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ORLANDO HIGH SCHOOL

TEST 1 MEMO
QUESTION 1

1.1 C
1.2 C
1.3 A
1.4 A
1.5 D

QUESTION 2

2.1 This is the contribution the business make to community development


2.2 Social issued/factors affected business
2.3 An process of addressing inbalance or inequality at a work place
2.4 It is an illegal copy of an original and a sale of that copy
2.5 The indigenous plants and animals of the country

QUESTION 3

3.1
1A New laws
B Increase in prices of goods
3.2

Legal Economic Institutional E


environment environment
1. New 1. goods Information
legislation laws escalator regard tax
issues
2. Spending 2. Information
pattern of from
consumers

4.2 INTRODUCTION

The following institution are important for the running smooth of the business they help
for pre-planning and affect profit making /3/

J.S.E : Johannesburg Security Exchange


SARB: South African Reserve Bank
SABS: South African Bereau of Standard
CSIR: Council of Scientific and Industrial Research /12/

PURPOSE OF THE FOLLOWING INSTITUTIONS:


also serve as benefit
J.S.E (i) Ensures that shares bought and sold
(ii) Provide info with regard to state performance
(iii) List companies to be public companies
(iv) Regulate shares

SARB (i) Determine interest rate


(ii) Distribute bank notes
(iii) Regulate banks in many activities
(iv) Act as mother of banks /18/

SABS (i) Ensures that goods are produced in accordance to the safety standard
(ii) Authorise standard of goods
(iii) Regulate manufacturing and set specifications

CSIR (i) Provide researchfor the benefit of a business


(ii) Performs technological research
(iii) Research community services or research infrastructural projects.

NB
Insight refer to quas 4.1 = 8
TOTAL /40/
4.3

INTRODUCTION

Shoprite is socially responsible for Pimville Community that is what is called cooperative
social investment taking care of the community’s wellbeing /3/

Three ways shopping can exercise social responsibility:

1. Funding Community upliftment e.g feeding scheme


2. Funding Community sporting event e.g. soccer team
3. Funding Educational projects e.g. bursaries /6/
4. Funding physical environment project e.g. water reservation

BENEFIT TO SHOPRIT

1. Enhances Shoprite’s image


2. Shoprite will be seen as part of economic growth
3. Build a sense of loyalty to its customers
4. Attracts more customes
5. Act as a marketing tool 5x2 =10
6. Pays less tax
7. Increase its profitability

PURPOSE AND ROLE OF SETA

SETA; Sector of Educational and Training Authority /2/

PURPOSE:

1. To implement agencies of skill development strategies/solutions /2/


2. To replace industry training Board /2/

ROLE OF SETA’s

1. To collect funds
2. To distribute the funds to NSF
3. To implement learneship
4. To implemt plan for development of skills
5. To support with training material
Any other answer 5x2=10

CONCLUSION

The services of SETA’S do not only benefit employees but also employer /3/

INSIGHT

Structure /2/
Synthesis /2/
Analysis and interpretation /2/
Originality /2/ /8/
TOTAL /40/