Grade 10 - Business Studies

Identify the Problem-Solving Technique: a company wants to change their product design and considers the pros and cons

Loan provided to the business while waiting for payment of goods/services provided to avoid cash flow problems.

Quality Control involves:

Estimates the working capital.

A document that sets out the rights &responsibilities of shareholders, directors and other stakeholders in the business

SCAMPER

This section is not included in a business plan:

Identify the Problem-Solving Technique: A factory asks employees for ideas on how to combine the products with a concept

A (?) has a minimum of five members

Audio-Visual Aids

Which of the following is not a consumer right according to the Consumer Protection Act?

People who combine the resources to make the business functional and profitable.

An employee wants to use the (?) to make a confidential decision by pretending to discuss it with a non-existing person

Direct human behaviour.

The owner(s) of the following form of ownership have unlimited liability.

Competitors fall under the (?) environment.

In which of the following, will the person or business take ownership of the asset:

The difference in income levels and wealth between groups of people is known as (?)

Influence human behaviour.

Employment contract

Identify the Problem-Solving Technique: The company wants to consult experts on how to adapt the layout of the company

The challenges of the micro environment include:

“We strive to offer our customers the lowest possible prices, the best available selection, and the utmost convenience.”

Refers to how the administrative staff should handle their duties.

(?) is paid in case workers are injured on the job.

Identify the Problem-Solving Technique: CEO makes a decision by pretending to discuss problem with a non-existent person

The (?) discusses the roles and rights of trade unions

Which factor does not influence the location of a business:

(?) lodge the documents necessary for the registration of the company

The name of (?) ends with INC

Employees and contractors who work for the business.

Insurance Contract

(?) insurance covers you for more liability after your other policies have paid out

(?) is the person leasing the goods or property

Bongi sells imitation English Premier League soccer jerseys at a street market. This is called (?)

Enables businesses to determine the amount/value of stock.

The (?) is an invitation to the public to buy shares.

Market research which is conducted by a person within the company is called (?)

Refers to individuals that have a duty to act in the best interests of their environment and society.

Process of setting goals and developing strategies.

Mechanism used to execute the plan.

(?) is a legal entity.

The way a company does business.

(?) is when one of the parties fails to fulfil their responsibilities.

(?) is an element of a contract that refers to something of value must be exchanged.

Estimates working capital.

Loan used to purchase an asset and that asset belongs to the lender until it is fully paid off.

Identify the Problem-Solving Technique: Employees are requested to sit in groups &suggest ideas on how to improve sales.

Executive Summary

Carries out market research to assess the demand from consumers.