Business Studies
SECTION A (COMPUSORY)
QUESTION 1
1.1
Four possible options are provided as answers to the following questions. Choose the answer and write only the letter (A – D) next to the question number (1.1.1 – 1.1.10) in the ANSWER BOOK, for example 1.1.11 B.
1.1.1
Which ONE of the following statements regarding creativity is TRUE?
A Only intelligent people are creative.
B Knowledge does not assist creativity.
C Creativity is an innate ability that can be learnt.
D Only artistic people are creative.
1.1.2
This legislation ensures that qualified people from designated groups have equal opportunities in the workplace:
A Affirmative action
B Unemployment Insurance Act
C Skills Development Act
D Black Empowerment Act
1.1.3
Which ONE of the following is an example of a social responsibility programme implemented by a business?
A Increase in manager's salary
B Sponsoring an HIV/Aids orphanage
C Increasing profits
D Discounting the prices of its products
1.1.4
This form of investment carries the highest risk:
A Shares
B Property
C Unit trusts
D Fixed deposit
1.1.5
One of the significant advantages for a business enterprise of making use of work teams (team-work) is that …
A greater output through collaboration is attained.
B it is time-consuming.
C technology is a requirement to succeed.
D it encourages individualism.
1.1.6
This form of ownership stipulates a minimum of seven members:
A Close corporation
B Partnership
C Public company
D Private company
1.1.7
Which ONE of the following could be regarded as unprofessional and unethical behaviour?
A Increasing prices in line with competitors
B Selling second-hand goods for new
C Finding a substitute for the competitor's product
D Employing unskilled workers
1.1.8
Who is most likely to offer learnerships in insurance?
A Industrial Development Corporation (IDC)
B South African Reserve Bank (SARB)
C Manpower Commission
D Sector Education and Training (SETA )
1.1.9
The South African
QUESTION 1
1.1
Four possible options are provided as answers to the following questions. Choose the answer and write only the letter (A – D) next to the question number (1.1.1 – 1.1.10) in the ANSWER BOOK, for example 1.1.11 B.
1.1.1
Which ONE of the following statements regarding creativity is TRUE?
A Only intelligent people are creative.
B Knowledge does not assist creativity.
C Creativity is an innate ability that can be learnt.
D Only artistic people are creative.
1.1.2
This legislation ensures that qualified people from designated groups have equal opportunities in the workplace:
A Affirmative action
B Unemployment Insurance Act
C Skills Development Act
D Black Empowerment Act
1.1.3
Which ONE of the following is an example of a social responsibility programme implemented by a business?
A Increase in manager's salary
B Sponsoring an HIV/Aids orphanage
C Increasing profits
D Discounting the prices of its products
1.1.4
This form of investment carries the highest risk:
A Shares
B Property
C Unit trusts
D Fixed deposit
1.1.5
One of the significant advantages for a business enterprise of making use of work teams (team-work) is that …
A greater output through collaboration is attained.
B it is time-consuming.
C technology is a requirement to succeed.
D it encourages individualism.
1.1.6
This form of ownership stipulates a minimum of seven members:
A Close corporation
B Partnership
C Public company
D Private company
1.1.7
Which ONE of the following could be regarded as unprofessional and unethical behaviour?
A Increasing prices in line with competitors
B Selling second-hand goods for new
C Finding a substitute for the competitor's product
D Employing unskilled workers
1.1.8
Who is most likely to offer learnerships in insurance?
A Industrial Development Corporation (IDC)
B South African Reserve Bank (SARB)
C Manpower Commission
D Sector Education and Training (SETA )
1.1.9
The South African