1
Grade 10
BUSINESS-
STUDIES
Paper 2
June exam
2025
Previous exam papers have been used to compile these notes, @IMPAQ June exam 2019, 2020 &
2022/ DBE Gauteng 2023. @IMPAQ Jun 2024. DBE Revised revision T2 – 2024
These are only suggested answers from the memorandums. Some information is repeated, I want
to show you the different ways the same information is asked. I encourage you to answer the
calculation/illustration questions.
NOTE: You MUST study Term 1’s notes with Paper 1 ‘s notes. If you haven’t purchased term
1’s notes, please contact .
Good luck. Juffrous Ansie
Topics Covered:
1. Social responsibility
2. Entrepreneurial traits
3. Business forms
Keep the following in mind when answering the question paper:
➢ You MUST answer in full sentences.
➢ If you are asked for FIVE facts, just write 5. The rest of your answers WILL be ignored.
➢ All questions that need to be explained/discussed/described will be marked as follows:
I. Heading – 2 marks
II. Explanation – 1 mark or as indicated in the memorandum.
➢ Essay questions:
@ Juffrou_ Ansie
, 2
I. No marks may be awarded for content repeated in the introduction and
conclusion.
II. If INTRODUCTION and CONCLUSION are not indicated, you will lose the marks.
Essay layout:
Analysis:
Introduction
17/36
X (2 points)
18/36
X-
Body (Do not write and underline body)
x (Write down and underline each sub-heading & write full sentences in full sentences.)
x
x 40
40
x
x
CONCLUSION
X (2 points)
MULTI – CHOICE
An entrepreneur A person who invents a new product or service or who improves an
existing product or service; entrepreneurs can use other people's
ideas and start their own businesses.
Intrapreneur A manager within a business who converts an idea into a profitable
finished product.
Exploitation When one person or group uses a weaker person or group to take
unfair advantage of them.
Self confidence The belief that you could be successful in whatever you do
Capital Money or assets of a business, including money that the owners of a
business need to start and operate it.
CC The abbreviation at the end of a close corporation's name.
@ Juffrou_ Ansie
, 3
The meaning of • Unemployment is the condition where people want to work and
unemployment are able to work but cannot find a job.
• The state of job-seeking people in the economically active
population who can find work despite being willing and able to
work
• Unemployment often goes with a lack of skills or the wrong skills
for the current job market, but if the economy is not growing fast
enough to absorb new jobseekers, many skilled people will also
struggle to find employment.
Unproductive Labour Unproductive work force refers to workers who do not work at the
Force required level of productivity for a business to be sustainable.
Workers produce less than they should.
Impact of unproductive workforce on businesses
• There is always tension between the employers and
employees because employees are not performing below
employers’ expectations.
• Low profits for business and make it difficult to survive an
economic recession.
• Stress for both employees and employers.
Deed of incorporation The memorandum of association sets out the rights, responsibilities
and duties of shareholders.
Triple end result Communicating the efforts a business makes (other than profit),
including people and the planet, is known as a triple bottom line.
Shares Equal parts in which a business is divided and sold to make money
Tax concession To allow the expenses for a project to be deducted from the
business's income
Passion Passion is a high level of enthusiasm and a willingness to learn from
your mistakes
Persistence To be determined to do something despite any difficulties or
obstacles
Limited liability Limited liability is when the owner is only liable for the amount they
have invested in the business.
Directors Directors are the managers of a company
@ Juffrou_ Ansie
Grade 10
BUSINESS-
STUDIES
Paper 2
June exam
2025
Previous exam papers have been used to compile these notes, @IMPAQ June exam 2019, 2020 &
2022/ DBE Gauteng 2023. @IMPAQ Jun 2024. DBE Revised revision T2 – 2024
These are only suggested answers from the memorandums. Some information is repeated, I want
to show you the different ways the same information is asked. I encourage you to answer the
calculation/illustration questions.
NOTE: You MUST study Term 1’s notes with Paper 1 ‘s notes. If you haven’t purchased term
1’s notes, please contact .
Good luck. Juffrous Ansie
Topics Covered:
1. Social responsibility
2. Entrepreneurial traits
3. Business forms
Keep the following in mind when answering the question paper:
➢ You MUST answer in full sentences.
➢ If you are asked for FIVE facts, just write 5. The rest of your answers WILL be ignored.
➢ All questions that need to be explained/discussed/described will be marked as follows:
I. Heading – 2 marks
II. Explanation – 1 mark or as indicated in the memorandum.
➢ Essay questions:
@ Juffrou_ Ansie
, 2
I. No marks may be awarded for content repeated in the introduction and
conclusion.
II. If INTRODUCTION and CONCLUSION are not indicated, you will lose the marks.
Essay layout:
Analysis:
Introduction
17/36
X (2 points)
18/36
X-
Body (Do not write and underline body)
x (Write down and underline each sub-heading & write full sentences in full sentences.)
x
x 40
40
x
x
CONCLUSION
X (2 points)
MULTI – CHOICE
An entrepreneur A person who invents a new product or service or who improves an
existing product or service; entrepreneurs can use other people's
ideas and start their own businesses.
Intrapreneur A manager within a business who converts an idea into a profitable
finished product.
Exploitation When one person or group uses a weaker person or group to take
unfair advantage of them.
Self confidence The belief that you could be successful in whatever you do
Capital Money or assets of a business, including money that the owners of a
business need to start and operate it.
CC The abbreviation at the end of a close corporation's name.
@ Juffrou_ Ansie
, 3
The meaning of • Unemployment is the condition where people want to work and
unemployment are able to work but cannot find a job.
• The state of job-seeking people in the economically active
population who can find work despite being willing and able to
work
• Unemployment often goes with a lack of skills or the wrong skills
for the current job market, but if the economy is not growing fast
enough to absorb new jobseekers, many skilled people will also
struggle to find employment.
Unproductive Labour Unproductive work force refers to workers who do not work at the
Force required level of productivity for a business to be sustainable.
Workers produce less than they should.
Impact of unproductive workforce on businesses
• There is always tension between the employers and
employees because employees are not performing below
employers’ expectations.
• Low profits for business and make it difficult to survive an
economic recession.
• Stress for both employees and employers.
Deed of incorporation The memorandum of association sets out the rights, responsibilities
and duties of shareholders.
Triple end result Communicating the efforts a business makes (other than profit),
including people and the planet, is known as a triple bottom line.
Shares Equal parts in which a business is divided and sold to make money
Tax concession To allow the expenses for a project to be deducted from the
business's income
Passion Passion is a high level of enthusiasm and a willingness to learn from
your mistakes
Persistence To be determined to do something despite any difficulties or
obstacles
Limited liability Limited liability is when the owner is only liable for the amount they
have invested in the business.
Directors Directors are the managers of a company
@ Juffrou_ Ansie
