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)
CÂ Compensation for Occupational Injuries and Diseases Act (COIDA), 1997 (Act 61 of 1997)
DÂ Labour Relations Act (LRA), 1995 (Act 66 of 1995)
1.1.2 Which ONE of the following businesses can be classified under the secondary sector?
AÂ Dundee Gold Mine
BÂ Shop and Pay Supermarket
CÂ Villa Attorneys
DÂ Qubeka Handbags Manufacturers
1.1.3 The role of SETAs:
AÂ Register learnership programmes
BÂ Train employees in the workplace
CÂ Provide employment opportunities
EÂ Promote skilled employees
1.1.4 An example of long-term insurance:
AÂ Money in transit
BÂ Vehicle insurance
CÂ Endowment policy
DÂ Personal liability
1.1.5 When designing a multimedia presentation, a presenter must …
AÂ prepare for the feedback session.
BÂ limit the amount of information on each slide.
CÂ prepare a suitable venue.
DÂ practise in front of someone to get an opinion.
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.
AÂ R6 000
BÂ R8 000
C R3 000
D R4 000
1.1.7 Benny promotes … by employing people from diverse backgrounds in his supermarket.
AÂ accountability
BÂ discrimination
CÂ social rights
DÂ inclusivity
1.1.8 ONE of the steps that businesses may consider when handling conflict in the workplace:
AÂ Implement disciplinary procedures
BÂ Provide recreational facilities
C Select an appropriate solution
DÂ Provide fringe benefits
1.1.9 The human resources activity which ensures that the skills and
competencies of newly appointed employees match the
requirements of the job:
AÂ Selection
BÂ Placement
CÂ Recruitment
DÂ Training
1.1.10 Sara Designers used … to recruit possible candidates amongst existing employees.
AÂ employment agencies
BÂ educational institutions
CÂ notice boards
DÂ local newspapers
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.
1.2.2Â The unemployment insurance fund is also regarded as a … benefit.
1.2.3 Lindsay Manufacturers contributes 1% of their payroll to SARS as a … to train employees.
1.2.4  Marble Constructions uses … to measure specified standards within each of their business functions.
1.2.5  Job … requires applicants to have relevant qualifications and work experience.
Choose a description from COLUMN B that matches a term in COLUMN A.
| COLUMN A | COLUMN B |
| 1.3.1Â Â Debentures
1.3.2Â Â COIDA
1.3.3Â Â Economic right
1.3.4 Â CSI project
1.3.5  Aggressive | 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 |