Grade 11 end of year Business Studies exam paper SECTION A QUESTION 1 1.1 Various options are provided as answers to the following questions. Select the correct answer and simply write the letter (A – D) in the block provided alongside each question. 1.1.1 Government budgets and allocations to the various sectors forms part of the ............... A. Fiscal Policy. B. Monetary Policy. C. Micro-lending. D. REPO rate. 1.1.2 Which of the following are the characteristics of the company Urban Brew Ltd: i. It’s name ends with proprietary limited ii. The liability of shareholders is limited iii. Meeting of shareholders are required iv. The public are invited to buy shares v. Shares are freely transferable vi. The are 1 – 10 members …show more content…
__________________________________________________________________________ 2.8 A sector consisting of those organisations controlled by government. __________________________________________________________________________ 2.9 The term used for countries around the world trading with each other and sharing resources. __________________________________________________________________________ 2.10 Inputs into an organisation such as land, labour, capital and entrepreneurship are known as .............. __________________________________________________________________________ (10x2=20) QUESTION 3 Indicate whether the following statements are true or false. If false, correct the statement. A statement that is "true" will carry a weighting of ONE mark while an incorrect statement will be TWO marks. 3.1 The Act dealing with the working conditions of employees is known as the Labour Relations Act. ________________________________________________________________________________ 3.2 ‘Inflation rates’ is a factor forming part of the market environment. _______________________________________________________________________________ 3.3 The suggested document of agreement between partners in a partnership is a Memorandum of Incorporation.
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Legislation relating to employment exist because employers and employees need to know where they stand in a workplace, if certain legislations was not put in
| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.
Telephone – A telephone maintains a few different features rather than just receiving and making calls. At work the phones that we use are often different to
There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.
1. Assume that the state of Ohio passed a hazardous waste statute, seeking to protect the general public and workers. The state statute did not violate the Commerce Clause because it imposed no restriction on interstate commerce. Both the state statute and the federal Occupational Safety and Health Act (OSHA) established job safety standards and specified worker training and employer licensing, but the requirements differed. Which statute(s) Ohio corporations had to obey? Pick the best ANALYSISwer.
Legislation relating to employment exists to stop exploitation of workers by their employers mainly to protect the rights of their employee’s and to make sure that they have everything they need such as.
Legislation relating to employment exists to protect the rights of the employer and the employee. It also ensures that regulations, policies and procedures are being complied with.
• The first thing you need to do is save a copy of this document, either onto your computer or a disk
1.What are conversion factors? Why were conversion factors developed? How do they impact on which bond is cheapest to deliver? Under what conditions would there be no cheapest to deliver? Explain in detail.
The Act, when first introduced, provided an integrated system dealing with workplace health and safety and the protection of the public from work activities. By placing general duties upon employees,employers,the self-employed,manufacturers,designers and importers of work equipment and materials, the protection of the
Please note that this Assessment document has 8 pages and is made up of 7 Sections.
Bell Microproducts, Inc. mailed to McGurn an offer of employment that stated that if McGurn were terminated without cause during the first 12 months of employment, he would receive a severance package of $120,000. McGurn crossed out 12 and replaced it with 24, and signed the contract. Bell did not acknowledge the change that had been made to the contract and hired the applicant. McGurn was terminated without cause 13 months later.
M1 - Compare the purposes of the different documents used in the selection and recruitment process
M2(Unit 37) - Assess the social implications of business ethics facing a selected business in its different areas of activity