Business Studies Grade 11 March Test 2015 Paper & Memo

Downloaded from hlayiso.com KZN — DEPT. OF EDUCATION GREENBURY SECONDARY SCHOOL FIRST CONTROL TEST - 2015 BUSINESS STUDIES — GRADE 11 EXAMINER : R NAIDOO MARKS : 100 MODERATOR : R GOVENDER DURATION : ihr INSTRUCTIONS AND INFORMATION 1. This paper consists of _3_ printed pages. 2. There are 3 sections : SECTION A : Compulsory SECTION B : Consists of 3 questions. CHOOSE ANY TWO QUESTIONS. SECTION C : ESSAY question. Consists of 2 questions. CHOOSE ANY ONE QUESTION. 3. Use the SPECIAL ANSWER SHEET for Section A. » SECTION A QUESTION ONE : (20 marks) 1.1 State whether the following statements are TRUE or FALSE. If False, correct the underlined word/s to make it true. BRR eR BPR PE UO BRWNhNH Trace Unions form part of the market environment. The marketing function promotes a favourable image for the business. The ANC and its Youth League can be referred to as an alliance. A retailer of preserved foods falls under the secondary sector. The annual increase in the general price level of goods and services is called hedging. 1.2 Choose the correct word/s from those given in brackets. Write only the correct word/s. 1.2.1 1.2.2 1.2.3 1.2.4 1.2.5 The (macro/market) environment consists of variables such as political, economic, social,etc. (Nhlanhla Nene/Lesetja Nkanyago) is the Minister of Finance. People owning Grimm Brothers are called (partners/shareholders). (Networking/Power relationships) involves groups and individuals who exchange information and make contacts. The commercial banks lending rates is called the (prime/repo) rate. P.T.O/SECTION B.... Page 1 of3

Downloaded from hlayiso.com SECTION B CHOOSE ANY TWO QUESTIONS FROM THIS SECTION QUESTION TWO : (20 marks) 2.1 READ THE FOLLOWING STATEMENTS AND PLACE THEM IN THE CORRECT ENVIRONMENT (MICRO; MARKET; MACRO) 2.1.1 Vodacom, MTN report to Competition Board 2.1.2 Government announces increase in petrol price. 2.1.3 New machinery improves quality. 2.1.4 HIV/Aids policies threaten labour force. 2.1.5 Cheap imports affect local factories. (5) 2.2 List the PORTERS Five Forces that business need to overcome in order to succeed (10) 2.3 Identify the FIVE(5) challenges in the Micro Environment (5) QUESTION THREE : (20 marks) 3.1 What is Intellectual Property? (2) 3.2 List and explain the THREE(3) Solutions to Piracy (6) 3.3 What is Dumping? (2) 3.4 What threat does Dumping pose to a business? (3) 3.5 Explain the basic procedure to be followed before a strike can take place? (4) 3.6 List any THREE(3) Role Players in labour relations (3) QUESTION FOUR : (20 marks) 4.1 IDENTIFY THE SECTORS TO WHICH THE FOLLOWING ACTIVITES BELONG TO (PRIMARY; SECONDARY; TERTIARY) 4.1.1 A doctor taking care of his patient 4.1.2 Diamond mining in Kimberley 4.1.3 Deep sea fishing 4.1.4 Yoghurt factory 4.1.5 A person selling DVD (5) 4.2 REDRAW AND COMPLETE THE TABLE PARTNERSHIP CLOSE CORPORATION NO, OF OWNERS NAME ENDING LIABILITY CONTINUITY SOEs core) TAXATION (10) 4.3 List FIVE(5) Disadvantages of a Sole Trader (5) Page 2 of 3

Downloaded from hlayiso.com SECTION C : ESSAY CHOOSE ANY ONE QUESTION FROM THIS SECTION QUESTION FIVE : (40 marks) “Industrial disputes may lead to industrial action in the form of strikes, lockouts and go-slows. Trade unions balance the power between employees and employers by using collective bargaining.” Discuss TRADE UNIONS under the following headings : Definition of Trade Unions History of Trade Unions Role of Trade Unions Functions of the Trade Unions (40) QUESTION SIX : (40 marks) “There are many socio-economic issues that impact on operations and productivity.” Discuss the following socio-economic issues that affect business : Inflation Piracy Sexual Harassment Corruption Mismanagement of funds Illiteracy Lack of Skills (40) TOTAL = 100 GREENBURY SECONDARY SCHOO! DEPARTMENT OF COMMERCE H.0.0,-MR8 6 MAHARAJ Page 3 of 3

Downloaded from hlayiso.com

- + Bus: OT. — Genii QUESTION THREE SECTION A 3.1 INTELLce TUAL PROPERTY QUESTION ONE ; . vee . * Assets that are creations of the mine and recognised by law as having La value and benefit to the creator, “/ 2 111 TRUE W/ 3.2 SOLUTIONS TO PIRACY 112 FALSE“PUBLIC RELATIONS 1i3 TRUE 7 1. Copyright / * Protects the IP so that artistic creations and written, recorded or filmed 11.4 FALSET 4. LSE.YTERTIARY / ideas cannot be copied or pirated by others, 1.1.5 FALSE.“INFLATION / £ 2. Patent vA (eo) 1.2 i « Isacertificate that verifies that an invention is new or novel and is (©) 121 MACRO WY protected from piracy. / ° 1.2.2 NHLANHLA NENE {o) ; $y PARTNER Wd 3. Trademark J n an ERS Ww * Isa sign, logo or graphic representation that is used to distinguish one > 1.2.4 NETWORKING V/ . brand from another. — / 6 | 1.2.5 PRIME W/ == my) 3.3 DUMPING <x * The act of flooding the market illegally with cheap goods, v/ z 20 GREENBURY SECONDARY SCHOGi = | 20 HOD MRSC moet 3.4 Dumping is unethical because goods are sold at extremely low prices making eeu it difficult for local manufacturers to compete. They will lose market [o) a , share, The business may become redundant. My 3 Co. soe ay ee a — SECTION B 3.5 PROCEDURE FOR STRIKE xo} * CCMA will issue a certificate confirming that a dispute remains 0) 3 PESTION Two unresolved, : A strike b i 30 days after th ‘tificate has been re} Zit Marker V . A strl 2 may be organised only lays after the certific ¥; . (4) 2412 Macro J e Union must provide 48 hours notice to the employer that they: intend to ro) 213 Micro/Aacro strike, J — 2.1.4 Macro a « Anemployer must also give 48 hours notice if they intend to lockout. ng 215 Macro Vv s 3.6 ROLE PLAYERS IN LABOUR RELATIONS ro) 2.2 J « The state * Power of suppliers ~/ © The employer / QO * Powerof buyers WwW ® The employee 3 * Newentrants v/ * Trade Union ¢ Competitive rivalry V/ ° Substitut vf io ute products — QUESTION FOUR 4a 2.3 Difficult employees Vv * Lack of vision and mission / «Lack of management skilis “ * Unions J a 20 * Strikes and go-slows / — 441 Tertiary / 412 Primary / 4.1.3 Primary / 4.14 Secondary / 2 4.15 Tertiary /

F° 32 L- 2 evesrion ave: k- 2 S og A z Oo £0 VS INTRODUCTION e otrade unions are employee organisations thet balance the power between workers 2 bargaining. ers rights, regoticre for worker's using collective | disputes. ion and represent workers: in industpi is LY and employers by using collectiv + Traditionally, unions protect wor bargaining , organise industrial a¢ Boby DEFINITION oF TRAE INIQNS T rhe trade unions will cepresent the best interests of negotiate working conditions, wage increases and esp lective b: aay GEES Gnd polact te rants of te wembers 1 members workers and will ment contracts through 2. HES TORY OF TRADE UNEONS > When many people started migrating to cities to Find work, and women and children rst Trade unions were created, LP also entered the workforce, the The reason for this was shat these workers had very few s ‘1 ong yere abused and exploited. . ta = “Their working conditions were poor, with unsafe work ervieanmens, disease, long 4 hours and very little poy. + To protect themselves and the very first union. = They started to negotiate yo gain mare power, workers joined cagyst employers in for workers’ rights end minimum safety regulations. ROLES OF TRADE UNIONS juence labour relations. a. ® The main role of trede unions is teint | the traditional role of trade unions ig to use collective barggiging Yo ensure fair labour practices. y, 2 Unions also have an important po + They protect workers agains inflation by bergaining for annual increases. aS 4, FUNCTZONS OF TRADE UNIONS cease carer info collective bargaining agreements on behalf of employe « Toadvise employers on their human resource po cies and practices. Z «To formulate and represent workers rights a7 ‘statutory level Le + To promote greater participation of workers in management decisions. 4 _ © To organise strikes and offer industrial action Fo, strengthen the demangs of : Za utes and grievances with their employers. their members and their children . es." workers. eo” Te represent workers in disp © To ensure the welfare and education of CONCLUSION mers own mespons]- af ; o a earn TNS OF SURES a5 ae 2. NAME ENDING No specific name endir i io specific nama ending Must end with 3. LABILITY Unlimited Ligiited « , 4. CONTINUITY Lacks continut v Has continuity 5. TAXATION Personal capacity Companys tx ie 4.3 DISDVANTAGES OF A SOLE TRADER + Lacks continuity 7 + Lack of capital v + One person makes all de ° Cash flow is problem \w 20 WESTION. SIX ENTRODUCTION + The world + i i oe wor today is more challenging as a business environment than ever bef: @ reasons for ongoing change is social transformation. LL, “ BODY 1, INFLATION * Inflation poses a chailenge to productivity because ni # ts of lenge to productivity b. “al ser | ' y because pease he costs of raw = This puts pre puis pressure on business to be more productive ih order to save costs. // 2. PIRACY * Piracy occurs when the IP of g business is copied by someone else without permission. if 2 This i igi is causes a huge joss to the original owner and may cause damage to the vaiu e of the IP. “/ 3. SEXUAL HARASSMENT cer take the form of sexual comments, touching, ete ° 4 gender, & Tr reduces employee motivation and causes strained relationships. 7” 4, CORRUPTION * Occurs when two parties enter into an illegal but mutually beneficial agreement.” + Undermines the business practice and prevents fair competition, Z . OS 5. MISMANAGEMENT OF FUNDS: * Tris criminal offence which usually involves fraud. a + Causes a business to lose « large amount of money. JS 6. ILLITERACY + Means the inability to read and write G * They find themselves in a pover f hed employee poveriy trap because fey lack skill that will make 7. LACK OF SKILLS TI . : [ns probien in SA is not the lack of jobs, but rather the lack of ski 2 ack of skills slows down the development of new products, processes and employees. 4 CONCLUSION caapr te then. Dusngss needs to learn to