GRADE 10
BUSINESS STUDIES
JUNE 2024
PAPER 2
QUESTION TOPIC MARKS
1 Various topics 20
2 Entrepreneurial qualities 20
3 Social responsibility 20
4 Forms of ownership 20
5 Forms of ownership 40
MARKS: 100
TIME: 1½
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,INSTRUCTIONS AND INFORMATION
Read the following instructions carefully before answering the questions.
1. This paper consists of THREE sections and covers FIVE main topics.
SECTION A: COMPULSORY
SECTION B: Consists of THREE questions.
Answer any TWO of the three questions in this section.
SECTION C: Answer the ONE question in this section.
Read the instructions for each question carefully and note what is required.
Note that ONLY the first TWO questions in SECTION B and the FIRST questions in
SECTION C will be marked.
2. Number the answers carefully according to the numbering system used in this paper.
No marks will be awarded for wrongly numbered answers.
3. Except where other instructions are given, answers must be written in complete
sentences.
4. Use the mark allocation and nature of each question to determine the length and
depth of an answer.
6. Use the table below as a guide for marking and time allocation when answering each
question.
Start the answer to EACH question on a NEW page, e.g. QUESTION 1 – new page,
QUESTION 2 – new page.
7. You may use a non-programmable calculator.
8. Write neatly and legibly.
2|Page www.summariessa.co.za Business Studies
Grade 10 June Paper 2
, SECTION A (COMPULSORY)
QUESTION 1
1.1.1 Various options are provided as possible answers for the following questions. Choose the
answer and write only the letter (A-D) next to the question numbers (1.1.1 to 1.1.5) in the
ANSWER BOOK, e.g. 1.1.6 D.
1.1.1 Which of the following statement best describes a risk-taker?
A. Someone who avoids risks
B. Someone who takes risks without measuring them
C. Someone who is willing to take risks to achieve a goal
D. Someone who only takes calculated risks
1.1.2 Which of the following is an example of continuity in business ownership?
A. A shareholder sells their shares and the business continues
B. A member dies and the business dissolves
C. A partner retires and the business shuts down
D. A sole proprietor decides to start a new business
1.1.3 Which document sets out the rights, duties, and responsibilities of shareholders, directors,
and other stakeholders within a business?
A Partnership agreement
B Prospectus
C Annual General Meeting (AGM) report
D Memorandum of Incorporation (MOI)
1.1.4 Which quality of an entrepreneur refers to their ability to adapt quickly?
A Desire for responsibility
B Flexibility/Ability to adapt quickly
C Ambition and self-confidence
D Willpower to overcome obstacles
1.1.5 … is NOT an example of social responsibility?
A Donating to charities
B Volunteering in the community
C Maximizing profits without regard for societal impact
D Reducing carbon footprints
(5 x 2) (10)
3|Page www.summariessa.co.za Business Studies
Grade 10 June Paper 2
BUSINESS STUDIES
JUNE 2024
PAPER 2
QUESTION TOPIC MARKS
1 Various topics 20
2 Entrepreneurial qualities 20
3 Social responsibility 20
4 Forms of ownership 20
5 Forms of ownership 40
MARKS: 100
TIME: 1½
www.summariessa.co.za
,INSTRUCTIONS AND INFORMATION
Read the following instructions carefully before answering the questions.
1. This paper consists of THREE sections and covers FIVE main topics.
SECTION A: COMPULSORY
SECTION B: Consists of THREE questions.
Answer any TWO of the three questions in this section.
SECTION C: Answer the ONE question in this section.
Read the instructions for each question carefully and note what is required.
Note that ONLY the first TWO questions in SECTION B and the FIRST questions in
SECTION C will be marked.
2. Number the answers carefully according to the numbering system used in this paper.
No marks will be awarded for wrongly numbered answers.
3. Except where other instructions are given, answers must be written in complete
sentences.
4. Use the mark allocation and nature of each question to determine the length and
depth of an answer.
6. Use the table below as a guide for marking and time allocation when answering each
question.
Start the answer to EACH question on a NEW page, e.g. QUESTION 1 – new page,
QUESTION 2 – new page.
7. You may use a non-programmable calculator.
8. Write neatly and legibly.
2|Page www.summariessa.co.za Business Studies
Grade 10 June Paper 2
, SECTION A (COMPULSORY)
QUESTION 1
1.1.1 Various options are provided as possible answers for the following questions. Choose the
answer and write only the letter (A-D) next to the question numbers (1.1.1 to 1.1.5) in the
ANSWER BOOK, e.g. 1.1.6 D.
1.1.1 Which of the following statement best describes a risk-taker?
A. Someone who avoids risks
B. Someone who takes risks without measuring them
C. Someone who is willing to take risks to achieve a goal
D. Someone who only takes calculated risks
1.1.2 Which of the following is an example of continuity in business ownership?
A. A shareholder sells their shares and the business continues
B. A member dies and the business dissolves
C. A partner retires and the business shuts down
D. A sole proprietor decides to start a new business
1.1.3 Which document sets out the rights, duties, and responsibilities of shareholders, directors,
and other stakeholders within a business?
A Partnership agreement
B Prospectus
C Annual General Meeting (AGM) report
D Memorandum of Incorporation (MOI)
1.1.4 Which quality of an entrepreneur refers to their ability to adapt quickly?
A Desire for responsibility
B Flexibility/Ability to adapt quickly
C Ambition and self-confidence
D Willpower to overcome obstacles
1.1.5 … is NOT an example of social responsibility?
A Donating to charities
B Volunteering in the community
C Maximizing profits without regard for societal impact
D Reducing carbon footprints
(5 x 2) (10)
3|Page www.summariessa.co.za Business Studies
Grade 10 June Paper 2
