,OTE2601 Assignment 3 (COMPLETE ANSWERS)
2025 - DUE 8 July 2025; 100% TRUSTED Complete,
trusted solutions and explanations.
MULTIPLE CHOICE,ASSURED EXCELLENCE
QUESTION 1 Stokvels are popular and even banks offer stokvel
options. Opening a stokvel account with a bank provides
members with the security they do not get with informal
stokvels. Compare the stokvel account from FNB or Standard
Bank with the stokvel account of ABSA or Nedbank. In your
answer, elaborate on the types and roles of various stokvels.
(25) QUESTION 2 Suppose a flea market is arranged at your
Ndamulelo High School. You, as the Economic and Management
Sciences teacher, are responsible for taking a group of Grade 7
learners through the arrangements before, during and after the
event. Discuss your vital role focussing on the merits or
demerits of each of the following headings: 2.1 Before the flea
market (8) 2.2 During the flea market (9) 2.3 After the flea
market (8) (25) Downloaded by samay pipper () lOMoARcPSD|
OTE2601/101/0/2025 17 QUESTION 3 Apart from storytelling,
in a Grade of your choice, indicate how you would demonstrate
your experience as a senior teacher in Economics and
Management Sciences at Mutendwahothe High School. Discuss
how you will use any five teaching and learning methods to
train and develop entrepreneurs in the school? Which of the
five methods do you regard as the best? Choose one and
, substantiate on your argument. (25) QUESTION 4 The financial
management of a business is generally concerned with
procurement, allocation and the control of financial resources.
Illustrate how and why you will use any five of the financial
management functions listed below: 4.1 Estimation of capital
requirements (5) 4.2 Determination of capital composition (5)
4.3 Choice of sources or funds (5) 4.4 Investment of funds (5)
4.5 Disposal of surplus (5) 4.6 Management of cash (5) 4.7
Financial controls (5)
QUESTION 1: Comparison of Stokvel Accounts and Roles of
Stokvels (25 marks)
Types and Roles of Stokvels:
Stokvels are informal savings groups where members contribute
a fixed amount of money regularly, either weekly or monthly,
and take turns to receive the lump sum. They play various roles:
Savings stokvels: Members save money for a specific
purpose like buying groceries.
Investment stokvels: Groups invest pooled funds in
property or stock markets.
Burial societies: Provide financial support for funeral costs.
Grocery stokvels: Help members bulk-buy groceries at
year-end.
2025 - DUE 8 July 2025; 100% TRUSTED Complete,
trusted solutions and explanations.
MULTIPLE CHOICE,ASSURED EXCELLENCE
QUESTION 1 Stokvels are popular and even banks offer stokvel
options. Opening a stokvel account with a bank provides
members with the security they do not get with informal
stokvels. Compare the stokvel account from FNB or Standard
Bank with the stokvel account of ABSA or Nedbank. In your
answer, elaborate on the types and roles of various stokvels.
(25) QUESTION 2 Suppose a flea market is arranged at your
Ndamulelo High School. You, as the Economic and Management
Sciences teacher, are responsible for taking a group of Grade 7
learners through the arrangements before, during and after the
event. Discuss your vital role focussing on the merits or
demerits of each of the following headings: 2.1 Before the flea
market (8) 2.2 During the flea market (9) 2.3 After the flea
market (8) (25) Downloaded by samay pipper () lOMoARcPSD|
OTE2601/101/0/2025 17 QUESTION 3 Apart from storytelling,
in a Grade of your choice, indicate how you would demonstrate
your experience as a senior teacher in Economics and
Management Sciences at Mutendwahothe High School. Discuss
how you will use any five teaching and learning methods to
train and develop entrepreneurs in the school? Which of the
five methods do you regard as the best? Choose one and
, substantiate on your argument. (25) QUESTION 4 The financial
management of a business is generally concerned with
procurement, allocation and the control of financial resources.
Illustrate how and why you will use any five of the financial
management functions listed below: 4.1 Estimation of capital
requirements (5) 4.2 Determination of capital composition (5)
4.3 Choice of sources or funds (5) 4.4 Investment of funds (5)
4.5 Disposal of surplus (5) 4.6 Management of cash (5) 4.7
Financial controls (5)
QUESTION 1: Comparison of Stokvel Accounts and Roles of
Stokvels (25 marks)
Types and Roles of Stokvels:
Stokvels are informal savings groups where members contribute
a fixed amount of money regularly, either weekly or monthly,
and take turns to receive the lump sum. They play various roles:
Savings stokvels: Members save money for a specific
purpose like buying groceries.
Investment stokvels: Groups invest pooled funds in
property or stock markets.
Burial societies: Provide financial support for funeral costs.
Grocery stokvels: Help members bulk-buy groceries at
year-end.
