Business Studies Gr 12 Memo

ORLANDO HIGH SCHOOL TEST 1 MEMO QUESTION 1 1.1 1.2 1.3 1.4 1.5

C C A A D

QUESTION 2 2.1 2.2 2.3 2.4 2.5

This is the contribution the business make to community development Social issued/factors affected business An process of addressing inbalance or inequality at a work place It is an illegal copy of an original and a sale of that copy The indigenous plants and animals of the country

QUESTION 3 3.1 1A New laws B Increase in prices of goods 3.2 Legal environment 1. New legislation laws

Economic environment 1. goods escalator 2. Spending pattern of consumers

Institutional E Information regard tax issues 2. Information from

4.2 INTRODUCTION The following institution are important for the running smooth of the business they help for pre-planning and affect profit making /3/ J.S.E : Johannesburg Security Exchange SARB: South African Reserve Bank SABS: South African Bereau of Standard CSIR: Council of Scientific and Industrial Research PURPOSE OF THE FOLLOWING INSTITUTIONS: also serve as benefit

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J.S.E (i) Ensures that shares bought and sold (ii) Provide info with regard to state performance (iii) List companies to be public companies (iv) Regulate shares SARB (i) Determine interest rate (ii) Distribute bank notes (iii) Regulate banks in many activities (iv) Act as mother of banks

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SABS (i) Ensures that goods are produced in accordance to the safety standard (ii) Authorise standard of goods (iii) Regulate manufacturing and set specifications CSIR (i) Provide researchfor the benefit of a business (ii) Performs technological research (iii) Research community services or research infrastructural projects. NB Insight refer to quas

4.1 = 8 TOTAL /40/

4.3 INTRODUCTION Shoprite is socially responsible for Pimville Community that is what is called cooperative social investment taking care of the community’s wellbeing /3/ Three ways shopping can exercise social responsibility: 1. 2. 3. 4.

Funding Community upliftment e.g feeding scheme Funding Community sporting event e.g. soccer team Funding Educational projects e.g. bursaries /6/ Funding physical environment project e.g. water reservation

BENEFIT TO SHOPRIT 1. 2. 3. 4. 5.

Enhances Shoprite’s image Shoprite will be seen as part of economic growth Build a sense of loyalty to its customers Attracts more customes Act as a marketing tool 5x2 =10

6. Pays less tax 7. Increase its profitability PURPOSE AND ROLE OF SETA SETA; Sector of Educational and Training Authority /2/ PURPOSE: 1. To implement agencies of skill development strategies/solutions /2/ 2. To replace industry training Board /2/ ROLE OF SETA’s 1. 2. 3. 4. 5.

To collect funds To distribute the funds to NSF To implement learneship To implemt plan for development of skills To support with training material Any other answer

5x2=10

CONCLUSION The services of SETA’S do not only benefit employees but also employer INSIGHT Structure /2/ Synthesis /2/ Analysis and interpretation /2/ Originality /2/ /8/ TOTAL /40/

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