# Business Studies Grade 12 P2 Gauteng Mock 2022 Memo (Afr) > Grade 12 Business Studies Paper 2 memorandum from the Gauteng Mock Exam 2022 (Afrikaans), 35 pages. Read online or download the free PDF. - Page: https://www.hlayiso.com/library/gr12-business-studies-p2-afrikaans-sep-2022-possible-answers/c49b33ac-7628-4906-be12-4b477a053690 - Updated: 2026-09-27 - Subject: Business Studies - Grade: Grade 12 - Language: Afrikaans - Document type: Memorandum - Year: 2022 - Exam period: Gauteng Mock Exam - Paper: 2 - Curriculum: CAPS - Pages: 35 Breadcrumbs: [Home](https://www.hlayiso.com/) › [Library](https://www.hlayiso.com/library) › [Grade 12](https://www.hlayiso.com/library/grade-12) › [Business Studies](https://www.hlayiso.com/library/grade-12/business-studies) › [Business Studies Grade 12 P2 Gauteng Mock 2022 Memo (Afr)](https://www.hlayiso.com/library/gr12-business-studies-p2-afrikaans-sep-2022-possible-answers/c49b33ac-7628-4906-be12-4b477a053690) ## About this document Business Studies · Grade 12 · Gauteng Mock Exam · 2022 · Afrikaans. Memorandum, 35 pages. Read online or download the PDF. Read it free online on the page above; download the PDF from there. ## Document text Text extracted from the PDF. Layout, diagrams and tables may not survive extraction. ### Page 1 Downloaded from hlayiso.com PREPARATORY EXAMINATION 2022 MARKING GUIDELINES BUSINESS STUDIES PAPER 2 (10722) 34 pages + 1 addendum ### Page 2 Downloaded from hlayiso.com 10722/22 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) To facilitate the moderation of candidates' scripts at the different levels (c) To streamline the marking process considering the broad spectrum of markers across the entire province (d) To implement appropriate measures in the teaching, learning and assessment of the subject at schools/institutions of learning 1. For marking and moderation purposes, the following colours are recommended: Marker: Red Senior Marker/HOD Black 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 marking guidelines • Comes from another source • Is original • Uses a different approach NOTE: There is only ONE correct answer to questions 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 words '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/moderation purposes. 7. Sub-totals to questions must be written in the right-hand margin. Circle the sub- totals 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. 2 ### Page 3 Downloaded from hlayiso.com 10722/22 8. In an indirect question, the theory as well as the response must be relevant and related to the question. 9. Correct numbering of answers to questions or sub-questions is recommended in SECTIONS A and B. However, if the numbering is incorrect, follow the sequence of the candidate's responses. Candidates will be penalised if the latter is not clear. 10. No additional credit must be given for merely repeating facts. Indicate with an 'R'. 11. The differentiation between 'evaluate' and 'critically evaluate' can be explained as follows: 11.1 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.'√ 11.2 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: 1. The above could apply to 'analyse' as well. 2. Note the placing of the tick (√) in the allocation of marks. 12. The allocation of marks must be informed by the nature of the question, cognitive verb used, the mark allocation in the marking guidelines and the context of each question. Cognitive verbs, such as: 12.1 Advise, name, state, mention, outline, motivate, recommend, suggest, (list not exhaustive) do not usually require much depth in candidates' responses, therefore the mark allocation for each statement/answer appears at the end. 12.2 Define, describe, explain, discuss, elaborate, distinguish, differentiate, compare, tabulate, analyse, evaluate, critically evaluate (list not exhaustive) require a greater depth of understanding, application and reasoning, therefore the marks must be allocated more objectively to ensure that assessment is conducted according to established norms so that uniformity, consistency and fairness are achieved. 13. Mark only the FIRST answer where candidates offer more than one answer for questions in SECTIONS B and C which require one answer. 3 ### Page 4 Downloaded from hlayiso.com 10722/22 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. NOTE: 1. This applies only to questions where the number of facts is specified. 2. The above also applies to responses in SECTION C (where applicable). 14.2 If two facts are written in one sentence, award the candidate FULL credit. Point 14.1 still applies. 14.3 If candidates are required to provide their own examples/views, brainstorm this at the marking centre to finalise alternative answers. 14.4 Use of the cognitive verbs and allocation of marks: 14.4.1 If the number of facts is 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 guideline. 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 (where applicable). 15. SECTION C 15.1 The breakdown of the mark allocation for the essay-type questions is as follows: Introduction Content Maximum: Conclusion 32 Insight 8 TOTAL 40 4 ### Page 5 Downloaded from hlayiso.com 10722/22 15.2 Insight consists of the following components: Layout/Structure Is there an introduction, paragraph and a conclusion? 2 Analysis and Is the candidate able to break down the question into 2 interpretation headings/subheadings/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? Option 1: Only relevant facts: 2 marks (No '-S') Where a candidate answers 50% or more (two to four sub-questions) 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: Some relevant facts: 1 mark (One '-S') Where a candidate answers less than 50% (only one sub-question) 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: Some relevant facts: 1 mark (One '-S') Where a candidate answers FOUR sub- questions, but one/two/three sub-questions with no relevant facts; one '-S' appears in the left margin. Award a maximum of ONE (1) mark for synthesis. Option 4: No relevant facts: 0 mark (Two '-S') Where a candidate answers less than 50% (only one sub-question) of the questions with no relevant facts; two '-S' appears in the left margin. Award a ZERO mark for synthesis. Originality Is there evidence of one example per topic/subtopic based 2 on recent information, current trends, and developments? TOTAL FOR INSIGHT: 8 TOTAL FOR FACTS: 32 TOTAL MARKS FOR ESSAY (8 + 32): 40 NOTE: 1. No marks will be awarded for content 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 awarded for layout, if the headings INTRODUCTION and CONCLUSION are not supported by an explanation. 5 ### Page 6 Downloaded from hlayiso.com 10722/22 15.3 Indicate insight in the left-hand margin with a symbol e.g., 'L, A, -S and/or O'. 15.4 The breakdown of marks is indicated at the end of the suggested answer/ marking guideline to each question. 15.5 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 but continue reading for originality 'O'. 15.6 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 indicated in the table below. CONTENT MARKS Facts 32 (max.) L 2 A 2 S 2 O 2 TOTAL 40 15.7 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.) 15.8 If the candidate identifies/interprets the question INCORRECTLY, then he/she may still obtain marks for layout. 15.9 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. 15.10 15.10.1 Award TWO marks for complete sentences. Award ONE mark for phrases, incomplete sentences and vague answers. 15.10.2 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. 15.11 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. 6 ### Page 7 Downloaded from hlayiso.com 10722/22 SECTION A (COMPULSORY) QUESTION 1 1.1 Multiple-choice 1.1.1 C 1.1.2 B 1.1.3 D 1.1.4 A 1.1.5 C (5 x 2) (10) 1.2 Completion of sentences 1.2.1 state-owned  1.2.2 written  1.2.3 aggressive  1.2.4 performing  1.2.5 employee  (5 x 2) (10) 1.3 Match columns 1.3.1 I  1.3.2 F  1.3.3 A  1.3.4 H  1.3.5 J  (5 x 2) (10) TOTAL SECTION A: 30 BREAKDOWN OF MARKS QUESTION 1 MARKS 1.1 10 1.2 10 1.3 10 TOTAL 30 7 ### Page 8 Downloaded from hlayiso.com 10722/22 SECTION B Mark the FIRST TWO questions in this section QUESTION 2: BUSINESS VENTURES 2.1 Examples of long-term insurance • Endowment policy  • Life cover policy/Life insurance  • Retirement annuity/Pension fund/Provident fund  • Disability policy  • Trauma insurance  • Funeral insurance  • Health insurance/Medical aid  (Any other relevant answer related to the examples of long-term insurance) NOTE: Mark the first THREE (3) only. (3 x 1) (3) 2.2 Difference between management and leadership MANAGEMENT LEADERSHIP Guides human behaviour.  Influences human behaviour.  Communicates through management Communicates by means of interaction/ functions, e.g. line function.  behaviour/vision/values/ charisma.  Administers plans/programs/tasks to reach Innovates/Encourages new ideas to increase targets.  productivity.  Controls systems and procedures to get the Inspires staff to trust and support each job done.  another.  Focuses on how and when.  Focuses on what and why.  Focuses on the bottom line to make short/ Focuses on the horizon to take long term medium/long term decisions.  decisions.  A person becomes a manager because of the Leaders are born with natural/ instinctive position in which he/she is appointed.  leadership skills.  Manages the process of getting things done by Guides/Leads people to become active exercising responsibility.  participants.  Managers have power because of the position A leader has power/influence because of of authority into which they are appointed.  his/her knowledge/skills/ intelligence.  Enforces rules on subordinates/Ensures that Always trying to find more efficient ways of tasks are completed.  completing tasks.  Instructional in their approach.  Motivational/Inspirational in their approach.  Task orientated.  People orientated.  Manages by planning/organising/leading/ Leads by example/trust/respect.  control.  Does things right.  Does the right things.  (Any other relevant answer related to (Any other relevant answer related to management) leadership) Sub max. (2) Sub max. (2) 8 ### Page 9 Downloaded from hlayiso.com 10722/22 NOTE: 1. The answer does not have to be in a tabular format, but the difference must be clear. 2. The difference does not have to link but must be clear. 3. Award a maximum of TWO (2) marks if the difference is not clear./Mark either management or leadership only. Max. (4) 2.3 Leadership 2.3.1 Leadership style from the scenario Autocratic/Transactional  (2) Motivation: The management of HA ensures that communication is clear so that their employees know exactly what to do.  (1) NOTE: 1. Award marks for the correct leadership style even if the motivation is incomplete. 2. Do not award marks for the motivation if the leadership style was incorrectly identified. Max. (3) 2.3.2 Advantages of the autocratic leadership style • Quick decisions can be taken  without consulting/considering followers/ employees.  • Work gets done  in time/on schedule.  • Direct supervision and strict control  ensure high quality products/ service. • Line of command/communication is clear as it is top-down/ followers know exactly what to do.  • 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.  (Any other relevant answer related to the advantages of the autocratic leadership style) Advantages of the transactional leadership style • Encourages employees to work hard because they will receive rewards. • Improves employees' productivity and morale.  • The goals and objectives of the business can be achieved  as workers are motivated.  • Disciplinary action proceduresare well communicated.  (Any other relevant answer related to the transactional leadership of the autocratic leadership style) NOTE: Do not award marks for responses that were quoted in question 2.3.1. Max. (4) 9 ### Page 10 Downloaded from hlayiso.com 10722/22 2.4 Impact of handouts as a visual aid Positives/Advantages • Meaningful handouts may be handed out at the start of the presentation  to attract attention/encourage participation.  • Notes/Hard copies of the slide presentation can be distributed at the end of the presentation  as a reminder of the key facts of the presentation.  • It is easy to update handouts  with recent information/developments.  • Notes may be compared with electronic slides  to validate the accuracy of the information.  • Extra information, e.g. contact details/price lists may be handed out  to promote the services of the business.  • Useful information for improving the next presentation may be obtained , when the audience completes feedback questionnaires after the presentation.  (Any other relevant answer related to the positive impact/advantages of handouts as a type of visual aid) AND/OR Negatives/Disadvantages • Handing out material at the start of the presentation  may distract/lose audience attention.  • As it only summarises key information , some details might be lost/omitted.  • Printed material is expensive  and it is easy to lose hard copies.  • Increases the risk of unauthorised duplication  use of confidential information.  • Handouts cannot be combined with audio material , it only focuses on the visual aspects of the support material.  (Any other relevant answer related to the negative impact/disadvantages of handouts as a type of visual aid) Max. (6) 10 ### Page 11 Downloaded from hlayiso.com 10722/22 2.5 Factors to be considered while presenting 2.5.1 Factors to be considered while presenting from the scenario • Buyi used appropriate gestures to emphasise her points  • She also kept the presentation short and simple.  NOTE: 1. Mark only the first TWO (2) answers. 2. Only award marks for responses quoted from the scenario. (2 x 1) (2) 2.5.2 Responding to questions after a presentation in a non-aggressive and professional manner • Buyi should stand  throughout the feedback session.  • She should first listen  and then respond.  • Be polite/confident/courteous  when responding to questions.  • Ensure that each question/comment is clearly understood before  responding/re-phrase questions if uncertain.  • Keep answers short √ and to the point.  • Be direct/honest/sincere√ when responding to questions.  • Always address the questions √ and not the person.  • Encourage questions √ from the audience/investors.  • Acknowledge good questions  to motivate audience to ask more questions.  • Provide feedback as soon as possible  after the question was asked or after the session.  • Use simple language  to support the examples used in the presentation.  • Apologise/acknowledge her errors/mistakes  if pointed out by the audience.  • Buyi should not involve herself in a debate  when responding to questions.  • The presenter should not avoid the questions if he/she does not know the answer,  but rather promise feedback on it at a later stage.  • Address the full audience/investors  and not only the person who posed the question.  (Any other relevant answer related to how Buyi/the presenter should handle questions after a presentation in a non-aggressive and professional manner)Max. (6) 11 ### Page 12 Downloaded from hlayiso.com 10722/22 2.6 Principle of insurance 2.6.1 Security/Certainty  • Applies to long-term insurance where the insurer undertakes to pay out an agreed upon amount in the event of loss of life.  • A predetermined amount will be paid out when the insured reaches a predetermined age/or gets injured due to a predetermined event.  • Aims to provide financial security to the insured at retirement/the dependents of the deceased.  (Any other relevant answer related to security/certainty as a principle of insurance) Principle: (2) Discussion: (1) Sub max. (3) 2.6.2 Indemnification/Indemnity  • Usually applies to short term insurance, as the insured is compensated for specified/proven harm/loss.  • The insured may not profit from insurance.  • Insurer agrees to compensate the insured for damages/losses specified in the insurance contract, in return for premiums paid by the insured to the insurer.  • Protects the insured against the specified event that may occur.  • Pay-outs from insurance companies/insurer will only be made, if there is proof that the specified event took place/if the insured can prove the amount of the loss/damage.  • The amount of indemnification/compensation is limited to the amount of provable loss/damage, even if the amount in the policy/insurance contract is higher.  • The insured must be placed in the same position as before the occurrence of the loss/damage.  (Any other relevant answer related to indemnification/indemnity as a principle of insurance) Principle: (2) Discussion: (1) Sub max. (3) 2.6.3 Insurable interest  • The insured must prove that he/she will suffer a financial loss if the insured object is damaged/lost/ceases to exist.  • An insurable interest must be expressed in financial terms.  • The insured must have a legal relationship with the insured object in the contract.  (Any other relevant answer related to insurable interest as a principle of insurance) Principle: (2) Discussion: (1) Sub max. (3) 12 ### Page 13 Downloaded from hlayiso.com 10722/22 2.6.4 Utmost good faith  • The insured has to be honest in supplying details when entering into an insurance contract.  • Both parties/The insurer and the insured must disclose all relevant facts.  • The insured must disclose everything that may affect the extent of the risk.  • Details/Information supplied when claiming should be accurate/true.  (Any other relevant answer related to utmost good faith as a principle of insurance) Principle: (2) Discussion: (1) Sub max. (3) NOTE: Mark the first TWO (2) only. Max. (6) 2.7 The impact of non-profit companies Positives/Advantages • Proceeds/surplus funds are used solely for the primary objective of the organisation/further the goals of the business.  • They provide social services to various communities,  such as providing fully trained guide dogs to blind people or disabled people.  • Donors receive tax deductions which motivates them to invest in a non-profit company.  • They provide social services to various communities.  • The liability of the members is limited the organisation and not its members is responsible for the debts.  • Has continuity of existence even if its members retire.  • Most of the income of a non-profit company  is free from income taxes.  • Surplus of income is retained  to further the goals of the business.  • Can receive government funding/grants/aid to render their services.  (Any other relevant answer related to positive impact/advantages of non-profit companies) AND/OR 13 ### Page 14 Downloaded from hlayiso.com 10722/22 Negatives/Disadvantages • Needs professional assistance  to set up this organisation.  • Does not generate enough capital  to cover their expenses.  • Donations,  are not always enough to finance the cost of the business.  • Assets are not distributed to the members  upon closing down.  • Creating a non-profit company takes time /effort/money . • Obtaining grants can be a slow  and tiring process.  • Incorporators cannot take along the assets accumulated by the NPC  if they decide to leave.  • They are not allowed to pay bonuses  to members.  (Any other relevant answer related to negative impact/disadvantages of non-profit companies) Max. (6) [40] BREAKDOWN OF MARKS QUESTION 2 MARKS 2.1 3 2.2 6 2.3.1 3 2.3.2 4 2.4 6 2.5.1 2 2.5.2 4 2.6 6 2.7 6 TOTAL 40 14 ### Page 15 Downloaded from hlayiso.com 10722/22 QUESTION 3: BUSINESS ROLES 3.1 Components of CSR • Environment  • Ethical corporate social investment  • Health and safety  • Corporate governance  • Business ethics  • Employment equity  • Supply chain/Distribution channel  • Employees and customers  • Community  NOTE: Mark the first FOUR (4) only. (4 x 1) (4) 3.2 Ways in which professional, responsible, ethical, and effective business practice should be conducted • Mission statement should include values of equality/respect.  • Treat workers with respect/dignity by recognising work well done.  • Treat all their employees equally, regardless of their race/colour/age/gender/ disability etc.  • All workers should have access to equal opportunities/positions/resources.  • Plan properly and put preventative measures in place.  • Pay fair wages/salaries which is in line with the minimum requirements of the BCEA/Remunerate employees for working overtime/during public holidays.  • Ensure that employees work in an environment that is conducive to safety/ fairness/free from embarrassment.  • Refrain from starting a venture using other businesses' ideas that are protected by law.  • Engage in environmental awareness programmes/Refrain from polluting the environment, e.g. by legally disposing of toxic waste.  • Employers and employees need to comply with legislation regarding equal opportunities/human rights in the workplace.  • Businesses should develop equity programmes/promote strategies to ensure that all employees are treated equally regardless of status/rank/power.  • Training/Information/Business policies should include issues such as diversity/ discrimination/harassment.  • Employers should respond swiftly and fairly to reported incidents of discrimination in the workplace.  • Orders/Tasks should be given respectfully and allow the recipient/employee to have a say in the manner in which the task should be performed.  • Business decisions and actions must be clear/transparent to all stakeholders. • Businesses should be accountable/responsible for their decisions and actions/ patent rights.  15 ### Page 16 Downloaded from hlayiso.com 10722/22 • Hire honest/trustworthy accountants/financial officers with good credentials.  • Regular/Timeous payment of taxes.  • Draw up a code of ethics/conduct.  • On-going development and training for all employees.  • Performance management systems/Appraisals should be in place.  • Adequate internal controls/monitoring/evaluation.  (Any other relevant answer related to ways in which professional, responsible, ethical and effective business practice should be conducted) NOTE: Mark the first TWO (2) only. (2 x 2) (4) 3.3 Human rights Human rights from the scenario HUMAN RIGHTS MOTIVATIONS 1. Privacy  The management of Boitumelo Traders keeps the information of their employees confidential.  2. Dignity  BT treats all employees with respect regardless of their socio-economic status.  Sub max. (4) Sub max. (2) NOTE: 1. Mark the first TWO (2) only. 2. Award marks for human rights even if the quote are incomplete. 3. Do not award marks for the motivations if human rights were incorrectly identified. 4. Accept responses in any order. Max. (6) 3.4 Causes of conflict in the workplace • Lack of proper communication/misunderstanding  between management and workers.  • Ignoring rules/procedures may result  in disagreements/difference in opinions and conflict.  • Management and/or workers may have different  personalities/ backgrounds.  • Different values/levels of knowledge/skills/experience  of managers/ workers.  • Little/No co-operation  between internal and/or external parties/ stakeholders.  • Lack of recognition for good work , e.g. a manager may not show appreciation for extra hours worked to meet deadlines.  • Lack of employee development  may increase frustration levels as workers may repeat errors due to a lack of knowledge/skills.  • Unfair disciplinary procedures , e.g. favouritism/nepotism.  • Little/No support from management  with regard to supplying the necessary resources and necessary guidelines.  • Leadership styles used√  e.g. autocratic managers may not consider worker inputs.  16 ### Page 17 Downloaded from hlayiso.com 10722/22 • Unrealistic deadlines/Heavy workloads  lead to stress resulting in conflict.  • Lack of agreement on mutual matters , e.g. remuneration/working hours.  • Unhealthy competition/Inter-team rivalry  may cause workers to lose focus on team targets.  • Constant changes  can cause instability.  • Lack of clarity  regarding employee’s roles and responsibilities.  • Lack of commitment/Distracted by personal objectives  which may lead to an inability to meet pre-set targets.  • Complaints/criticism of performance/behaviour/attitudes may result  in resentment between the employer and employee.  • Poor organisation/leadership/procedures  resulting in confusion regarding setting targets.  (Any other relevant answer related to the causes of conflict in the workplace) Max. (6) 3.5 Dealing with pricing of goods in rural area • A business may lobby with other businesses in the area  to convince government to improve infrastructure in the rural area.  • Charge fair/market related prices  for goods and services.  • Avoid unethical business practices  to attract customer loyalty.  • Investigate cost-effective ways of transporting products. /Hire a large truck to combine deliveries to shop-owners in the same area.  • Work together with suppliers  to share delivery costs to remote rural areas.  • Businesses can buy in bulk  to get a discount to avoid charging high prices.  (Any other relevant answer related to ways in which businesses can deal with pricing of goods in rural areas as an unethical business practice) Max. (6) 3.6 Importance of team dynamic theories in improving team performance 3.6.1 Importance of team dynamic theories in improving team performance from the scenario • He allocates tasks according to the role of each team member.  • Rodney knows that team members with similar strengths may compete for team tasks.  NOTE: Only award marks for responses that are quoted from the scenario. (2 x 1) (2) 17 ### Page 18 Downloaded from hlayiso.com 10722/22 3.6.2 Other reasons for the importance of team dynamic theories in improving team performance • Team dynamic theories explain how effective teams work/operate.  • Team members can maximise performance as tasks are allocated according to their abilities/skills/attributes/personalities.  • Team dynamic theories assist team leaders to better understand the personality types of team members so that tasks are assigned more effectively.  • Conflict may be minimised when team members perform different roles/tasks.  (Any other relevant answer related to other importance of team dynamic theories in improving team performance) NOTE: Do not award marks for responses that are quoted in QUESTION 3.6.1. Max. (4) 18 ### Page 19 Downloaded from hlayiso.com 10722/22 3.7 Distinction between corporate social responsibility (CSR) and corporate social investment (CSI) CORPORATE SOCIAL CORPORATE SOCIAL INVESTMENT RESPONSIBILITY - The intention is to change  - Actively committing money and business practices.  resources  to uplift the community.  - Focus is on increasing image  and - Focus is on the upliftment of profits.  community  without return on investment.  - Ensure that all internal CSI policies/ - Ensures that CSI projects are practices  include stakeholders' relevant  to the needs of interests/environmental issues.  communities.  - Often intended as a marketing  - Intended to benefit and uplift initiative.  communities  through social development.  - Projects are usually linked to the - Projects are external to the business , e.g. a manufacturing business  and have a strong business offering to train the developmental approach.  unemployed.  (Any other relevant answer related to (Any other relevant answer related to corporate social responsibility) corporate social investment) Sub max. (4) Sub max. (4) NOTE: 1. The answer does not have to be in a tabular format. 2. The distinction does not have to link but must be clear. 3. Award a maximum of FOUR (4) marks if the distinction is not clear./Mark either CSR or CSI only. Max. (8) (40) BREAKDOWN OF MARKS QUESTION 3 MARKS 3.1 4 3.2 4 3.3 6 3.4 6 3.5 6 3.6.1 2 3.6.2 4 3.7 8 TOTAL 40 19 ### Page 20 Downloaded from hlayiso.com 10722/22 QUESTION 4: MISCELLANEOUS TOPICS BUSINESS VENTURES 4.1 The meaning of debentures • It is issued to raise borrowed capital  from the public.  • The lender/debenture holder agrees to lend money to the company on certain conditions for a certain period.  • Debenture holders are creditors,  as the company is liable to repay the amount of the debentures.  • Most types of debentures can be traded  on the JSE.  • Debenture holders receive annual interest payments  based on the terms/amount of debentures held.  (Any other relevant answer related to the meaning of debentures) Max. (2) 4.2 Advantages of a private company • Shareholders can vote for/appoint the most capable directors to manage their company.  • A company has continuity of existence.  • Own legal identity and shareholders have no direct legal implications/limited liability.  • Managed at least by one competent highly skilled director.  • Large amount of capital can be raised since there is no limit on the number of shareholders.  • The company can access long term capital and therefore has good long term growth opportunities.  • Even though shares are not freely transferable, large private companies can raise a considerable amount of capital.  • Not required to file annual financial statements with the commission.  • It is possible to sell a private company as it is a legal entity in its own right.  • The management of the company can improve since directors are accountable to shareholders.  (Any other relevant answer related to the advantages of a private company) Max. (4) 20 ### Page 21 Downloaded from hlayiso.com 10722/22 4.3 Forms of ownership How taxation contributes to the success and/or failure of a partnership SUCCESS AND/OR FAILURE Taxation - Partnerships only pay - High earning partners pay VAT on relevant more tax , which may products sold/services discourage other partners rendered  which from joining the reduces tax partnership.  administration.  - The partnership does - Partners may withdraw not pay income tax , more cash to reduce their only the partners in their tax burden  which may personal capacities.  cause cash flow problems for the partnership.  (Any other relevant answer (Any other relevant answer related to the contribution of related to the contribution of taxation to the success of a taxation to the failure of a partnership) partnership) NOTE: 1. The answers do not have to be in tabular format. 2. Mark either the success and/or failure. Max. (4) 4.4 Simple and compound interest 4.4.1 Simple interest (Ray bank) Option 1 Formula: interest = p x r x t  R6 000 x 7/100 x 24/12  R840  OR Option 2 R6 000 x 7/100  x 24/12  R840  NOTE: 1. Award full marks (3) if the answer is correct and no workings are shown. 2. If formula and workings were shown correctly, but the final answer is wrong, award a maximum of TWO (2) marks. 3. If the workings and the answer are incorrect, award a maximum of ONE (1) mark for the correct formula. Max. (3) 21 ### Page 22 Downloaded from hlayiso.com 10722/22 4.4.2 Compound interest (Lam Bank) Option 1 FORMULA: P x (1 + r) n  R6 000 x (1+7/100)2  R6 000 x (1.0.7)2 =R6 869,40 Total interest = R6 869,40 – R6 000  = R869,40  Option 2 Year 1: R6 000 x 7% = R420  Year 2: R6 420  x 7% = R449,40  Total interest = R 6 869.40 – R6 000  = R869,40  NOTE: 1. Award full marks (4) if the answer is correct and no workings are shown. 2. If formula and workings were shown correctly, but the final answer is wrong, award a maximum of THREE (3) marks. 3. If the workings and the answer are incorrect, award a maximum of ONE (1) mark for the correct formula. Max. (4) 4.4.3 Best investment option Compound interest  (2) Motivation Compound interest yields a higher interest (R869,40), R29,40 more than (1) simple interest./Mandy earns interest on interest accrued.  NOTE: Do not award marks for motivation if the best investment option is not mentioned. Max. (3) 22 ### Page 23 Downloaded from hlayiso.com 10722/22 BUSINESS ROLES 4.5 King Code principles from the scenario KING CODE PRINCIPLES MOTIVATIONS 1 Transparency  The employees of NTL are aware of the employment policies of the business.  2 Accountability  They also presented accurate reports to shareholders at the Annual General Meeting.  Sub max. (4) Sub max. (2) NOTE: 1. Mark the first TWO (2) only. 2. Award marks for King Code principle even if the quotes were incomplete. 3. Do not award marks for the motivations if King Code were incorrectly identified. 4. Accept responses in any order. Max. (6) 4.6 Diversity issues from the scenario 4.6.1 Race  (2) 4.6.2 Culture/religion  (2) 4.7 Role of health and safety representatives in protecting the workplace environment • Identify potential dangers  in the workplace.  • Investigating workers’  complaints.  • Ensure that employers comply  with COIDA.  • Ensure that protective clothing is provided/available  to all workers.  • Promote safety training  so that employees may avoid potential dangers/ act pro-actively.  • Ensure that all equipment that is necessary to perform work  are provided/ maintained regularly.  • Ensure that dangerous equipment is used under the supervision  of trained/ qualified workers.  • Check/Monitor the effectiveness of health and safety measures  with management  • Initiate/Promote/Maintain /Review measures  to ensure the health and safety of workers.  • Ensure that workers’ health and safety is not endangered by hazards  resulting from production /processing/storage/transportation of material/equipment.  • Work together with the employer to investigate any accidents/complaints  from the workers concerning health and safety in the workplace.  (Any other relevant answer related to the role of the health and safety representative in protecting the workplace environment) Max. (4) 23 ### Page 24 Downloaded from hlayiso.com 10722/22 4.8 Ways businesses could contribute time and effort in improving the well-being of communities • Businesses should improve the general quality of life of their communities, e.g., by investing in education, etc.  • Ensure that the products they supply do not harm consumers/the environment.  • Refrain from engaging in illegal/harmful practices such as employing children under the legal age/selling illegal substances, etc.  • Make ethically correct business decisions, e.g., not engage in unfair/misleading advertising, etc.  • Donate money to community projects./Run projects to uplift the community.  • Provide recreational/sport facilities to promote social cohesion/healthy activities.  • Participate in community projects involving HIV/AIDS/education/counselling/ other meaningful causes.  (Any other relevant answer related to ways in which businesses could contribute time and effort in improving the well-being of communities) Max. (6) (40) BREAKDOWN OF MARKS QUESTION 4 MARKS 4.1 2 4.2 4 4.3 4 4.4.1 3 4.4.2 4 4.4.3 3 4.5 6 4.6.1 2 4.6.2 2 4.7 4 4.8 6 TOTAL 40 TOTAL SECTION B: 80 24 Text truncated here. 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