market.

Write an essay on a business plan in which you include the following aspects:

 Outline the importance of a business plan.

 Explain any FOUR components of the business plan, except the marketing plan.
 Discuss the following p’s of the marketing mix:
o Price
o Place
o Promotion
 Recommend strategies that businesses can use to overcome competition in the
market.
[40]

QUESTION 6: BUSINESS ROLES

(CREATIVE THINKING AND PROBLEM SOLVING)

Business use decision making and problem solving to deal with the many challenges
they face. Creative thinking techniques allow for more creative ways to solve
business problems. Businesses should find ways in which creative business
opportunities can realistically be implemented.

Write an essay in which you include the following aspects:

 Outline the differences between decision making and problem solving.

 Discuss the advantages of creative thinking in the workplace.
 Explain how businesses can apply the following problem solving techniques to
solve business problems:
o Nominal group technique
o Brainstorming
o Delphi-technique
 Suggest ways in which creative business opportunities can realistically be
implemented. [40]

TOTAL SECTION C: 40
GRAND TOTAL: 150

Page 10 of 10