Business Studies Grade 12

Zuko transport aperates in the sector as they specialise in delivery service

Unemployment statistics are an important indicator of economic activities.

A business that takes natural resources and convert them into consumer goods.

Covid-19 affects the economy.

Contest between businesses to win customers is called Market Research

The process of matching a new employee skills and abilities with the job requirement is known as

Profit is the amount of money given or asked for when goods and services are bought and sold.

Inflation reduces the purchasing power of money.

Reduction in the number of employees due to operational reasons is Retirement

T-Account are ideal for small businesses.

Businesses apply PESTLE model to analyse their position in the market.

Ethical behaviour refers to the principles of right and wrong in a society.

Services are material things you can see and touch.

No matter how carefully you plan, you cannot avoid all risks.

Consumer corporative societies are formed to...

Dismissal is a termination of an employment contract due to misconduct.

Necessary wants are needs.

ABC Paints operates in the ....... Sector as they specialise in the manufacturing of paint.

Tertiary sector renders services to the public and businesses.

Covid-19 does not affect the increment of unemployment rate in South Africa

......leads to a formal qualifications linked to a special trade.

Currently the US is in the recovery face of the business cycle.

Minimum number of members in a public limited company

This is a human resources function activity whereby new employees are introduced to the business

This act compels business to display the price of all goods and services

This function is responsible for the release of positive press statement in order to boost the image of the businesses

Smith milkshakes implemented the diversification strategy when they added fruit shakes to their existing menu

Reduction in a number of employees due to operational reasons.

Screening eliminates suitable candidate.

A market economy offers incentives such as competition and the profit motive to produce more.

Inflation is a general increase in the cost of goods and services.

Inflation is a control factor from the .... Environment

The ...... Function helps to find the correct staff for the business

...... Aims at ensuring that customers' needs are satisfied beyond their expectations.

........ Improves access to training programmes

Capital is the money used to start a business.

This Act aims at targeting inequality in South African economy.

Businesses use quality ..... to direct key processes so that the correct practices are met.

Businesses with a staff payroll over R500 000 per annum can claim the skills development levy.

..... refers to the principles of right or wrong / acceptable in society.

Key actors in a business immediate Environment include....

Angela construction facilitates the training of its employees on a regular basis

Goods can be physically weighed or measure but services cannot.

A form of business that can have many owners and issue stock.

Not all insurance agencies work for an insurance company.

Businesses have no control over the market environment.

Career planning includes

A market economy is often called private enterprise or capitalism

Basic conditions of Employment Act 75 of 1997 sets minimum requirements for the employment contract

Communication is a ......