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SENIOR CERTIFICATE
GRADE 10
BUSINESS STUDIES P2
NOVEMBER EXAMINATION 2026 (MOCK)
MARKING GUIDELINES
MARKS: 150
These marking guidelines consist of 23 pages.
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Business Studies Grade 10 P2 November Mock Exam 2 2026 Memo
Grade 10 Business Studies Paper 2 memorandum from the November Mock Exam 2 2026 (English), 23 pages. Read online or download the free PDF.
Business Studies · Grade 10 · November Mock Exam 2 · 2026 · English. Memorandum, 23 pages. Read online or download the PDF.
- Subject
- Business Studies
- Grade
- Grade 10
- Language
- English
- Document type
- Memorandum
- Year
- 2026
- Exam period
- November Mock Exam 2
- Paper
- 2
- Publisher
- Hlayiso
- Curriculum
- CAPS
- Pages
- 23
- File size
- 179.8 KB
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Business Studies/P2 2 Hlayiso/Mock 2026
NSC – Marking Guidelines
NOTES TO MARKERS
These notes are provided to ensure fair, consistent and reliable marking of this mock
examination.
1. Candidates’ responses must be in full sentences for SECTIONS B and C, depending
on the nature of the question.
2. The marking guidelines are comprehensive but not exhaustive. Give credit to answers
that are correct but use a different expression, come from another credible source, are
original, or use a different approach. There is only ONE correct answer for each item in
SECTION A.
3. Where an answer is unclear or shows some understanding, award part-marks (e.g. one
mark instead of two).
4. The word ’Sub-max’ is used to allocate marks within a question or sub-question. The
word ’Max’ shows the maximum marks for the question; circle the subtotal on the
right-hand side as guided by ’Max’.
5. In an indirect question (scenario-based), the theory and the response must be relevant
and related to the question. Responses that must be quoted from a scenario receive
ONE mark each.
6. Do not give credit for repeated facts. Indicate repetition with an ’R’.
7. Cognitive verbs:
(a) Name, state, give, list, outline, quote, identify, motivate,
√√ recommend, suggest and
advise do not usually require much depth; the marks ( ) appear at the end of each
fact.
(b) Define, describe, explain, discuss, elaborate, distinguish, differentiate, analyse and
evaluate require a greater depth of√understanding; ticks are separated, e.g. ’Product
development is a √ growth strategy , where businesses introduce new products into
existing markets.’
8. Where a specific number of facts is required (e.g. ’any FOUR’), mark only the FIRST
responses up to that number and draw a line through the rest. Mark only the FIRST
answer where a question requires ONE answer.
9. Where the number of facts is specified for describe/discuss/explain questions in
SECTION B: fact (2 marks) and explanation (1 mark). In SECTION C the explanation
earns 2 marks.
Copyright reserved Please turn over
Business Studies/P2 3 Hlayiso/Mock 2026
NSC – Marking Guidelines
10. SECTION C: The breakdown of essay marks is as follows:
Introduction, Content, Conclusion Max 32
Insight 8
TOTAL 40
Insight (LASO) consists of the following components:
Layout/ Is there an introduction, a body with 2
Structure (L) paragraphs/sub-headings and a conclusion? The
words INTRODUCTION and CONCLUSION must be
stated and supported by an explanation.
Analysis and Can the candidate break down the question into 2
interpretation headings/sub-headings and interpret it correctly? All
(A) headings addressed: 1 mark. Interpretation (16 to 32
marks for facts): 1 mark.
Synthesis (S) Are relevant decisions/facts/responses made? Only 2
relevant facts in two or more sub-questions: 2 marks
(no ’-S’). Some irrelevant facts/only one sub-question
with relevant facts: 1 mark (one ’-S’). No relevant facts:
0 marks (two ’-S’).
Originality (O) Is there evidence of examples, based on recent 2
information/current trends and developments (not older
than two years), in any TWO of the four sub-questions?
TOTAL FOR INSIGHT 8
11. Indicate insight in the left-hand margin with a symbol (L, A, -S and/or O).
Mark all relevant facts until the SUB-MAX/MAX in a subsection is reached, write
SUB-MAX/MAX, but continue reading for originality (’O’). At the end of each essay
show the allocation as follows:
CONTENT MARKS
Facts 32 (max.)
L 2
A 2
S 2
O 2
TOTAL 40
12. No marks are awarded for content repeated from the introduction and conclusion.
Award TWO marks for complete sentences and ONE mark for phrases, incomplete
sentences and vague answers.
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Business Studies/P2 4 Hlayiso/Mock 2026
NSC – Marking Guidelines
SECTION A
QUESTION 1
√√
1.1 1.1.1 B
√√
1.1.2 A
√√
1.1.3 C
√√
1.1.4 D
√√
1.1.5 B
(5 x 2) (10)
√√
1.2 1.2.1 prospectus
√√
1.2.2 interview
√√
1.2.3 mission
√√
1.2.4 authority
√√
1.2.5 PESTLE analysis
(5 x 2) (10)
√√
1.3 1.3.1 D
√√
1.3.2 F
√√
1.3.3 J
√√
1.3.4 C
√√
1.3.5 H
(5 x 2) (10)
[30]
BREAKDOWN OF MARKS
QUESTION 1 MARKS
1.1 10
1.2 10
1.3 10
TOTAL 30
TOTAL SECTION A: 30
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Business Studies/P2 5 Hlayiso/Mock 2026
NSC – Marking Guidelines
SECTION B
Mark the answers to the FIRST TWO questions only.
QUESTION 2: BUSINESS VENTURES
2.1 Components of a business plan
√
- Cover page/Title page
√
- Executive summary
√
- Description of the business/Vision, mission and goals
√
- Business structure/Ownership and management
√
- Market analysis/Market research
√
- Marketing plan
√
- Operational/Production plan
√
- Financial plan
√
- SWOT analysis
√
- Human resources/Staffing plan
Any other relevant answer related to the components of a business plan.
NOTE: Mark the first FOUR (4) only.
(4 x 1) (4)
2.2 Verbal presentations
2.2.1 Factors considered by Lulama during her presentation
√
- Lulama made eye contact with the hotel owners.
√
- (She) spoke clearly and confidently.
NOTE: Only award marks for responses quoted from the scenario.
(2 x 1) (2)
2.2.2 Other factors to consider during a verbal presentation
√
- Use appropriate
√ body language/gestures to keep the attention of the
audience.
√ √
- Keep to the time limit that was allocated for the presentation.
√ √
- Speak at a suitable pace/volume so that everyone can follow.
√ √
- Use visual aids effectively to support the main points.
√
- Involve the√audience/Check understanding , e.g. by asking
questions.
√ √
- Stick to the topic and avoid unnecessary details.
√ √
- Dress appropriately for the audience and the occasion.
√ √
- Summarise the main points at the end of the presentation.
√ √
- Answer questions from the audience politely and confidently.
Any other relevant answer related to other factors to consider during a
verbal presentation.
NOTE: Do not award marks for eye contact and speaking
clearly/confidently, as these were quoted in QUESTION 2.2.1.
Max (6)
Copyright reserved Please turn over
Business Studies/P2 6 Hlayiso/Mock 2026
NSC – Marking Guidelines
2.3 Visual aids
√√
2.3.1 Handouts
√√
2.3.2 Interactive whiteboard/Smart board
√√
2.3.3 Poster/Chart
(3 x 2) (6)
2.4 Market research
2.4.1 Methods of collecting secondary research information
√
- Internet/Websites
√
- Newspapers/Magazines
√
- Government publications/Stats SA reports
√
- Textbooks/Library books
√
- Business records/Reports
Any other relevant answer related to methods of collecting secondary
research information.
NOTE: Mark the first TWO (2) only.
(2 x 1) (2)
2.4.2 Protocol for conducting research
√
- Obtain permission/consent
√ from the people taking part in the
research.
√
- Explain the√ purpose of the research to the respondents before they
take part.
√
- Participation
√ must be voluntary ; respondents may withdraw at any
time.
√
- Keep the information
√ of respondents confidential and protect their
privacy/anonymity.
√ √
- Be honest and do not change/falsify the results.
√ √
- Be objective/unbiased when collecting and interpreting information.
√ √
- Acknowledge sources and do not plagiarise the work of others.
√ √
- Respondents must not be harmed or placed under pressure.
√
- Be polite/professional
√ and respect the time and views of
respondents.
Any other relevant answer related to the protocol for conducting research.
Max (6)
Copyright reserved Please turn over
Business Studies/P2 7 Hlayiso/Mock 2026
NSC – Marking Guidelines
2.5 SWOT analysis for Ikageng Bricks
STRENGTHS WEAKNESSES
(a) The bricks of IB are well known
√ for (c) The brick-making machines
√ are old
their high quality and strength. and break down often.
(b) The owner has 15 years of √ (d) IB has no website or social √
media
experience in the building industry. page to advertise its products.
OPPORTUNITIES THREATS
(e) The municipality announced that (g) The price of cement has increased
√
500 new houses
√ will be built in the area sharply over the past six months.
next year.
(f) Hardware stores in a new shopping (h) Frequent power cuts stop
√
centre nearby
√ are looking for local production at the factory.
suppliers.
NOTE: 1. Award ONE mark for each finding placed under the correct
component.
2. Accept the letters (a)–(h) or the findings written out in full.
3. Do not award marks if the same finding is placed under more than
one component.
(8 x 1) (8)
2.6 Types of contracts
√√
2.6.1 Insurance contract
√√
2.6.2 Employment contract
√√
2.6.3 Credit agreement/Instalment sale agreement/Hire-purchase agreement
(3 x 2) (6)
[40]
BREAKDOWN OF MARKS
QUESTION 2 MARKS
2.1 4
2.2.1 2
2.2.2 6
2.3 6
2.4.1 2
2.4.2 6
2.5 8
2.6 6
TOTAL 40
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Business Studies/P2 8 Hlayiso/Mock 2026
NSC – Marking Guidelines
QUESTION 3: BUSINESS ROLES
3.1 Difference between problem solving and decision-making
PROBLEM SOLVING DECISION-MAKING
A process√ of identifying the causes of a A process
√ of choosing the best
problem and√finding/implementing option from√the available
solutions to it. alternatives.
√
Usually done√by a group/team of Often done by one √
employees. person/management
√ who has the
authority.
√
Alternative solutions
√ are generated Forms part
√ of the problem-solving
and evaluated. process √, i.e. choosing the best
solution.
Sub-max (2) Sub-max (2)
Any other relevant answer related to the difference between problem solving and
decision-making.
NOTE: 1. The answer does not have to be in tabular format.
2. The difference must be clear.
Max (4)
3.2 Problem-solving techniques
3.2.1 Problem-solving techniques used by MM
PROBLEM-SOLVING MOTIVATIONS
TECHNIQUES
1. Delphi √√ The manager e-mailed a questionnaire about
technique the problem to a panel of media experts. The
experts answered anonymously, and their
answers were summarised and sent back √ to
them until they agreed on a solution.
2. Empty chair
√√ He imagined that a trusted colleague was sitting
technique in a chair opposite
√ him and discussed the
problem aloud.
Sub-max (4) Sub-max (2)
NOTE: 1. Mark the first TWO (2) only.
2. Award marks for the techniques even if the quotes are
incomplete.
3. Do not award marks for the motivation if the technique was
incorrectly identified.
Max (6)
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Business Studies/P2 9 Hlayiso/Mock 2026
NSC – Marking Guidelines
3.2.2 Application of the problem-solving techniques
Delphi technique
√
- Choose a panel of experts√ who know about the problem, e.g.
media/marketing experts.
√ √
- Send the experts a questionnaire about the problem, e.g. by e-mail.
√
- Experts answer
√ independently/anonymously and do not meet one
another.
√ √
- Summarise the responses of all the experts.
√
- Send the
√ summary back to the experts for their comments/new
ideas.
√ √
- Repeat the process until the experts reach consensus/agreement.
√ √
- Implement the agreed solution and monitor the results.
Any other relevant answer related to the application of the Delphi
technique.
OR
Empty chair technique
√
- Used when one √ person must solve a problem/make a decision on
his/her own.
√
- Place an empty √ chair opposite you and imagine that another person is
sitting in it.
√ √
- Discuss the problem aloud with the imaginary person.
√
- Move√ to the empty chair and answer from the other person’s point of
view.
√
- Swap between √ the chairs to look at the problem from different
viewpoints.
√ √
- Use the ideas generated to choose the best solution.
Any other relevant answer related to the application of the empty chair
technique.
NOTE: Award marks for the application of only ONE technique: the one
identified in QUESTION 3.2.1 (Delphi OR empty chair).
Max (6)
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Business Studies/P2 10 Hlayiso/Mock 2026
NSC – Marking Guidelines
3.3 Ways in which businesses can use creative thinking to generate
entrepreneurial opportunities
√ √
- Encourage employees to suggest new ideas for products/services/markets.
√
- Use problem-solving techniques,
√ e.g. brainstorming/mind-mapping, to
generate many ideas.
√ √
- Look at problems as opportunities to develop new products/services.
√ √
- Identify unmet needs of customers and develop products to meet them.
√ √
- Combine existing products/ideas in new ways to create something unique.
√ √
- Find new uses for existing products or sell them in new markets.
√ √
- Study trends/changes in the business environment to spot new opportunities.
√ √
- Reward employees whose creative ideas lead to new opportunities.
Any other relevant answer related to ways to use creative thinking to generate
entrepreneurial opportunities.
Max (6)
3.4 Ways to implement creative business opportunities realistically
√√
- Do market research to test whether there is a demand for the idea.
√√
- Draw up a business plan/action plan for the opportunity.
√√
- Do a feasibility study/SWOT analysis of the idea.
√√
- Determine the resources/capital needed and how to obtain them.
√√
- Test the idea on a small scale first, e.g. with a prototype/pilot project.
√√
- Set realistic goals and time frames.
√√
- Involve skilled people/experts who can help to implement the idea.
√√
- Monitor progress and make changes where necessary.
Any other relevant answer related to ways to implement creative business
opportunities realistically.
Max (4)
3.5 Self-management concepts
√√
3.5.1 Self-confidence/Self-esteem
√√
3.5.2 Adaptability/Flexibility
√√
3.5.3 Time management/Planning
(3 x 2) (6)
3.6 Ways to manage stress
√√
- Identify the causes of stress and deal with them.
√√
- Manage time effectively/plan and prioritise tasks.
√√
- Exercise regularly/do physical activities.
√√
- Eat healthy food and get enough sleep.
√√
- Talk to someone, e.g. a friend/counsellor/manager.
√√
- Use relaxation techniques, e.g. breathing exercises/meditation.
√√
- Learn to say ‘no’ to unreasonable demands.
√√
- Take regular breaks/leave to rest.
√√
- Keep a positive attitude.
Any other relevant answer related to ways to manage stress.
Max (4)
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Business Studies/P2 11 Hlayiso/Mock 2026
NSC – Marking Guidelines
3.7 Ways to project a professional image
√√
- Dress neatly and appropriately for the workplace.
√√
- Be punctual/arrive on time for work and meetings.
√√
- Communicate politely and respectfully with others.
√√
- Be honest/act ethically and with integrity.
√√
- Keep promises/meet deadlines.
√√
- Respect the confidentiality of business information.
√√
- Take responsibility for own actions/mistakes.
√√
- Keep the work space neat and organised.
√√
- Be loyal to the business/do not gossip.
Any other relevant answer related to ways to project a professional image.
Max (4)
[40]
BREAKDOWN OF MARKS
QUESTION 3 MARKS
3.1 4
3.2.1 6
3.2.2 6
3.3 6
3.4 4
3.5 6
3.6 4
3.7 4
TOTAL 40
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Business Studies/P2 12 Hlayiso/Mock 2026
NSC – Marking Guidelines
QUESTION 4: MISCELLANEOUS TOPICS
BUSINESS VENTURES
4.1 Types of co-operatives
√
- Consumer co-operatives
√
- Producer co-operatives
√
- Worker co-operatives
√
- Agricultural co-operatives
√
- Housing co-operatives
√
- Financial services co-operatives/Savings and credit co-operatives
√
- Marketing/Supply co-operatives
√
- Burial societies
Any other relevant answer related to types of co-operatives.
NOTE: Mark the first FOUR (4) only.
(4 x 1) (4)
4.2 Elements of the marketing mix (7 Ps)
√√
4.2.1 Promotion
√√
4.2.2 Price
√√
4.2.3 People
(3 x 2) (6)
4.3 Legal requirements when starting a business
√√
- Register the business/company with the CIPC.
√√
- Register with SARS for income tax (and for VAT if required).
√√
- Obtain a trading licence/permits from the local municipality.
√√
- Comply with zoning regulations/municipal by-laws.
√√
- Register employees for UIF/with the Department of Employment and Labour.
√√
- Register for COIDA/workers’ compensation.
√√
- Comply with labour laws, e.g. the Basic Conditions of Employment Act.
√√
- Obtain a health certificate if the business sells food.
Any other relevant answer related to the legal requirements of a business.
Max (4)
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Business Studies/P2 13 Hlayiso/Mock 2026
NSC – Marking Guidelines
4.4 Importance of assessing the needs and desires of customers
- Helps the entrepreneur
√√ to identify products/services that customers
want/need.
√√
- Shows whether there is enough demand for the product/service.
√√
- Reduces the risk of starting a business that may fail.
√√
- Helps to identify the target market of the business.
√√
- Identifies gaps in the market that competitors do not fill.
√√
- Helps to set a price that customers are willing to pay.
√√
- Helps to design suitable marketing strategies to attract customers.
√√
- Satisfied customers may become loyal, which increases sales/profits.
Any other relevant answer related to the importance of assessing the needs and
desires of customers.
Max (6)
BUSINESS ROLES
4.5 HIV/Aids
4.5.1 Negative impacts of HIV/Aids on TT
- Absenteeism
√ has increased because sick employees often stay at
home.
√
- Production targets are not met.
- TT also spends more money on training new employees
√ to replace
experienced workers who have left the business.
NOTE: 1. Mark the first TWO (2) only.
2. Only award marks for responses quoted from the scenario.
(2 x 1) (2)
4.5.2 Initiatives to address HIV/Aids in the workplace
√√
- Run HIV/Aids awareness/education programmes for employees.
√√
- Offer free/voluntary counselling and testing at the workplace.
√√
- Provide free condoms in the workplace.
- Provide/Support
√√ access to ARVs/medical treatment for infected
employees.
- Draw up an HIV/Aids policy
√√ that protects infected employees against
discrimination/stigma.
√√
- Offer flexible working hours/lighter duties to employees who are ill.
- Train more than one employee √√for each job so that work can continue
when employees are absent.
√√
- Provide wellness programmes, e.g. nutrition advice/support groups.
Any other relevant answer related to initiatives to address HIV/Aids in the
workplace.
Max (6)
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Business Studies/P2 14 Hlayiso/Mock 2026
NSC – Marking Guidelines
4.6 Initiatives to address unemployment
√√
- Create jobs by employing people from the local community.
√√
- Offer learnerships/internships/apprenticeships to young people.
√√
- Provide skills development/training programmes for unemployed people.
√√
- Offer bursaries to learners from poor communities.
- Support√√small businesses/entrepreneurs, e.g. through mentoring/buying from
them.
√√
- Expand the business to create more jobs.
√√
- Use labour-intensive production methods where possible.
- Take part√√in government job-creation programmes, e.g. YES (Youth Employment
Service).
Any other relevant answer related to initiatives to address unemployment.
Max (4)
4.7 Importance of setting goals
√ √
- Gives direction and shows what must be achieved.
√ √
- Motivates a person to work hard to achieve the goals.
√ √
- Helps to plan and prioritise tasks.
√ √
- Helps to use time and resources effectively.
√ √
- Progress can be measured against the goals.
√ √
- Improves focus/concentration on what is important.
√ √
- Builds self-confidence when goals are achieved.
Any other relevant answer related to the importance of setting goals.
Max (4)
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Business Studies/P2 15 Hlayiso/Mock 2026
NSC – Marking Guidelines
4.8 Benefits of corporate social responsibility (CSR) for communities
√ √
- Improves the standard of living of people in the community.
√ √
- Creates jobs/skills development opportunities for community members.
√ √
- Provides better facilities, e.g. schools/clinics/sports fields, in the community.
√ √
- Bursaries/Education programmes improve the skills and future of learners.
√
- Health programmes,
√ e.g. HIV/Aids awareness, improve the health of the
community.
√ √
- Environmental projects create a cleaner/safer environment.
√ √
- Reduces poverty/crime in the community.
Any other relevant answer related to the benefits of CSR for communities.
Max (4)
[40]
BREAKDOWN OF MARKS
QUESTION 4 MARKS
4.1 4
4.2 6
4.3 4
4.4 6
4.5.1 2
4.5.2 6
4.6 4
4.7 4
4.8 4
TOTAL 40
TOTAL SECTION B: 80
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Business Studies/P2 16 Hlayiso/Mock 2026
NSC – Marking Guidelines
SECTION C
Mark the answer to the FIRST question only.
QUESTION 5: BUSINESS VENTURES (FORMS OF OWNERSHIP)
5.1 Introduction
- The form of ownership determines
√ who owns the business, who is liable for its
debts and how it is managed.
- Entrepreneurs
√ must consider several factors before choosing a form of
ownership.
- A public√company can raise large amounts of capital by selling shares to the
public.
- Profit companies aim to make a profit for√their owners, while non-profit
companies serve the public/community.
Any other relevant answer related to choosing a form of ownership/characteristics,
advantages and disadvantages of a public company/profit and non-profit
companies.
Any (2 x 1) (2)
5.2 Factors to consider when choosing a form of ownership
√
- Capital √requirements: some forms of ownership can raise more capital than
others.
√ √
- Liability: owners must decide whether they want limited or unlimited liability.
√ √
- Size of the business/Number of owners that the business will have.
√
- Continuity: √whether the business should continue when an owner
leaves/dies.
√
- Legal requirements/Cost of formation: some√forms are easy and cheap to start,
while companies must register with the CIPC.
√ √
- Taxation: the tax rates for companies differ from personal income tax.
√
- Management/Control:√ owners must decide how much control they want over
decision-making.
√ √
- Distribution of profits: how profits will be shared among the owners.
√ √
- Nature/Type of business and the risks involved.
Any other relevant answer related to the factors to consider when choosing a form
of ownership.
Max (8)
Copyright reserved Please turn over
Business Studies/P2 17 Hlayiso/Mock 2026
NSC – Marking Guidelines
5.3 Characteristics of a public company
√
- Must be√ registered with the CIPC and has a Memorandum of Incorporation
(MOI).
√√
- The name ends with ‘Limited’/‘Ltd’.
√ √
- Must have at least one shareholder and at least three directors.
√
- Shares are freely
√ transferable and may be offered to/traded by the public, e.g.
on the JSE.
√ √
- Issues a prospectus when it invites the public to buy its shares.
√ √
- Has a separate legal personality and continuity.
√ √
- Shareholders have limited liability for the debts of the company.
√ √
- Must publish its audited financial statements annually.
√ √
- Pays company income tax on its profits, and shareholders pay dividends tax.
√ √
- Must hold an annual general meeting (AGM) for shareholders.
Any other relevant answer related to the characteristics of a public company.
Max (10)
5.4 Advantages and disadvantages of a public company
Advantages
√ √
- Can raise large amounts of capital by selling shares to the public.
√
- Shareholders
√ have limited liability and can only lose the amount they
invested.
√ √
- Has continuity ; the company continues to exist if shareholders change/die.
√ √
- Shares can easily be bought and sold on the JSE.
√ √
- Can employ skilled managers/directors , which improves management.
√ √
- Large companies can buy in bulk and benefit from economies of scale.
√ √
- The publication of financial statements builds the confidence of investors.
Any other relevant answer related to the advantages of a public company.
Sub-max (6)
Disadvantages
√ √
- Expensive and complicated to establish.
√
- Must comply
√ with many legal requirements , e.g. the Companies Act/JSE
rules.
√
- Financial statements
√ must be audited and published ; competitors can see the
information.
√
- Decision-making √ may be slow because of the size of the company/many
shareholders.
√ √
- Shareholders have little control over the management of the company.
√ √
- Directors may not act in the best interests of the shareholders.
√
- Profits are taxed
√ and dividends tax is paid on the profits shared with
shareholders.
Any other relevant answer related to the disadvantages of a public company.
Sub-max (6)
Max (12)
Copyright reserved Please turn over
Business Studies/P2 18 Hlayiso/Mock 2026
NSC – Marking Guidelines
5.5 Difference between profit companies and non-profit companies
PROFIT COMPANIES NON-PROFIT COMPANIES
√ √
The main aim is to make a√profit for Established for the public benefit ,
the owners/shareholders. e.g. cultural/social/community
√
activities.
√
Profits are √
paid to shareholders as Profits/Surplus may√not be paid to
dividends. members/directors ; it is used to √
achieve the aims of the company.
√ √
Owned by√ shareholders who buy Has no shareholders √ ; it has
shares. members/directors.
√√
Includes private, public, personal The name ends with NPC.
liability and state-owned
√√
companies.
√ √
Pays company
√ income tax on its May be exempted from income tax if
profits. approved by SARS
√ as a public benefit
organisation.
√
Capital is raised√by selling shares Funded by √
and borrowing. donations/grants/membership
√ fees
and fundraising.
Sub-max (5) Sub-max (5)
Any other relevant answer related to the difference between profit and non-profit
companies.
NOTE: 1. The answer does not have to be in tabular format.
2. The difference must be clear.
Max (10)
5.6 Conclusion
- Entrepreneurs who consider√√ all relevant factors are more likely to choose a
suitable form of ownership.
- A public company
√√ can raise a lot of capital, but it must comply with strict legal
requirements.
- Profit and non-profit companies
√√ have different aims, but both contribute to the
economy and society.
Any other relevant answer related to choosing a form of ownership/public
companies/profit and non-profit companies.
Any (1 x 2) (2)
[40]
Copyright reserved Please turn over
Business Studies/P2 19 Hlayiso/Mock 2026
NSC – Marking Guidelines
QUESTION 5: BREAKDOWN OF MARK ALLOCATION
DETAILS MAXIMUM TOTAL
Introduction 2
Factors when choosing a form of ownership 8
Characteristics of a public company 10
Max 32
Advantages and disadvantages of a public 12
company
Profit vs non-profit companies 10
Conclusion 2
INSIGHT
Layout 2
Analysis/Interpretation 2
8
Synthesis 2
Originality/Examples 2
TOTAL MARKS 40
LASO – For each component: Allocate 2 marks if all requirements are met. Allocate 1 mark if some
requirements are met. Allocate 0 marks where requirements are not met at all.
Copyright reserved Please turn over
Business Studies/P2 20 Hlayiso/Mock 2026
NSC – Marking Guidelines
QUESTION 6: BUSINESS ROLES (RELATIONSHIPS AND TEAM PERFORMANCE)
6.1 Introduction
√
- Business objectives are the targets that a business wants to achieve.
√
- Teams perform successfully when certain criteria are met.
- Teams often consist
√ of members from different backgrounds, and diversity must
be managed well.
√
- Businesses must create an environment in which teams can work effectively.
Any other relevant answer related to business objectives/criteria for team
performance/diversity/an environment for effective teams.
Any (2 x 1) (2)
6.2 Meaning of business objectives and why teams must understand them
√
- Business objectives are specific, measurable
√ targets/goals that a business
wants to achieve within a certain time.
√ √
- They are based on the vision and mission of the business.
√
- Examples√ include increasing sales/profits, improving quality or expanding the
business.
√
- Objectives should
√ be SMART : specific, measurable, achievable, realistic and
time-bound.
Any other relevant answer related to the meaning of business objectives.
Sub-max (4)
√ √
- Teams know what they must achieve and work towards the same goals.
√ √
- Helps team members to understand their roles in achieving the objectives.
√ √
- Teams can plan their work and set priorities.
√ √
- Team performance can be measured against the objectives.
√
- Members are motivated √when they see how their work contributes to the
success of the business.
Any other relevant answer related to why teams must understand business
objectives.
Sub-max (4)
Max (8)
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Business Studies/P2 21 Hlayiso/Mock 2026
NSC – Marking Guidelines
6.3 Criteria for successful team performance
Shared values and common goals
√ √
- Team members agree on the goals that the team must achieve.
√ √
- Members share values, e.g. honesty/commitment, that guide their behaviour.
√ √
- All members work towards the same purpose , which improves co-operation.
√ √
- Goals are clear and understood by all team members.
Any other relevant answer related to shared values and common goals.
Sub-max (4)
Mutual trust and respect
√ √
- Team members trust one another to do their share of the work.
√ √
- Members respect the opinions and contributions of others.
√ √
- Members support one another and share information openly.
√ √
- Differences are accepted and conflict is handled fairly.
Any other relevant answer related to mutual trust and respect.
Sub-max (4)
Clear roles and responsibilities
√ √
- Every member knows exactly what is expected of him/her.
√ √
- Tasks are allocated according to the skills and abilities of members.
√ √
- Avoids duplication of work and confusion.
√ √
- Members can be held accountable for their tasks.
Any other relevant answer related to clear roles and responsibilities.
Sub-max (4)
Max (12)
6.4 Ways to deal with diversity in teams
√
- Provide diversity
√ training so that members understand and respect
differences.
√ √
- Encourage open communication to avoid misunderstandings.
√ √
- Draw up policies against discrimination and apply them consistently.
√ √
- Treat all team members fairly/equally regardless of their culture/age/religion.
√
- Use the different
√ skills, ideas and experiences of members to improve team
performance.
√ √
- Mix members from different backgrounds in teams and projects.
√ √
- Respect cultural/religious practices , e.g. allow leave for religious holidays.
√ √
- Deal with conflict/prejudice quickly and fairly.
√ √
- Celebrate cultural diversity , e.g. through heritage days/team-building events.
Any other relevant answer related to ways to deal with diversity in teams.
Max (10)
Copyright reserved Please turn over
Business Studies/P2 22 Hlayiso/Mock 2026
NSC – Marking Guidelines
6.5 Ways to create an environment that enables teams to work effectively
√ √
- Set clear goals/objectives for each team.
√ √
- Provide the resources/equipment that teams need.
√ √
- Encourage open communication and the sharing of ideas.
√ √
- Train team members in teamwork/conflict-resolution skills.
√ √
- Recognise and reward good team performance.
√ √
- Appoint good team leaders who support and motivate members.
√ √
- Allow teams to take part in decision-making about their work.
√ √
- Hold team-building activities to build trust among members.
√ √
- Give regular feedback on team performance.
√ √
- Provide a suitable work space where teams can meet and work together.
Any other relevant answer related to ways to create an environment for effective
teams.
Max (10)
6.6 Conclusion
- Teams that understand
√√ business objectives work together to achieve the goals of
the business.
√√
- Meeting the criteria for successful team performance improves productivity.
- Well-managed
√√ diversity and a supportive environment lead to strong, effective
teams.
Any other relevant answer related to business objectives/criteria for team
performance/diversity/an environment for effective teams.
Any (1 x 2) (2)
[40]
Copyright reserved Please turn over
Business Studies/P2 23 Hlayiso/Mock 2026
NSC – Marking Guidelines
QUESTION 6: BREAKDOWN OF MARK ALLOCATION
DETAILS MAXIMUM TOTAL
Introduction 2
Business objectives 8
Criteria for successful team performance 12
Max 32
Dealing with diversity 10
Environment for effective teams 10
Conclusion 2
INSIGHT
Layout 2
Analysis/Interpretation 2
8
Synthesis 2
Originality/Examples 2
TOTAL MARKS 40
LASO – For each component: Allocate 2 marks if all requirements are met. Allocate 1 mark if some
requirements are met. Allocate 0 marks where requirements are not met at all.
TOTAL SECTION C: 40
GRAND TOTAL: 150
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