1
Grade 11
BUSINESS STUDIES
Paper 2
June Exam
2025
Previous examination papers were used to compile these notes, @IMPAQ JUN 2022, 2021/
DBE NW/June 2019. WC/DBE JUN 2023, Revision booklet Term 2/ 2023.
These are just proposed responses from the memorandums. Some information is
repeated, I want to show you the various ways the same information is asked.
I encourage you to answer the calculation/illustration questions.
NOTE: You must study Term 1 and Term 2’ s STUDY NOTES for the June exam. If you
haven’t purchased term 1’s notes, please contact
Good luck
Juffrou Ansie
Content:
1. BUSINESS VENTURES
2. BUSINESS ROLES
@ Juffrou_ Ansie
, 2
Contextual questions
Cooperative This form of ownership is established by a group of people who
agree to work together for their mutual economic benefit:
Leasing A business can use fixed assets by renting it for a period of time
Fishbone analysis Fishbone analysis requires a group to identify the problem factors
and then for individuals to work on possible solution.
Kaizen model Quality groups meet to discuss levels of quality in their divisions.
Project plan Project plan is a written document giving details of the goals of
the business and how these goals will be reached.
Corporations Members are also shareholders of the business.
Franchisee They pay an upfront fee for the right to use the name and
trademark.
Delphi techniques Get the opinions of experts without bringing them together face to
face.
Internal change Aims to address the weakness within a business enterprise.
Gantt charts An instrument that helps project managers do project planning by
clearly showing activities against dates of completion.
Professionalism Professionalism developing moral compass for
decision making
Conventional Conventional solutions: certain of the outcomes when
solutions solving problems.
Project planning Project planning identify and analyse all activities required to be
completed.
Equity Capital Equity Capital money contributed by the owner to start the
business
Bad decision Bad decision demotivates employees and might cause high staff
turn-over
Royalties Monthly payment to a franchisor.
Franchise Legal document set up between franchisor and franchisee.
agreement
Goodwill Amount of money a business owner wants for good trade name he
or she has built up.
Lease The contract between parties giving conditional ownership of an
asset for a fixed period.
@ Juffrou_ Ansie
, 3
Indigenous Knowledge, practices and skills developed by indigenous people
knowledge to improve their quality of life
Objectivity theory Moral values can be objectively true independent of individual
personal feelings.
State-owned Denel SOC Ltd. manufactures military equipment and has only
one shareholder, the South African government. Denel is a state-
owned company.
Force field analysis This problem-solving technique considers all the advantages and
disadvantages of a decision.
Quality assurance Caring about the quality of work before submitting it.
Stakeholders All parties who have an interest in the business and who are
affected by the change.
Franchising Franchising refers to the purchase of a business idea.
Integrity Refers to working honestly, according to the norms and standards
of the business.
Partnership Is a business where all the owners have unlimited liability for the
debts of the business.
Optimal stress Optimal stress is the right balance of influences to create the best
result.
Stressors A percentage of sales is paid to the owner of the business idea.
Continuity The ability to carry on with operations despite big changes or
events
Three-point test A tool that can help managers and employees to make the right
decisions.
Consensus Agreement between all parties through analytical discussion.
Legal entity The business is regarded as a legal person that exists
independently of its members. / Business is separate from the
owner. Owner cannot be targeted/held liable for debt.
The ADKAR model A – Awareness
D – Desire
K – Knowledge
A – Ability
R – Reinforcement
Unlimited liability When owners lose all their possessions when the business
cannot pay its creditors and are declared insolvent it is known as
unlimited liability.
@ Juffrou_ Ansie
, 4
Lateral Lateral thinking is solving problems by seemingly illogical
methods.
Force employees to Which of these is not a step in the change management process
change
Action plan A document stating what must be done, who will do it, and by
when it will be done.
Grants Money given by the government or an NGO for a specific purpose
is called grants
Flipchart The flipchart and whiteboard may be used for noting down
information during a presentation
Scheduling Allocating people to perform work is called scheduling
Written report A non-verbal presentation
Graph A graph is a visual illustration to provide information clearly and
concisely
Whistleblowing Whistleblowing is a system to alert senior management of
fraudulent activities.
SARS VAT, SITE, and PAYE registration must be completed through
SARS
ADKAR The ADKAR theory was designed to focus on teams with specific
activities that would have an impact on results.
Force field The Force field technique is based on identifying all the forces for
and against a strategy and assigning a weight to these forces.
Dividends Money paid to shareholders in the interim and/or financial year-
end
Business Process Concentrates on new ways to get work done.
Reengineering
Collateral Assets pledged to the bank in case of a default in the repayment
of a loan.
Memorandum of The document sets out the rights, responsibilities, and duties of
Incorporation (MOI) shareholders and directors. Serves as a constitution of a
company.
Non-profit company An association incorporated not for gain.
State-owned
company (SOC)
@ Juffrou_ Ansie
Grade 11
BUSINESS STUDIES
Paper 2
June Exam
2025
Previous examination papers were used to compile these notes, @IMPAQ JUN 2022, 2021/
DBE NW/June 2019. WC/DBE JUN 2023, Revision booklet Term 2/ 2023.
These are just proposed responses from the memorandums. Some information is
repeated, I want to show you the various ways the same information is asked.
I encourage you to answer the calculation/illustration questions.
NOTE: You must study Term 1 and Term 2’ s STUDY NOTES for the June exam. If you
haven’t purchased term 1’s notes, please contact
Good luck
Juffrou Ansie
Content:
1. BUSINESS VENTURES
2. BUSINESS ROLES
@ Juffrou_ Ansie
, 2
Contextual questions
Cooperative This form of ownership is established by a group of people who
agree to work together for their mutual economic benefit:
Leasing A business can use fixed assets by renting it for a period of time
Fishbone analysis Fishbone analysis requires a group to identify the problem factors
and then for individuals to work on possible solution.
Kaizen model Quality groups meet to discuss levels of quality in their divisions.
Project plan Project plan is a written document giving details of the goals of
the business and how these goals will be reached.
Corporations Members are also shareholders of the business.
Franchisee They pay an upfront fee for the right to use the name and
trademark.
Delphi techniques Get the opinions of experts without bringing them together face to
face.
Internal change Aims to address the weakness within a business enterprise.
Gantt charts An instrument that helps project managers do project planning by
clearly showing activities against dates of completion.
Professionalism Professionalism developing moral compass for
decision making
Conventional Conventional solutions: certain of the outcomes when
solutions solving problems.
Project planning Project planning identify and analyse all activities required to be
completed.
Equity Capital Equity Capital money contributed by the owner to start the
business
Bad decision Bad decision demotivates employees and might cause high staff
turn-over
Royalties Monthly payment to a franchisor.
Franchise Legal document set up between franchisor and franchisee.
agreement
Goodwill Amount of money a business owner wants for good trade name he
or she has built up.
Lease The contract between parties giving conditional ownership of an
asset for a fixed period.
@ Juffrou_ Ansie
, 3
Indigenous Knowledge, practices and skills developed by indigenous people
knowledge to improve their quality of life
Objectivity theory Moral values can be objectively true independent of individual
personal feelings.
State-owned Denel SOC Ltd. manufactures military equipment and has only
one shareholder, the South African government. Denel is a state-
owned company.
Force field analysis This problem-solving technique considers all the advantages and
disadvantages of a decision.
Quality assurance Caring about the quality of work before submitting it.
Stakeholders All parties who have an interest in the business and who are
affected by the change.
Franchising Franchising refers to the purchase of a business idea.
Integrity Refers to working honestly, according to the norms and standards
of the business.
Partnership Is a business where all the owners have unlimited liability for the
debts of the business.
Optimal stress Optimal stress is the right balance of influences to create the best
result.
Stressors A percentage of sales is paid to the owner of the business idea.
Continuity The ability to carry on with operations despite big changes or
events
Three-point test A tool that can help managers and employees to make the right
decisions.
Consensus Agreement between all parties through analytical discussion.
Legal entity The business is regarded as a legal person that exists
independently of its members. / Business is separate from the
owner. Owner cannot be targeted/held liable for debt.
The ADKAR model A – Awareness
D – Desire
K – Knowledge
A – Ability
R – Reinforcement
Unlimited liability When owners lose all their possessions when the business
cannot pay its creditors and are declared insolvent it is known as
unlimited liability.
@ Juffrou_ Ansie
, 4
Lateral Lateral thinking is solving problems by seemingly illogical
methods.
Force employees to Which of these is not a step in the change management process
change
Action plan A document stating what must be done, who will do it, and by
when it will be done.
Grants Money given by the government or an NGO for a specific purpose
is called grants
Flipchart The flipchart and whiteboard may be used for noting down
information during a presentation
Scheduling Allocating people to perform work is called scheduling
Written report A non-verbal presentation
Graph A graph is a visual illustration to provide information clearly and
concisely
Whistleblowing Whistleblowing is a system to alert senior management of
fraudulent activities.
SARS VAT, SITE, and PAYE registration must be completed through
SARS
ADKAR The ADKAR theory was designed to focus on teams with specific
activities that would have an impact on results.
Force field The Force field technique is based on identifying all the forces for
and against a strategy and assigning a weight to these forces.
Dividends Money paid to shareholders in the interim and/or financial year-
end
Business Process Concentrates on new ways to get work done.
Reengineering
Collateral Assets pledged to the bank in case of a default in the repayment
of a loan.
Memorandum of The document sets out the rights, responsibilities, and duties of
Incorporation (MOI) shareholders and directors. Serves as a constitution of a
company.
Non-profit company An association incorporated not for gain.
State-owned
company (SOC)
@ Juffrou_ Ansie
