# Business Studies Grade 12 Western Cape Mock 2019 Memo (Eng)

> Grade 12 Business Studies memorandum from the Western Cape Mock Exam 2019 (English), 46 pages. Read online or download the free PDF.

- Page: https://www.hlayiso.com/library/bstd-sep-2019-trial-memo-final-eng/1ff49d32-e982-4b56-87f4-efb9badf90e4
- Updated: 2026-09-27
- Subject: Business Studies
- Grade: Grade 12
- Document type: Memorandum
- Year: 2019
- Exam period: Western Cape Mock Exam
- Curriculum: CAPS
- Pages: 46

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Business Studies · Grade 12 · Western Cape Mock Exam · 2019. Memorandum, 46 pages. Read online or download the PDF.

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                       WCED OVERBERG

                                   NATIONAL
                              SENIOR CERTIFICATE

                                     GRADE 12

                                 BUSINESS STUDIES

                                  SEPTEMBER 2019

                     MEMORANDUM AND MARKING GUIDELINES

                                      MARKS: 300

                                     TIME: 3 hours

                       This marking guideline consists of 46 pages.

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Business Studies                              2                                      SEP 2019
 NOTES TO MARKERS

 PREAMBLE
 The notes to markers are provided for quality assurance purposes to ensure the following:
 (a)   Fairness, consistency and reliability in the standard of marking
 (b)   Facilitate the moderation of candidates' scripts at the different levels
 (c)   Streamline the marking process considering the broad spectrum of markers across the
       district
 (d)   Implement appropriate measures in the teaching, learning and assessment of the subject
       at schools/institutions of learning

 1.       For marking and moderation purposes use the following colours:
          Marker:              Red
          Internal moderator:  Green

 2.       Candidates' responses must be in full sentences for SECTIONS B and C.
          However, this would depend on the nature of the question.
 3.       Comprehensive marking guidelines have been provided but this is by no means
          exhaustive. Due consideration should be given to an answer that is correct, but:
           •   Uses a different expression from that which appears in the memorandum
           •   Comes from another source
           •   Original
           •   A different approach is used
           NOTE: There is only ONE correct answer in SECTION A.
 4.       Take note of other relevant answers provided by candidates and allocate marks
          accordingly. (In cases where the answer is unclear or indicates some
          understanding, part-marks should be awarded, for example, one mark instead of
          the maximum of two marks.)
 5.       The word 'Sub-max' is used to facilitate the allocation of marks within a question
          or sub-question.
 6.       The purpose of circling marks (guided by 'max' in the breakdown of marks) on
          the right-hand side is to ensure consistency and accuracy in the marking of
          scripts as well as for calculation purposes.
 7.       Subtotals to questions must be written in the right-hand margin. Circle the
          subtotals as indicated by the allocation of marks. This must be guided by 'max'
          in the marking guidelines. Only the total for each question should appear in the
          left-hand margin next to the appropriate question number.
 8.       In an indirect question, the theory as well as the response must be relevant and
          related to the question.

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 9.       Incorrect numbering of answers to questions or sub-questions in SECTION A
          and B will be severely penalised. Therefore, correct numbering is strongly
          recommended in all sections.

 10.      No additional credit must be given for repetition of facts. Indicate with a 'R'.

 11.      Note that no marks will be awarded for indicating Yes/No in evaluation type
          questions requiring substantiation or motivation. (Applicable to SECTIONS B and
          C)

 12.      The differentiation between 'evaluate' and 'critically evaluate' can be explained
          as follows:

          12.1       When 'evaluate' is used, candidates are expected to respond in either
                     a positive/negative manner or take a neutral (positive and negative)
                     stance, e.g. Positive: 'COIDA eliminates time and costs spent√ on
                     lengthy civil court proceedings.'√

          12.2       When 'critically evaluate' is used, candidates are expected to respond
                     in either a positive/negative manner or take a neutral (positive and
                     negative) stance. In this instance candidates are also expected to
                     support their responses with more depth, e.g. 'COIDA eliminates time
                     and costs spent√ on lengthy civil court proceedings√, because the
                     employer will not be liable for compensation to the employee for
                     injuries sustained during working hours as long as it can be proved that
                     the business was not negligent.'√

          NOTE:      The above could apply to 'analyse' as well.

 13.      The allocation of marks must be informed by the nature of the question, cognitive
          verb used, mark allocation in the marking guidelines and the context of each
          question.
          Cognitive verbs, such as:

          13.1       Advise, name, outline, state, mention, recommend, suggest, motivate
                     (list not exhaustive) do not usually require much depth in candidates'
                     responses. Therefore, the mark allocation for each statement/answer
                     appears at the end.

          13.2       Describe, explain, discuss, elaborate, justify, devise, analyse,
                     evaluate, critically evaluate, compare, distinguish, differentiate (list not
                     exhaustive) require a greater depth of understanding, application and
                     reasoning. Therefore, the marks must be allocated more objectively to
                     ensure that assessing is conducted according to established norms so
                     that uniformity, consistency and fairness are achieved.

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Business Studies                               4                                      SEP 2019

 14.      SECTION B

 14.1     If, for example, FIVE facts are required, mark the candidate's FIRST FIVE
          responses and ignore the rest of the responses. Indicate by drawing a line across
          the unmarked portion or use the word 'Cancel'.

          NOTE: This applies only to questions where the number of facts is specified.

 14.2     If two facts are written in one sentence, award the candidate FULL credit. Point
          14.1 above still applies.

 14.3     If candidates are required to provide their own examples/views, brainstorm this
          with your colleagues to finalise alternative answers.

 14.4     Use of the cognitive verbs and allocation of marks:

          14.4.1     If the number of facts are specified, questions that require candidates
                     to 'describe/discuss/explain' may be marked as follows:

                     • Fact        2 marks (or as indicated in the marking guidelines)
                     • Explanation 1 mark
                     The 'fact' and 'explanation' are given separately in the marking
                     guidelines to facilitate mark allocation.

          14.4.2     If the number of facts required is not specified, the allocation of marks
                     must be informed by the nature of the question and the maximum mark
                     allocated in the marking guidelines.

 14.5     ONE mark may be awarded for answers that are easy to recall, requires one
          word answers or is quoted directly from a scenario/case study. This
          applies to SECTIONS B and C in particular (where applicable).

 15.      SECTION C

 15.1     The breakdown of the mark allocation for the essays is as follows:
                             Introduction
                                                         Maximum:
                             Content
                                                            32
                             Conclusion
                             Insight                           8
                             TOTAL                            40

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Business Studies                               5                                      SEP 2019

 15.2    Insight consists of the following components:
     Layout/Structure     Is there an introduction, a body and a conclusion?               2
     Analysis and         Is the candidate able to break down the question into            2
     interpretation       headings/sub-headings/interpret it correctly to show
                          understanding of what is being asked?

                          Marks to be allocated using this guide:

                          All headings addressed:          1 (One ‘A’)
                          Interpretation (16 to 32 marks) 1 (One ‘A’)
     Synthesis            Are there relevant decisions/facts/responses made based          2
                          on the questions?
                          Marks to be allocated using this guide:
                          No relevant facts:    0 (Two '-S')
                          Some relevant facts: 1 (One '-S')
                          Only relevant facts: 2 (No '-S')

                          Option 1: Where a candidate answers 50% or more of the
                                    question with only relevant facts; no '-S' appears
                                    in the left margin. Award the maximum of TWO
                                    (2) marks for synthesis.
                          Option 2: Where a candidate answers less than 50% of
                                    the question with only OR some relevant facts;
                                    one '-S' appears in the left margin. Award a
                                    maximum of ONE (1) mark for synthesis.
                          Option 3: Where a candidate answers less than 50% of
                                    the question with no relevant facts; two '-S'
                                    appear in the left margin Award a ZERO mark for
                                    synthesis.
     Originality          Is there evidence of examples, recent information, current       2
                          trends and developments?
                                                                TOTAL FOR INSIGHT:         8
                                                        TOTAL MARKS FOR FACTS:            32
                                                TOTAL MARKS FOR ESSAY (8 + 32):           40

           NOTE: 1.       No marks will be awarded for contents repeated from the
                          introduction and conclusion.

                     2.   The candidate forfeits marks for layout if            the   words
                          INTRODUCTION and CONCLUSION are not stated.

                     3.   No marks will be allocated for layout, if the headings
                          INTRODUCTION and CONCLUSION are not supported by an
                          explanation.

                     4.   With effect from November 2017 a candidate will be awarded a
                          maximum of ONE (1) mark for headings/sub-headings and ONE (1)
                          mark for interpretation (16 or more out of 32 marks). This applies
                          specifically to the analysis and interpretation part of insight.

 15.3      The breakdown of marks is indicated at the end of the suggested answer/
           marking guidelines to each question.

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Business Studies                               6                                       SEP 2019

 15.4      Mark all relevant facts until the SUB MAX/MAX mark in a subsection has been
           attained. Write SUB MAX/MAX after maximum marks have been obtained.
 15.5      At the end of each essay indicate the allocation of marks for facts and marks
           for insight as follows: (L – Layout, A – Analysis, S – Synthesis, O – Originality)
           as in the table below.
                                     CONTENT                       MARKS
                                       Facts                        32 (max.)
                                         L                            2
                                         A                            2
                                         S                            2
                                        O                             2
                                      TOTAL                          40
 15.6      When awarding marks for facts, take note of the sub-maxima indicated,
           especially if candidates do not make use of the same subheadings.
           Remember, headings and subheadings are encouraged and contribute to
           insight (structuring/logical flow/sequencing) and indicate clarity of thought.
           (See MARK BREAKDOWN at the end of each question.)
 15.7      If the candidate identifies/interprets the question INCORRECTLY, then he/she
           may still obtain marks for layout.
 15.8      If a different approach is used by candidates, ensure that the answers are
           assessed according to the mark allocation/subheadings as indicated in the
           marking guidelines.
 15.9      15.9.1    Award TWO marks for complete sentences. Award ONE mark for
                     phrases, incomplete sentences and vague answers.
           15.9.2    With effect from November 2015, the TWO marks will not necessarily
                     appear at the end of each completed sentence. The ticks (√) will be
                     separated and indicated next to each fact, e.g. 'Product development
                     is a growth strategy/where businesses aim to introduce new products√
                     into existing markets.'√
                     This will be informed by the nature and context of the question, as well
                     as the cognitive verb used.

 15.10     With effect from November 2017, the maximum of TWO (2) marks for facts
           shown as headings in the marking guidelines, will not necessarily apply to each
           question. This would also depend on the nature of the question.

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Business Studies                                 7                       SEP 2019

SECTION A (COMPULSORY)

QUESTION 1

 1.1       1.1.1       B   √√
           1.1.2       D   √√
           1.1.3       A   √√
           1.1.4       C   √√
           1.1.5       D   √√
           1.1.6       C   √√
           1.1.7       B   √√
           1.1.8       B   √√
           1.1.9       B   √√
           1.1.10      C   √√
                                                                      (10 x 2)        (20)

 1.2       1.2.1     tertiary                        √√
           1.2.2     skills development levy         √√
           1.2.3     RSA Retails Savings Bonds       √√
           1.2.4     problem solving                 √√
           1.2.5     fringe                          √√
                                                                        (5 x 2)       (10)

 1.3       1.3.1       B   √√
           1.3.2       I   √√
           1.3.3       J   √√
           1.3.4       A   √√
           1.3.5       F   √√                                          (5 x 2)        (10)

                                                           TOTAL SECTION A:           40

                                                          BREAKDOWN OF MARKS
                                                              QUESTION 1  MARKS
                                                                 1.1         20
                                                                 1.2         10
                                                                 1.3         10
                                                                TOTAL        40

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Business Studies                               8                                   SEP 2019

SECTION B
Mark the FIRST THREE answers ONLY.

QUESTION 2: BUSINESS ENVIRONMENTS

 2.1     FOUR pillars of BBBEE
         Option 1
           - Ownership√
           - Management√
           - Employment Equity√
           - Skills development√
           - Enterprise development √
           - Supplier development/Preferential procurement√
           - Socio economic development/Corporate social investment√
                                             OR
         Option 2
           - Ownership√
           - Management control√
           - Skills development√
           - Enterprise and supplier development√
           - Socio economic development√
         NOTE: Mark the first FOUR (4) only.                                        (4 x 1)     (4)
 2.2     Purpose of LRA
         - Provides a framework/structure for labour relations between employers/
            employees/trade unions/employer organisations. √√
         - Promotes/Facilitates collective bargaining at the workplace/at sectorial
            level.√√
         - Promotes workplace forums to accommodate employees in decision
            making.√√
         - Provides for the right to lock-out by the employer as a reaction to lengthy
            strikes. √√
         - Promotes fair labour practice between the employers and employees. √√
         - Clarifies the transfer of employment contracts between the existing and new
            employers. √√
         - Promotes simple procedures for the registration of trade unions/employer
            organisations. √√
         - Advances economic development/social justice/labour peace to ensure that
            the workplace maintains the basic rights of employees. √√
         - Establishes the Commission for Conciliation, Mediation and Arbitration
            (CCMA) for dispute resolutions/Makes provision for settling labour
            disputes.√√
         - Establishes Labour Courts and Labour Appeal Courts. √√
         - Any other relevant answer related to the purpose of the LRA.
                                                                                       Max      (8)
 2.3     BCEA provisions from the statements
         2.3.1     Sick leave √√
         2.3.2     Prohibition of Child- and Forced Labour √√
         2.3.3     Overtime √√
         2.3.4     Termination of employment √√                                                 (8)

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Business Studies                                9                                     SEP 2019

 2.4     Legislation

         2.4.1     Compensation for Occupational injuries and Diseases Act, 1997 (Act 61
                   of 1997)/Compensation for Occupational Injuries and Diseases Act, 1993
                   (Act 130 of 1993)/Compensation for Occupational Injuries and Diseases
                   Act/COIDA. √√
                                                                                          (2)
                   Motivation:
                   An employee of African Safari Game Reserve lost his hand due to an
                   injury sustained while performing his duties/Management is refusing to
                   submit the claim to the Compensation fund/They did not register the
                   employee with the Commissioner of the Compensation Fund. √
                                                                                          (1)
                   NOTE: Do not award marks for the motivation if the Act was
                           identified incorrectly.
                                                                                        Max        (3)
         2.4.2     Penalties for non-compliance
                   - African Safari Game Reserve can be fined √ for refusing to lodge the
                     claim/contravening the Act. √
                   - ASR can be forced to make large payments √ if it did not take the
                     necessary precautions according to the Act. √
                   - ASR can be forced to pay any recovery costs √ required by the
                     Compensation Fund. √
                   - The employee may take ASR to court √ for not registering him/her with
                     the Commissioner of the Compensation Fund. √
                   - If ASR is found guilty of any misconduct√, they will have to pay large
                     penalties/face imprisonment. √
                   - Any other relevant answer related to penalties for non-compliance with
                     COIDA.
                                                                                          Max      (4)
         2.4.3     Recommendations on ways to comply with COIDA
                   - ASR should provide a healthy/safe working environment. √√
                   - Keep records of employees' income and details of work for four
                     years.√√
                   - Report all incidents causing death / injury / illness of employees. √√
                   - Submit returns of earnings by no later than 1 March annually. √√
                   - Pay levies to the Compensation Fund. √√
                   - Ensure that the premises / equipment / machinery are in good working
                     condition. √√
                   - Allow regular assessment of the workplace by inspectors in order to
                     determine the level of risk their employees are exposed to. √√
                   - ASR may not make deductions for COIDA from employees'
                     remuneration packages. √√
                   - ASR must ensure that claims are lodged within twelve months of the
                     date of the accident. √√
                   - Any other relevant answer related to ways in which businesses can
                     comply with COIDA.
                   TAKE NOTE: Do not award marks for registration with the
                   Compensation Commissioner - scenario.
                                                                                          Max      (6)

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Business Studies                              10                                     SEP 2019

 2.5     Types of diversification strategies
         - Concentric diversification√√
               o The business adds a new product or service that is related to
                   existing products and which will appeal to new customers.√
               o Occurs when a business wants to increase its product range and
                   markets.√
               o Any other relevant answer related to concentric diversification as
                   a diversification strategy.
                                                                                 Strategy (2)
                                                                              Description (1)
                                                                                 Sub max (3)
         - Horizontal diversification√√
               o The business adds new products or services that are unrelated
                   to existing products, but which may appeal to existing
                   customers.√
               o Occurs when a business acquires or merges with a business that
                   is at the same production stage, but it may offer a different
                   product.√
               o Any other relevant answer related to horizontal diversification as
                   a diversification strategy.
                                                                                 Strategy (2)
                                                                              Description (1)
                                                                                 Sub max (3)
         - Conglomerate diversification√√
               o The business adds new products or services that are unrelated
                   to existing products which may appeal to new groups of
                   customers.√
               o Conglomerate diversification means that a business grows into
                   new products, services and markets.√
               o Any other relevant answer related to conglomerate diversification
                   as a diversification strategy.
                                                                                 Strategy (2)
                                                                              Description (1)
                                                                                 Sub max (3)
         NOTE: Mark the first THREE only.
                                                                                        Max       (9)
 2.6     Challenges of business environments and extent of control

                                                        BUSINESS             EXTENT OF
                     CHALLENGES
                                                      ENVIRONMENT            CONTROL
         (a) A recent cyclone destroyed 40% of
                                                   Macro √√               No Control √
             its sugar cane crops √
         (b) Production at its factory has come
             to a standstill/machinery broke       Micro √√               Full control √
             down/poor maintenance√
         (c) The demand for its products has                              Limited
             decreased/customers are looking       Market √√              control/Little
             for healthier alternatives. √                                influence √
                                           Max (3)           Max (6)                 Max (3)
                                                                                         Max      (12)

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Business Studies                            11                                   SEP 2019

         1.   Mark the FIRST challenge for each environment only.
         2.   If the business environment is not linked to the challenge, mark the
              challenge only.
         3.   Award full marks for the business environment even if the challenge is
              not quoted in full.
         4.   The extent of control must be linked to the business environment.
         5.   Do not award marks for the extent of control if the business
              environment is not mentioned.
         6.   Accept in any order.

 2.7     Conduct of the strategic management process
         OPTION 1
         - Businesses should have a clear vision, a mission statement and measurable/
            realistic objectives in place.√√
         - Formulate alternative strategies to respond to the challenges.√√
         - Develop (an) action plan(s), including the tasks to be done/deadlines to be
            met/ resources to be procured√√, etc.
         - Implement selected strategies by communicating it to all
            stakeholders/organising business resources/motivating staff.√√
         - Businesses should continuously evaluate, monitor, measure strategies in
            order to take corrective action.√√
         - Any other relevant answer related to the conduct of the strategic
            management process.
                                               OR
         OPTION 2
         - Businesses should review their vision statement.√√
         - Analyse/Re-examine mission statement.√√
         - Formulate a strategy, such as a defensive/retrenchment strategy.√√
         - Implement a strategy, using a template such as an action plan.√√
         - Control/Evaluate/Monitor the implemented strategy to identify
            gaps/deviations in implementation.√√
         - Businesses should take corrective action√ to ensure goals/objectives are
            met.√√
         - Any other relevant answer related to the conduct of the strategic
            management process
         NOTE: The steps may be in any order.                                        Max      (6)
                                                                                              [60]
                                                     BREAKDOWN OF MARKS
                                                   QUESTION 2     MARKS
                                                       2.1           4
                                                       2.2           8
                                                       2.3           8
                                                      2.4.1          3
                                                      2.4.2          4
                                                      2.4.3          6
                                                       2.5           9
                                                      2.6.1          3
                                                      2.6.2          6
                                                      2.6.3          3
                                                       2.7           6
                                                     TOTAL          60

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Business Studies                             12                                     SEP 2019
QUESTION 3: BUSINESS VENTURES
 3.1 Factors to be considered when making investment decisions
     - Return on investment (ROI) √
     - Risk√
     - Investment term/period√
     - Inflation rate√
     - Personal budget√
     - Liquidity√
     - Tax implications/Taxation√
     - Investment planning factors√
     - Fluctuations/Volatility of investment markets/Economic stability√
     - Track record/History/Performance of the business/sector to be invested in√
     - Additional costs/Administration fees/Brokerage applicable to the type of
        investment √
     - Any other relevant examples related to investment decisions.
     NOTE: Mark the first TWO (2) only.                                       (2 X 1)            (2)

 3.2     Government/RSA retail bond
         Positives/Advantages
         - Guaranteed returns √ as interest rate is fixed for the whole investment
            period.√
         - Interest rates are market related √ and attract more investors. √
         - Interest can be received√ twice a year. √
         - Investment may be easily accessible √ as cash may be withdrawn after the
            first twelve months. √
         - Low risk/Safe investment √ as it is invested with the South African
            Government which cannot be liquidated. √
         - It is an affordable type of investment √ for all levels of income earners
            including pensioners. √
         - Retail bonds are easily/conveniently obtained √ electronically/from any Post
            Office/directly from National Treasury. √
         - No charges/costs/commissions payable on this type of investment.
         - Interest is usually higher √ than on fixed deposits. √
         - Retail bonds are listed on the capital bond markets√ on the JSE. √
         - Investors younger than 18 years/Minors may invest with the help of a legal
            guardian√ which encourages saving from a young age. √
         - Any other relevant examples related to positive impact/advantages of
            Government/RSA retail bond
                                             AND / OR
         Negatives/Disadvantages
         - Retail bonds cannot be ceded to banks √ as security for obtaining loans. √
         - A minimum of R1 000 must be invested √ which may be difficult for some
            small investors to accumulate. √
         - Retail bonds are not freely transferable√ amongst investors. √
         - Investors need to have valid SA identification √ should be older than 18 years
            which may discourage foreigners/young people to invest. √
         - Penalties are charged for early withdrawals √ if the savings is less than 12
            months old. √
         - Any other relevant examples related to negative impact/disadvantages of
            Government/RSA retail bond
                                                                                     (4 X 2)     (8)

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Business Studies                                 13                                       SEP 2019

 3.3     Forms of ownership
         3.3.1     Sole trader/Sole proprietorship √√                                         (2)
                   Motivation:
                   Mandla is the only owner of the business and is also responsible for all
                   business risks and functions.                                            (1)
                   NOTE: Do not award marks for the motivation if the form of
                           ownership was not correctly identified.
                                                                                         Max          (3)
         3.3.2     Success and/or failure of a sole trader

                                             SUCCESS                          FAILURE
                   Division of    -   Owner receives all          -   Profits may not be large
                   profits            profits √ from the              enough √ for expansion.
                                      business. √                     √
                                  -   The owner may use           -   Profits may not cover √
                                      profit √ to expand the          all business'
                                      business.√                      debts√/Owner may
                                                                      decide √ not to expand. √
                                  -   Any other relevant          -   Any other relevant
                                      answer related to the           answer related to the
                                      influence of the division       influence of the division
                                      of profits on the success       of profits on the failure of
                                      of a sole trader.               a sole trader.
                                                                                         Sub Max      (4)
                   Legislation    - It is easy/inexpensive √      -   Business may only
                                    to start. √                       qualify for more loans √ if
                                                                      they are licenced /√
                                                                      Loans √ are not easily
                                                                      obtainable. √
                                  - There are limited             -   Business has no legal
                                    regulatory requirements√          entity/unlimited liability√
                                    regarding the name of             and the owner can be
                                    the business. √                   sued/held responsible for
                                                                      the debts of the
                                                                      business. √
                                  - It is not compulsory √ to     -   Business has no
                                    have financial                    continuity √ / as it
                                    statements audited. √             depends on the life of the
                                                                      owner. √
                                  - Any other relevant            -   Any other relevant
                                    answer related to the             answer related to the
                                    influence of legislation on       influence of legislation on
                                    the success of a sole             the failure of a sole
                                    trader.                           trader.
                                                                                         Sub Max      (4)
                   Taxation       - Owner only taxed on           -   If profits get too big √
                                    profits √ in personal             may end up paying high
                                    capacity. √                       tax in personal capacity.
                                                                      √

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Business Studies                               14                                    SEP 2019
                                           SUCCESS                       FAILURE
                   Taxation       - Depending on how much       - Failure by the owner to
                   (continues)      income the owner earns        comply with personal
                                    √ his/her tax rate may be     income tax regulations √
                                    lower than the company        could lead to substantial
                                    tax rate. √                   financial penalties
                                  - If the owner earns below      imposed by SARS. √
                                    a certain threshold √
                                    amount per year, no
                                    income tax is payable √
                                    and the business’s
                                    profits are thus not
                                    taxed. √
                                  - Any other relevant       - Any other relevant
                                    answer related to the      answer related to the
                                    influence of taxation on   influence of taxation on
                                    the success of a sole      the failure of a sole
                                    trader.                    trader.
                                                                                 Sub Max          (4)
          NOTE: The answers do not have to be in tabular format. The success
                and/or failure factors must relate to sole trader/sole proprietorship.
                                                                                     Max          (12)

 3.4      Interest
          3.4.1 EAST BANK: Simple interest
                 FORMULA: Interest = P x R x T √
                 R50 000√ x 9% x 2 years√ = R9 000√

          1. Allocate full marks (3) if the answer is correct and no workings are
             shown.
          2. If workings were shown correctly, but the final answer is wrong,
             award a maximum of TWO marks.
          3. If the answer is incorrect, award a maximum of ONE mark for the
             understanding of concept and method.
          4. If there are no workings shown and the answer is incorrect,
             allocate a ZERO mark.
                                                                                        Max       (3)

          3.4.2    WEST BANK: Compound interest
       Option 1    Year 1: R50 000√ x 9% = R4 500 √
                   Year 2: R54 500√ x 9% = R4 905 √

                   Total interest = R9 405 √
                                                       OR
                                         n
       Option 2    FORMULA: P x (1 + r) √
                   R50 000 √ x (1+9/100)2 √
                   R50 000 x (1.09)2 =R59 405√

                   Total interest = R59 405- R50 000
                                  = R9 405√

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Business Studies                                15                                     SEP 2019
             1.       Allocate full marks (4) if the answer is correct and no
                      working are shown.
             2.       If workings were shown correctly, but the final answer is
                      wrong, award a maximum of THREE marks.
             3.       If the answer is incorrect, award a maximum of ONE mark
                      for the understanding of concept and method.
             4.       If there are no workings shown and the answer is incorrect,
                      allocate a ZERO mark.
                                                                                          Max       (4)
         3.4.3     Best investment option

                   Compound interest √√
                                                                                            (2)
                   Motivation

                   Compound interest yields a higher interest of R9 405 than the
                   simple interest/Leicester earns interest on interest accrued. √
                                                                                        (1)
               NOTE: Do not award marks for the motivation if the best investment
                        option was not identified.
                                                                                      Max           (3)
 3.5     Leadership styles
         3.5.1 Autocratic leadership style
               Positives/Advantages
               - Quick decisions can be taken √ without consulting/considering
                   followers/ employees. √
               - Work gets done√ in time/on schedule. √
               - Line of command/communication is clear √ as it is top-down/followers
                   know exactly what to do. √
               - Direct supervision and strict control √ ensure high quality
                   products/service. √
               - Provides strong leadership √ which makes new employees feel
                   confident and safe. √
               - Works well in large companies √ where consultation with every
                   employee is impractical. √
               - Clear guidance can be given √ to low-skilled/inexperienced/new
                   staff.√
               - Useful in a crisis/urgent situation √ e.g. after an accident/meeting tight
                   deadlines. √
               - Any other relevant answer related to the positive impact/advantages
                   of autocratic leadership style.
                                                AND / OR
               Negatives/Disadvantages
               - Leaders and followers may become divided √ and may not agree on
                   ways to solve problems. √
               - Workers can become demotivated √ if their opinions/ideas are not
                   considered. √
               - De-motivated workers impact negatively √ on productivity. √
               - New/Creative/Cost reducing ideas may not be used √ / implemented /
                   never be considered. √
               - Followers may feel that they are not valued √ resulting in high
                   absenteeism/high employee turnover. √

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Business Studies                               16                                     SEP 2019
                   -  Experienced/Highly skilled workers will resist an autocratic leadership
                      √ style because it results in slow growth/low participation/less
                      creativity. √
                   - Any other relevant answer related to the positive impact/advantages
                      of autocratic leadership style.
                                                                                         Max       (4)
         3.5.2     Transactional leadership style
                   Positives/Advantages
                   - Encourages employees to work hard √ because they will receive
                      rewards. √
                   - Improves employees' productivity√ and morale. √
                   - Business goals and objectives can be achieved √ as employees are
                      motivated. √
                   - Employees know √ what are expected of them. √
                   - Disciplinary action procedures √ are well communicated. √
                   - Any other relevant answer related to the positive impact/advantages
                      of transactional leadership style.
                                                    AND / OR
                   Negatives/Disadvantages
                   - Employees may become bored√ / lose creativity as they have to
                      follow rules/ procedures. √
                   - A transactional leader will have to monitor the work performance of
                      employees √ to ensure that expectations are met. √
                   - Managing/controlling employees √ may be time-consuming. √
                   - Some employees may be demoralised/ unmotivated √ if they fail to
                      reach/meet targets despite having worked very hard. √
                   - Not suitable for team work √ as all team members can be punished
                      for poor performance caused by one team member. √
                   - Any other relevant answer related to the positive impact/advantages
                      of transactional leadership style.
                                                                                         Max       (4)
 3.6     Presentations
         3.6.1     ‘suggestions from the client was written on the board, captured and
                   emailed to the purchasing department of PPC’/ ‘written on the board,
                   captured and emailed’ √                                                         (1)
         3.6.2     Effectiveness of interactive whiteboards/smart boards
                   Positives/Advantages
                   - Images can be projected directly from a computer √, so no external
                   - projector/devices necessary. √
                   - Special pens allow the presenter to write on the board √ while
                      prepared images are displayed. √
                   - Additional notes that was added during the presentation√ can be
                      captured on computer after the presentation. √
                   - Can be controlled by the touch of a finger √, so the presenter can
                      move away from the computer during the presentation. √
                   - Easy to combine√ with sound/other visual aids. √
                   - Useful to capture feedbacks/ and new ideas. √
                   - Any other relevant answer related to the positives/advantages of
                      interactive whiteboards/smart boards as a visual aid.

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Business Studies                                17                                     SEP 2019
                                                     AND/OR
                   Negatives/Disadvantages
                   - Can only be used by a presenter who knows √ the unique features of
                     the interactive whiteboard/smart boards and uses it to its full
                     potential.√
                   - Cannot be connected to any computer √ as a special software license
                     is needed to be able to use it. √
                   - Technical challenges may render it ineffective √, e.g. loss of signal
                     while using it. √
                   - Any other relevant answer related to the negatives/disadvantages of
                     interactive whiteboards/smart boards as a visual aid.
                                                                                           Max      (8)

         3.6.3     Factors to be considered during a presentation
                   - Establish credibility by introducing yourself as the presenter at the
                      start.√√
                   - Mention/Show most important information first.√√
                   - Make the purpose/main points of the presentation clear at the start of
                      the presentation.√√
                   - Use suitable section titles/headings/sub-headings/bullets.√√
                   - Summarise the main points of the presentation to conclude the
                      presentation.√√
                   - Stand in a good position/upright, where the audience can clearly see
                      the presenter/presentation.√√
                   - Avoid hiding behind equipment.√√ -
                   - Do not ramble on at the start, to avoid losing the audience/their
                      interest.√√
                   - Capture listeners' attention/Involve the audience with a variety of
                      methods, e.g. short video clips/sound effects/humour√√, etc.
                   - Maintain eye contact with the audience.√√
                   - Be audible to all listeners/audience.√√
                   - Vary the tone of voice/tempo within certain sections to prevent
                      monotony.√√
                   - Make the presentation interesting with visual
                      aids/anecdotes/examples/ Use visual aids effectively.√√
                   - Use appropriate gestures, e.g. use hands to emphasize points.√√
                   - Speak with energy and enthusiasm.√√
                   - Pace yourself/Do not rush or talk too slowly.√√
                   - Keep the presentation short and simple.√√
                   - Conclude/End with a strong/striking ending that will be
                      remembered.√√
                   - Ensure that the audience will leave with/take away specific
                      information/benefits.√√
                   - Include a statement/quote that will allow a professional/striking
                      ending.√√
                   - Manage time effectively to allow time for questions.√√
                   - Any other relevant answer related to factors to be considered during
                      a presentation.
                   NOTE:
                   Only accept factors to be considered DURING the presentation
                                                                                          Max       (8)
                                                                                                    [60]

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Business Studies                           18                                    SEP 2019
                                                       BREAKDOWN OF MARKS
                                                     QUESTION 3     MARKS
                                                         3.1           2
                                                         3.2           8
                                                        3.3.1          3
                                                        3.3.2         12
                                                        3.4.1          3
                                                        3.4.2          4
                                                        3.4.3          3
                                                        3.5.1          4
                                                        3.5.2          4
                                                        3.6.1          1
                                                        3.6.2          8
                                                        3.6.3          8
                                                       TOTAL          60

QUESTION 4: BUSINESS ROLES
 4.1     Economic rights of employees
         - No forced labour √
         - Free to accept/choose a job√
         - Fair salaries and wages/Equal pay √
         - Fair/Reasonable working hours √
         - Safe and healthy working conditions √
         - Right to form/belong to a trade union √
         - Right to participate in a legal strike √
         - Any other relevant answer related to the economic rights of employees.
         NOTE: 1. Mark the first THREE (3) only.                                (3 X 1)       (3)
 4.2     Ethics
               UNETHICAL
          BUSINESS PRACTICE          TYPES                RECOMMENDATIONS
                   4.2.1              4.2.2                         4.2.3
         Wants to have an         Sexual         -   Educate employees on sexual
         intimate relationship    harassment         harassment. √√
         with Ben in exchange     √√             -   Create a working environment
         for a promotion. √                          where all are respected. √√
                                                 -   Implement complaints and
                                                     disciplinary procedures. √√
                                                 -   Formulate a policy regarding sexual
                                                     harassment. √√
                                                 -   Internal investigation should be
                                                     made in order to determine the
                                                     seriousness of the harassment.√√
                                                 -   Serious matter should be reported
                                                     to SAPS. √√
                                                 -   Ensure compliance with the law /
                                                     business code of conduct. √√
                                                 -   Any other relevant strategy related
                                                     to how the business should deal
                                                     with sexual harassment.

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Business Studies                           19                                    SEP 2019
         Charney also uses the    Unauthorised - Conduct regular audits. √√
         company's petrol card    use of       - Create awareness on the impact of
         for personal trips. √    workplace      unauthorised use of resources. √√
                                  funds and    - Identify vulnerable areas like the
                                  resources √√   petrol card. √√
                                               - Combat misuse through internal
                                                 control. √√
                                               - Formulate a strategy for the correct
                                                 use of funds / resources and
                                                 communicate it to the workers. √√
                                               - Limit the number of employees that
                                                 have access to the petrol cards and
                                                 require slips from them. √√
                                               - Give a written warning to Charney
                                                 and refund it from her pay at the
                                                 end of the month. √√
                                               - Get a log book with time schedules
                                                 that must be signed by the
                                                 receiving company. √√
                                               - Put a monitoring GPS in the
                                                 delivery vehicles. √√
                                               - Any other relevant recommendation
                                                 regarding the misuse of funds /
                                                 resources.
         She is often absent     Abuse of      - Speak directly to employees who
         from work on Fridays. √ worktime√√      abuse work time. √√
                                               - Structure working hours that
                                                 employees have free / flexible time
                                                 for personal matters. √√
                                               - Formulate a policy for the correct
                                                 use of worktime. √√
                                               - Create a culture of work ethics and
                                                 team work in the workplace.√√
                                               - Any other relevant recommendation
                                                 regarding the abuse of worktime.
                         Max (3)       Max (6)                                 Max (6)

 4.3     Impact of Corporate Social Investment on a business
         Positives/Advantages
         - Businesses may attract experienced employees/increase the pool of skilled
            labour √ which could increase productivity. √
         - Positive/Improved image √ as the business looks after employees/conducts
            itself in a responsible way. √
         - May have a competitive advantaged, resulting in good publicity√ an improved
            reputation. √
         - Promotes customer loyalty √ resulting in more sales. √
         - CSI projects √ may be used as a marketing strategy to promote their
            products. √
         - Businesses enjoy(s) the goodwill/support √ of communities. √
         - CSI projects promote teamwork √ within businesses. √
         - CSI helps to attract investors√ because of increased profits/ income. √
         - Gives businesses tax advantages √ such as tax reduction/-rebates. √
         - Assists in solving socio-economic issues √ like poverty/ unemployment√, etc.
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