Grade 11 End of Year Business Studies Exam Paper

2077 Words Apr 27th, 2013 9 Pages
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
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__________________________________________________________________________ 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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