Province of the EASTERN CAPE EDUCATION NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2012 BUSINESS STUDIES MARKS: 300 TIME: 3 hours This question paper consists of 10 pages. 2 BUSINESS STUDIES (NOVEMBER 2012) INSTRUCTIONS AND INFORMATION Read the following instructions carefully before answering the questions. 1. This question paper consists of three sections and covers all learning outcomes (LO1 to LO4). SECTION A: COMPULSORY SECTION B: Consists
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in the On-line and Electronic Publishing Industry: Introduction The commercial enterprise business like several different industries has not at liberty the impact of data technology in each the assembly and distribution of the data it creates. From earliest DTP techniques to the commerce of books over the net and also the commercial enterprise of electronic journals the commercial enterprise business has promptly accepted technological innovation. several publishers are currently able to embrace
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Case Study: business strategy Biddy’s Bakery (BB) (strategic and operational decisions) Biddy’s Bakery was founded by Elizabeth McDoogie in 1984. Nicknamed “Biddy”‚ Elizabeth started the home style-bakery in Cincinnati‚ Ohio as a alternative to commercially available baked goods. The mission of Biddy’s Bakery was to produce a variety of baked- goods with old fashioned style and taste. The goods produced included a variety of pies and cakes‚ and were sold to the general public and local restaurants
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Explanatory Synthesis In our world where business is a must to pursue any career‚ we see an evolution of its strategies based on technology. In fact‚ businesses used to have a communication with their consumers through mail. It was a one sided communication and it was usually only informative: the business itself promotes its products or explains its new services. However‚ the consumer nowadays plays a major role in the business; he is part of the industry’s asset for the evolution of the
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Carnegie’s Contribution to Industrial Business It seems that‚ rapidly‚ business changed in the Nineteenth Century. Business transformed from a small-scale setting to a larger‚ more efficient standard. Workers went from being masters at their profession to unskilled workers making more products with the help of machinery. Not only had the physical aspect of business changed‚ but the organizational skills of being a manager were modified as well. There are many examples of businessmen that contributed
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In his article‚ “An Aristotelean Approach to Business Ethics‚” Robert Solomon argues that business should be viewed from the Aristotle way. He discusses that this view is not something very new but something that originated back to the ancient times. “What the Aristotelean approach promises is not something novel and scientific but an approach that is very staid and established and above all very human.” This approach differs from other philosophies that we have learned in class because it incorporates
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Managerial Economics & Business Strategy Chapter 6 The Organization of the Firm Michael R. Baye‚ Managerial Economics and Business Strategy‚ 5e. Hakan TASCI McGraw-Hill/Irwin Elon University rights reserved. Departmentby © 2006 by The McGraw-Hill Companies‚ All rights reserved. Copyright ©Copyright The McGraw-Hill Companies‚ Inc.Inc. All Spring 2007 2006 of Economics Overview I. Methods of Procuring Inputs Spot Exchange Contracts Vertical Integration II. Transaction Costs
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BUSINESS ENVIRONMENT. The business environment is the aggregate of all conditions‚ events‚ and influences that surround and affect a business firm. Business environment generally refers to the external factors affecting‚ either positively or negatively‚ the operation of a firm. The most important external factors include economic‚ legal‚ political‚ social and technological factors Business environment is classified as follows:- (a) Internal Environment: These are the environmental factors which
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Business Writing Portfolio Georgina E. Inzunza COM/285 1 July‚ 2010 Mary Beth Hartleb Business Writing Portfolio Part I: Business Writing Steps: In considering addressing changes within a retail store operations to three sets of stakeholders of a retail clothing chain‚ specific preparations must be attained. First‚ one must draft a business letter addressed to the store managers‚ a business memo addressed to the store employees‚ and an Electronic Mail or e-mail addressed
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University of Phoenix SkillSoft Business Integration Levels BSA/310 SkillSoft Business Integration Levels What are the advantages of aligning business and IT strategies? Information Technology‚ IT‚ is an integral property in a business’ success. In order for an organization to reach its maximum potential this organization will need to be coordinated and integrated. For as the organization moves on to higher levels of integration it will find many potential benefits to be
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