GRADE 12
BUSINESS STUDIES
TERM 3
PRELIM EXAMINATION
PAPER 2
MARKS: 150
TIME: 2 hours
1|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
, INSTRUCTIONS AND INFORMATION
1. This paper consists of THREE sections:
SECTION A: COMPULSORY
SECTION B: Consists of THREE independent questions covering ALL topics.
Answer any TWO questions
SECTION C: Consists of TWO questions covering ALL topics.
Answer any (only) ONE question from this section.
2. Additional answers will not be marked.
3. Take the time allocation into account when answering the questions.
4. Read the instructions for each question carefully and answer only what is required.
5. Number the answers according to the numbering system used in this paper.
6. Answer in complete sentences, except in questions where other instructions are given.
7. Use the mark allocation as a guide for the length of questions.
8. Leave a line between answers.
9. Start each question on a new page.
10. Use only blue pen. Answers in pencil will not be marked.
11. Use the table below as a guide for marking and time allocation for each question.
QUESTION SECTION MARKS TIME
SECTION A: Short questions,
1 30 20 min
COMPULSORY
2
SECTION B: Three direct / indirect case
3 2 x 40 = 80 70 min
studies. Answer any TWO questions.
4
5 SECTION C: Essay Questions. Answer ONE 1 x 40 = 40 30 min
2|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
, 6 question in this section
TOTAL 150 2 hours
SECTION A (MANDATORY)
QUESTION 1
1.1 Several options are given as possible answers to the following questions. Choose the
correct answer and write the letter (AD) next to the question number (1.1.1 – 1.1.5).
1.1.1 Actions that according to a set of values that are morally acceptable in society refer to...
A. Professional conduct
B. Good behaviour
C. Ethical behaviour
D. The right behaviour
1.1.2 Which skill is mainly developed through the process of creative thinking?
A. Analytical thinking
B. problem-solving
C. communication
D. emotional recognition
1.1.3 Which leadership style requires the leader to involve employees in the decision-making
process?
A. Autocratic leadership style
B. Charismatic leadership style
C. Democratic leadership style
D. Transactional leadership style
1.1.4 What is meant by return on investment (ROI)?
A. The increase in value of the investment over time
B. The tax payable on the return on the investment
C. The extra amount of money earned on top of the original investment amount
D. The risk associated with the investment
3|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
, 1.1.5 Which situation best describes the concept of overinsurance?
A. Insuring an asset for less than its market value
B. Insuring an asset at more than its market value
C. The refusal of an insurer to pay a claim
D. The payment of compensation that is less than the damage to an asset
(5 x 2)(10)
1.2 Complete the following statements using the word (s) in the list below. Write only the
word(s) next to the question numbers (1.2.1 to 1.2.5).
down the ANSWER BOOK
forming; assumed liability; diagram; norm; founders;
excess; preference; graph; bonus premium; no tax;
1.2.1 ... shares are issued to the original owners of a public company.
1.2.2 ... represents an amount that is deducted from the damages before a claim is settled.
1.2.3 A ... is a diagram that shows how two or more sets of data are related
1.2.4 One of the core advantages of a public company is...
1.2.5 The first phase of team development in which team members are introduced to each
other is known as ... phase.
(5 x 2)(10)
4|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
BUSINESS STUDIES
TERM 3
PRELIM EXAMINATION
PAPER 2
MARKS: 150
TIME: 2 hours
1|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
, INSTRUCTIONS AND INFORMATION
1. This paper consists of THREE sections:
SECTION A: COMPULSORY
SECTION B: Consists of THREE independent questions covering ALL topics.
Answer any TWO questions
SECTION C: Consists of TWO questions covering ALL topics.
Answer any (only) ONE question from this section.
2. Additional answers will not be marked.
3. Take the time allocation into account when answering the questions.
4. Read the instructions for each question carefully and answer only what is required.
5. Number the answers according to the numbering system used in this paper.
6. Answer in complete sentences, except in questions where other instructions are given.
7. Use the mark allocation as a guide for the length of questions.
8. Leave a line between answers.
9. Start each question on a new page.
10. Use only blue pen. Answers in pencil will not be marked.
11. Use the table below as a guide for marking and time allocation for each question.
QUESTION SECTION MARKS TIME
SECTION A: Short questions,
1 30 20 min
COMPULSORY
2
SECTION B: Three direct / indirect case
3 2 x 40 = 80 70 min
studies. Answer any TWO questions.
4
5 SECTION C: Essay Questions. Answer ONE 1 x 40 = 40 30 min
2|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
, 6 question in this section
TOTAL 150 2 hours
SECTION A (MANDATORY)
QUESTION 1
1.1 Several options are given as possible answers to the following questions. Choose the
correct answer and write the letter (AD) next to the question number (1.1.1 – 1.1.5).
1.1.1 Actions that according to a set of values that are morally acceptable in society refer to...
A. Professional conduct
B. Good behaviour
C. Ethical behaviour
D. The right behaviour
1.1.2 Which skill is mainly developed through the process of creative thinking?
A. Analytical thinking
B. problem-solving
C. communication
D. emotional recognition
1.1.3 Which leadership style requires the leader to involve employees in the decision-making
process?
A. Autocratic leadership style
B. Charismatic leadership style
C. Democratic leadership style
D. Transactional leadership style
1.1.4 What is meant by return on investment (ROI)?
A. The increase in value of the investment over time
B. The tax payable on the return on the investment
C. The extra amount of money earned on top of the original investment amount
D. The risk associated with the investment
3|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
, 1.1.5 Which situation best describes the concept of overinsurance?
A. Insuring an asset for less than its market value
B. Insuring an asset at more than its market value
C. The refusal of an insurer to pay a claim
D. The payment of compensation that is less than the damage to an asset
(5 x 2)(10)
1.2 Complete the following statements using the word (s) in the list below. Write only the
word(s) next to the question numbers (1.2.1 to 1.2.5).
down the ANSWER BOOK
forming; assumed liability; diagram; norm; founders;
excess; preference; graph; bonus premium; no tax;
1.2.1 ... shares are issued to the original owners of a public company.
1.2.2 ... represents an amount that is deducted from the damages before a claim is settled.
1.2.3 A ... is a diagram that shows how two or more sets of data are related
1.2.4 One of the core advantages of a public company is...
1.2.5 The first phase of team development in which team members are introduced to each
other is known as ... phase.
(5 x 2)(10)
4|Page www.summariessa.co.za Business Studies
Grade 12 September Paper 2
