Business Studies Grade 12 Revision 4

Business Studies Grade 12

Revision

Various options are provided as possible answers to the following questions. Choose the answer

1.1.1 This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:
A.  Consumer Protection Act (CPA), 2008 (Act 68 of 2008)
B.  Broad-Based Black Economic Empowerment Act (BBBEE), 2003 (Act 53 of 2003)
C  Compensation for Occupational Injuries and Diseases Act (COIDA), 1997 (Act 61 of 1997)
D  Labour Relations Act (LRA), 1995 (Act 66 of 1995)

B

 

1.1.2 Which ONE of the following businesses can be classified under the secondary sector?
A  Dundee Gold Mine
B  Shop and Pay Supermarket
C  Villa Attorneys
D  Qubeka Handbags Manufacturers

D

 

1.1.3 The role of SETAs:
A  Register learnership programmes
B  Train employees in the workplace
C  Provide employment opportunities
E  Promote skilled employees

A

 

1.1.4 An example of long-term insurance:
A  Money in transit
B  Vehicle insurance
C  Endowment policy
D  Personal liability

C

 

1.1.5 When designing a multimedia presentation, a presenter must …
A  prepare for the feedback session.
B  limit the amount of information on each slide.
C  prepare a suitable venue.
D  practise in front of someone to get an opinion.

 

B

 

1.1.6 The value of Sipho’s stock is R40 000 and he insured it for R30 000. Damage caused by fire amounted to R8 000. Sipho will
receive … as compensation.
A  R6 000
B  R8 000
C R3 000
D R4 000

A

 

1.1.7 Benny promotes … by employing people from diverse backgrounds in his supermarket.
A  accountability
B  discrimination
C  social rights
D  inclusivity

D

 

1.1.8 ONE of the steps that businesses may consider when handling conflict in the workplace:
A  Implement disciplinary procedures
B  Provide recreational facilities
C Select an appropriate solution
D  Provide fringe benefits

C

 

1.1.9 The human resources activity which ensures that the skills and
competencies of newly appointed employees match the
requirements of the job:
A  Selection
B  Placement
C  Recruitment
D  Training

B

 

1.1.10 Sara Designers used … to recruit possible candidates amongst existing employees.
A  employment agencies
B  educational institutions
C  notice boards
D  local newspapers

C

 

Complete the following statements by using the words provided in the Table below

fringe; quality performance; description; skills development levy; graphs; skills development strategy; tables; compulsory; specification; quality management

1.2.1   Collin uses … to display sales figures in columns for his presentation to management.

Tables

 

1.2.2  The unemployment insurance fund is also regarded as a … benefit.

Compulsory

 

1.2.3  Lindsay Manufacturers contributes 1% of their payroll to SARS as a … to train employees.

Skills Development Levy

 

1.2.4   Marble Constructions uses … to measure specified standards within each of their business functions.

Quality Performance

 

1.2.5   Job … requires applicants to have relevant qualifications and work experience.

Specification

 

Choose a description from COLUMN B that matches a term in COLUMN A.

COLUMN ACOLUMN B
1.3.1  Debentures

E  enables businesses to make loans from investors

 

1.3.2  COIDA

I compels businesses to contribute monthly towards the compensation fund

 

1.3.3  Economic right

H allows employees to be paid equally for work of equal value

 

1.3.4  CSI project

A  aims at uplifting the standard of living in communities

 

1.3.5  Aggressive

J  an employee who becomes argumentative when confronted by others in a meeting
A  aims at uplifting the standard of living in communities

B allows employees to have access to health care represents a

C short-term loan to a business

D compels employees to contribute 1% of their salary for injuries sustained while on duty

E  enables businesses to make loans from investors

F  an employee who is always unhappy about decisions taken by others in a meeting

G aims at making maximum profits

H allows employees to be paid equally for work of equal value

I compels businesses to contribute monthly towards the compensation fund

J  an employee who becomes argumentative when confronted by others in a meeting