Business Studies p2 Prep Sept 2023 QP Eng

PREPARATORY EXAMINATION
GRADE 12
BUSINESS STUDIES P2
SEPTEMBER 2023
MARKS: 150
TIME: 2 HOURS
This question paper consists of 11 pages.
Copyright reserved Please turn over

Business Studies P2 2 FS/September 2023
Grade 12 Prep. Exam.
INSTRUCTIONS AND INFORMATION

Read the following instructions carefully before answering the questions.
1. This question paper consists of THREE sections and covers TWO main topics.
SECTION A: Compulsory
SECTION B: Consists of THREE questions.
Answer any TWO of the three questions in this section.
SECTION C: Consists of TWO questions.
Answer any ONE of the two questions in this section.
2. Read the instructions for each question carefully and take note of what is
required.
Note that ONLY the first TWO questions in SECTION B and the FIRST question
in SECTION C will be marked.
3. Number the answers correctly according to the numbering system used in this
question paper. NO marks will be awarded for answers that are numbered
incorrectly.
4. Except where other instructions are given, answers must be written in full
sentences.
5. Use the mark allocation and the nature of each question to determine the length
and depth of an answer.
6. Use the table below as a guide for marks and time allocation when answering
each question.
TIME
SECTION QUESTION MARKS
(minutes)
A: Objective-type questions
1 30 20
COMPULSORY
B: THREE direct/indirect-
2 40
type questions
3 40 70
CHOICE:
4 40
Answer any TWO.
C: TWO essay-type
questions 5 40
30
CHOICE: 6 40
Answer any ONE.
TOTAL 150 120
7. Begin the answer to EACH question on a NEW page, e.g. QUESTION 1 – new
page, QUESTION 2 – new page.
8. You may use a non-programmable calculator.
9. Write neatly and legibly.

SECTION A (COMPULSORY)
QUESTION 1
1.1 Various options are provided as possible answers to the following questions.
Choose the answer and write only the letter (A–D) next to the question numbers
(1.1.1 to 1.1.5) in the ANSWER BOOK, e.g. 1.1.6 B.
1.1.1 In the … leadership style, quick decisions can be taken without

consulting employees.
A democratic
B autocratic
C charismatic
D transactional
1.1.2 Donors to Sarah's Dog Shelter (SDS) receive tax deductions. SDS is a
… company.
A profit
B private
C non-profit
D public
1.1.3 Employees who make personal calls during office hours are guilty of …
as an unprofessional business practice.
A abuse of work time

B disobeying the law
C polluting the environment
D unauthorised use of workplace funds and resources
1.1.4 Manny's Factory invests in young start-up SMEs to deal with … as a

socio-economic challenge.
A HIV/AIDS
B unemployment
C inequality
D poverty
1.1.5 Businesses which operate under poor working conditions can lead to …
in the workplace.
A competition
B conflict
C grudges
D grievances
(5 x 2) (10)

1.2 Complete the following statements by using the word(s) provided in the
list below. Write only the word(s) next to the question numbers
(1.2.1 to 1.2.5) in the ANSWER BOOK.
situational; language; limited; spelling; Delphi technique;

unlimited; venue; transformational; Force-field analysis;
race
1.2.1 The … leadership theory is suitable for a dynamic environment

where change could be drastic.
1.2.2 When personal assets of shareholders are seized to pay for the
debts of the business, it is referred to as … liability.
1.2.3 Vector Traders considered the … when they designed a

multimedia presentation.
1.2.4 After weighing up the positives and negatives, Lotus Solutions

could determine the viability of their project by means of a …
1.2.5 Businesses can deal with … as a diversity issue by implementing

affirmative action policies.
(5 x 2) (10)

1.3 Choose a description from COLUMN B that matches a term in COLUMN

A. Write only the letter (A–J) next to the question numbers (1.3.1 to 1.3.5)
in the ANSWER BOOK, e.g. 1.3.6 K.
COLUMN A COLUMN B
1.3.1 Simple interest A intended to benefit and uplift
communities
1.3.2 Ethical behaviour B principal amount grows with the

addition of interest
1.3.3 Insurable interest C roles and responsibilities are

handed out
1.3.4 Norming stage D insured has to be honest in

supplying details
1.3.5 Corporate Social E refers to principles of right and

Investment wrong in a business
F principal amount remains the

same over the entire investment
period
G insured must prove that they will

suffer a loss
H intended as a marketing initiative

for the business
I roles and responsibilities are

clear
J refers to principles of right and

wrong in society
(5 x 2) (10)
TOTAL SECTION A: 30

SECTION B
Answer ANY TWO questions in this section.
NOTE: Clearly indicate the QUESTION NUMBER of each question that you
choose. The answer to EACH question must start on a NEW page, e.g.
QUESTION 2 on a NEW page, QUESTION 3 on a NEW page.
QUESTION 2: BUSINESS VENTURES
2.1 Give THREE examples of long-term insurance. (3)
2.2 Outline the difference between management and leadership. (4)
2.3 Read the scenario below and answer the questions that follow.
BELINDA'S CARWASH (BC)
Belinda easily started a very successful carwash. In expanding her

business, she can make all the decisions on her own.
2.3.1 Identify the form of ownership that Belinda uses. Motivate your
answer by quoting from the scenario above. (3)
2.3.2 Discuss how management can contribute to the success or

failure of the form of ownership named in QUESTION 2.3.1. (4)
2.4 Explain leaders and followers as a theory of management and

leadership. (6)
TRENDY TRADERS(TT)
Priscilla, the financial officer at Trendy Traders, ensures that the

information to be presented to stakeholders is relevant and accurate.
She made the presentation interesting by using visual aids effectively.
Priscilla avoided hiding behind the equipment used. It was evident that
she rehearsed to ensure a confident presentation.
2.5.1 Quote from the scenario factors to consider when preparing,

and while making a presentation.
Use the table below as a GUIDE to answer QUESTION 2.5.1.
FACTORS WHEN FACTORS WHILE

PREPARING PRESENTING
1. 1.
2. 2. (4)

2.5.2 Explain how a presenter can respond to questions after the

presentation. (6)
2.6 Discuss the characteristics of a private company. (4)
2.7 Suggest situations in which charismatic leadership can be applied in

the workplace. (6)
[40]

QUESTION 3: BUSINESS ROLES
3.1 Name FOUR economic rights of employees in the workplace. (4)
3.2 Identify the following difficult personalities that pose challenges to

Adcor Advertising in EACH statement below.
3.2.1 Johannes, the marketing manager, thinks he alone knows

everything about marketing. (2)
3.2.2 Sophia, a team member, struggles to choose between

alternatives to solve the challenges of the project. (2)
3.3 Discuss the impact of corporate social responsibility (CSR) on

communities. (6)
3.4 Explain how businesses can apply the King Code principle of
transparency. (4)
MARTIN'S MOTORS (MM)
Employees at Martin's Motors get lots of work to do in a very short

period. They are also uncertain about what they should do at work. This
causes conflict in the workplace.
3.5.1 Identify TWO causes of conflict at MM. Motivate your answer

by quoting from the scenario above.
Use the table below as a GUIDE to answer QUESTION 3.5.1.
CAUSES OF CONFLICT MOTIVATIONS

1.
2. (6)
3.5.2 Explain how businesses can handle conflict in the workplace. (4)
3.6 Discuss the benefits of diversity in the workplace. (6)
3.7 Suggest ways in which a business project can contribute to the

community. (6)
[40]

QUESTION 4: MISCELLANEOUS TOPICS
BUSINESS VENTURES
4.1 Name any TWO types of preference shares. (2)
4.2 Outline the difference between compulsory and non-compulsory

insurance. (4)
4.3 Identify the visual aids that Carter Enterprises use in their
presentations in EACH statement below.
4.3.1 Portia uses a piece of paper that is attached to a stand to

summarise the main facts during the feedback session. (2)
4.3.2 Thato uses a device that allows the presenter to write on the
board with a special pen while prepared images are displayed. (2)
4.4 Explain the positive impact of a public company. (6)
4.5 Recommend areas of improvement that should be considered for the

next presentation. (4)
BUSINESS ROLES
4.6 List any TWO components of Corporate Social Responsibility (CSR). (2)
REDMAN'S WHOLESALERS (RW)
At Redman's Wholesalers, emergency exit door signs are clearly

visible. Prescribed safety equipment is used and all equipment is
maintained regularly. Everyone at RW cooperates and complies with
rules and procedures.
4.7.1 Quote any TWO responsibilities of the employer in promoting

human health and safety in the workplace from the scenario. (2)
4.7.2 Explain other responsibilities of the employer in promoting

human health and safety in the workplace. (4)

4.8 Explain how the following types of unethical business practices pose
challenges to businesses:
4.8.1 Unfair advertising (4)
4.8.2 Pricing of goods in rural areas (4)
4.9 Recommend strategies businesses can use to protect the environment

and human health. (4)
[40]
TOTAL SECTION B: 80

SECTION C
Answer any ONE question in this section.
NOTE: Clearly indicate the QUESTION NUMBER of the question chosen. The
answer to the question must start on a NEW page, e.g. QUESTION 5 on
a NEW page OR QUESTION 6 on a NEW page.
QUESTION 5: BUSINESS VENTURES (INSURANCE/INVESTMENT)
Entrepreneurs should consider insurance options carefully to not over or

under-insure their assets, as insurance plays a significant role in businesses.
There are also certain factors to consider when making investment decisions,
with different investments holding different risks.
Write an essay on insurance and investment in which you include the following
aspects:
• Outline the differences between over-insurance and under-insurance.

• Discuss the importance of insurance.
• Explain any FOUR factors to be considered when making investment
decisions.
• Advise businesses on venture capital as a form of investment and their risk
factors.
[40]
QUESTION 6: BUSINESS ROLES (CREATIVE THINKING AND

PROBLEM-SOLVING)
Businesses face many challenges daily that requires creative thinking and
problem-solving. Being creative is a great benefit and can be applied in many
forms, for example, by solving problems through brainstorming. Therefore, a
business should create a creative working environment.
Write an essay on creative thinking and problem-solving in which you include

the following aspects:
• Outline the difference between problem-solving and decision-making.

• Discuss the advantages of creative thinking in the workplace.
• Explain how a business can apply brainstorming to solve complex
business problems.
• Recommend ways businesses can create an environment that promotes
creative thinking in the workplace.
[40]
TOTAL SECTION C: 40
GRAND TOTAL: 150

Business Studies p2 Prep Sept 2023 QP Eng

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Business Studies p2 Prep Sept 2023 QP Eng

Uploaded by

Copyright:

Available Formats

PREPARATORY EXAMINATION

This question paper consists of 11 pages.

Copyright reserved Please turn over

INSTRUCTIONS AND INFORMATION

8. You may use a non-programmable calculator.

9. Write neatly and legibly.

Copyright reserved Please turn over

1.1.1 In the … leadership style, quick decisions can be taken without

A abuse of work time

1.1.4 Manny's Factory invests in young start-up SMEs to deal with … as a

Copyright reserved Please turn over

situational; language; limited; spelling; Delphi technique;

1.2.1 The … leadership theory is suitable for a dynamic environment

1.2.3 Vector Traders considered the … when they designed a

1.2.4 After weighing up the positives and negatives, Lotus Solutions

1.2.5 Businesses can deal with … as a diversity issue by implementing

Copyright reserved Please turn over

1.3 Choose a description from COLUMN B that matches a term in COLUMN

1.3.2 Ethical behaviour B principal amount grows with the

1.3.3 Insurable interest C roles and responsibilities are

1.3.4 Norming stage D insured has to be honest in

1.3.5 Corporate Social E refers to principles of right and

F principal amount remains the

G insured must prove that they will

H intended as a marketing initiative

I roles and responsibilities are

J refers to principles of right and

Copyright reserved Please turn over

2.1 Give THREE examples of long-term insurance. (3)

2.2 Outline the difference between management and leadership. (4)

BELINDA'S CARWASH (BC)

Belinda easily started a very successful carwash. In expanding her

2.3.2 Discuss how management can contribute to the success or

2.4 Explain leaders and followers as a theory of management and

Priscilla, the financial officer at Trendy Traders, ensures that the

2.5.1 Quote from the scenario factors to consider when preparing,

Use the table below as a GUIDE to answer QUESTION 2.5.1.

FACTORS WHEN FACTORS WHILE

Copyright reserved Please turn over

2.5.2 Explain how a presenter can respond to questions after the

2.6 Discuss the characteristics of a private company. (4)

2.7 Suggest situations in which charismatic leadership can be applied in

Copyright reserved Please turn over

QUESTION 3: BUSINESS ROLES

3.1 Name FOUR economic rights of employees in the workplace. (4)

3.2 Identify the following difficult personalities that pose challenges to

3.2.1 Johannes, the marketing manager, thinks he alone knows

3.2.2 Sophia, a team member, struggles to choose between

3.3 Discuss the impact of corporate social responsibility (CSR) on

MARTIN'S MOTORS (MM)

Employees at Martin's Motors get lots of work to do in a very short

3.5.1 Identify TWO causes of conflict at MM. Motivate your answer

Use the table below as a GUIDE to answer QUESTION 3.5.1.

CAUSES OF CONFLICT MOTIVATIONS

3.6 Discuss the benefits of diversity in the workplace. (6)

3.7 Suggest ways in which a business project can contribute to the

Copyright reserved Please turn over

QUESTION 4: MISCELLANEOUS TOPICS

4.1 Name any TWO types of preference shares. (2)

4.2 Outline the difference between compulsory and non-compulsory

4.3.1 Portia uses a piece of paper that is attached to a stand to

4.4 Explain the positive impact of a public company. (6)

4.5 Recommend areas of improvement that should be considered for the