Grade 11 Business Studies June Exam Paper 2; Exam (elaborations) Essential Business Finance

NATIONAL SENIOR CERTIFICATE GRADE 11; 2025 Business Studies March Exam Paper 2 2.1 Explain the concept of leasing in business. (4) 2.2 Identify THREE types of business insurance and explain the importance of each. (12) 2.3 Discuss FOUR advantages of outsourcing for a small business. (8) 2.4 Read the scenario below and answer the questions that follow: Scenario: DreamClean Services is a small cleaning company. Due to financial constraints, they rent cleaning equipment instead of purchasing it. The business also outsources marketing activities to a local advertising agency. DreamClean Services has recently insured their equipment against damage and theft. 2.4.1 Identify TWO business practices used by DreamClean Services. Motivate your answer. (6) 2.4.2 Advise DreamClean Services on TWO other practices they could adopt to improve operational efficiency. (6) [40] QUESTION 3: BUSINESS ROLES 3.1 Define the term "teamwork." (2) 3.2 Explain THREE ways a business can promote teamwork among employees. (6) 3.3 Read the case study below and answer the questions that follow: Case Study: SmartTech Solutions faced declining sales due to a lack of creative marketing strategies. The management encouraged employees to attend workshops to develop innovative skills. Additionally, incentives were provided for the best marketing ideas. 3.3.1 Identify TWO strategies Smart-tech used to encourage creativity. (4) 3.3.2 Suggest THREE additional ways the business can enhance creativity among its employees. (6) 3.4 Discuss FOUR reasons why conflict might arise in the workplace. (8) 3.5 Advise businesses on FOUR strategies to resolve workplace conflict effectively. (8) [40] QUESTION 4: MISCELLANEOUS 4.1 Explain the term "professionalism" and provide TWO examples of professional behavior in the workplace. (6) 4.2 Differentiate between "routine thinking" and "creative thinking." (8) 4.3 Discuss THREE benefits of effective communication in a business. (6) 4.4 Suggest FOUR ways businesses can reduce stress in the workplace. (8) 4.5 Elaborate on the importance of ethical business practices. (6) [40]