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2024 Grade 10 Term 2 Sba Task Presentation MG

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83% found this document useful (6 votes)
18K views7 pages

2024 Grade 10 Term 2 Sba Task Presentation MG

Uploaded by

sindisn8
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

SUBJECT: BUSINESS STUDIES

GRADE : 10

TASK : PRESENTATION

TERM : 2

YEAR : 2024

MARKING GUIDELINE
This marking guideline consists of 8 pages.

1
BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

QUESTION 1
BUSINESS SECTORS

1.1 THE RELATIONSHIP BETWEEN PRIMARY, SECONDARY, AND TERTIARY BUSINESS SECTORS

2
BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

The relationship between the primary, secondary, and tertiary sectors


● The sectors work together to create an economic chain of production.
● The primary sector depends on the secondary sector for manufactured goods
such as machinery/equipment/fertilisers e.g. a farmer may require seeds from
another farm.
● The primary sector is dependent on the tertiary sector for its customer needs.
● The secondary sector processes the raw materials obtained from the primary
sector into more useful products.
● The secondary sector depends on the primary sector for raw materials and
products.
● The secondary sector depends on other secondary industries e.g. BMW needs
tyre from DUNLOP another secondary sector player
● Secondary sector needs the tertiary sector to sell their processed or manufactured
goods and also for services such as banks, insurance, transport and
communication
● The tertiary sector depends on the primary sector for raw materials that do not
need processing by the secondary sector.
● The tertiary sector depends on the secondary sector for manufactured goods such
as office machines/office furniture/stationery etc.

(5)
1.2 MEANING OF PRIVATE SECTOR

Meaning of a private sector


● Privately owned by entrepreneurs
● Aimed at meeting both the need and wants of the society
● Profit-driven businesses
● Owners provide own funds or loans to run their businesses.
● Examples include businesses owned privately as sole traders, partnerships or
companies with a profit motive.
● The businesses are focused to meet the demand of consumers.
● Businesses in this sector that do not operate to make profit are NGOs (non-
government organisations) and NPOs (non-profit organisations).
● Some services from the public sector are repeated in this sector, such as
education, healthcare and housing, and could be of better quality that the
government service
Any other relevant answer related to the relationship between primary,
secondary,

(4)

3
BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

1.3 The differences between the public and private sectors


PUBLIC SECTOR PRIVATE SECTOR
● Aim is to meet the needs of the ● Aim is to meet both the need
society and wants of the society.
● State owned/state run or ● Privately owned by
parastatals which are operated entrepreneurs
by private company.
● Partly or wholly funded by tax ● Owners raise capital to fund
money their businesses
● Motive is to provide a service ● Motive is to make a profit
● State ownership ● Owned by different forms of
ownership.
● State owned businesses report ● Businesses in this sector do not
to government report to government but
owners.
● Government monitors and ● Owners oversees their
oversees their performance performance

NOTE: 1. The differences may not be in an in tabular format.


2. The differences do not have to link but must be clear.
3. Award a maximum of THREE (3) marks if the differences are not
clear.
4. Mark either the private sector or of public sector.
(6)

1.4 Importance of the public sector

● provides public goods and services such as water and electricity to meet the
needs of its people
● Offers affordable services that the private sector.
● Aims to meet the needs of society.
● Public sector businesses do not aim to make profit.
● Provides infrastructure that supports private sector development
● Provides people with job opportunities.
● Improves the general standard of living of all people.
● Controls pollution and protects/conserves natural resources such as water, wildlife
and precious stones.
● Intervenes in the economy to limit anti-competitive behaviour.
● Offers valuable services such as public roads/ public hospitals/public schools etc.

(4)

4
BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

Socio-economic issues

1.5 The meaning of inclusivity


• Inclusivity means giving everyone opportunities without discriminating based on
age, race, gender, sexual orientation, disabilities/HIV status etc.
• Inclusivity means valuing the differences between people and consciously
encouraging diversity in the workplace.
• It aims to address imbalances such as businesses only employing male staff
members in management and top positions- a practice that was prevalent before
the onset of democracy.
(4)
1.6 The purpose of inclusivity in the workplace
• Inclusivity enables businesses to make the best use of all human resources.
• Promotes equal opportunity for every employee to obtain skills that will lead to
promotion and career path.
• Promotes respect for each person and their contributions in the workplace.
• Promotes healthy/happy working environments, which in turn increase job
satisfaction and productivity.
• Increase tolerance of each other’s ideas and beliefs.
• Increase communication in the workplace so that business goals/objectives are
achieved.
• Businesses are able to use a variety of talents and skills.
• Inclusivity increases education and training resulting to a decrease in poverty.
• Increases the number of middle-class people participating in the economy.
• The goal of inclusivity is to ensure that the business implements fair labour
practices.
• It seeks to redress the inequalities of the past.
• Ensures that workplaces are created where people of different races, genders and
religions can work together to the benefit of the business.
• Ensure that their workforce is representatives of the demographics of the country.

(6)
1.7.1
SOCIO-ECONOMIC ISSUES MOTIVATIONS

Some of the workers at SM have


HIV/AIDS difficulty
in getting time-off from work to collect
their monthly anti-retroviral medication.
Gambling Some of their customers and workers
spend most of their salary at the local
casino.
Many informal traders are selling
Counterfeiting replicas
of the products that BM produces, and
this has a negative impact on BM.

Max (6)

5
BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

1.7.2 NEGATIVE IMPACT OF HIV/AIDS, GAMBLING, AND COUNTERFEITING ON BM

The negative impact of HIV/Aids on businesses


● Loss of skilled staff due to HIV related illnesses.
● Profits will be lower as production decreases.
● High absenteeism because of medical appointments for doctor or clinic visits resulting
to a decrease in productivity.
● Conflict can arise among staff if they discover that a worker is HIV positive.
● Businesses face high levels of non-attendance of employees who become ill or
request to attend funerals.
● Businesses find it difficult to keep up production levels and to meet deadlines
because of poor staff morale.
● Businesses face increased costs of finding/recruiting/training replacements.
● The pool of available skilled workers is getting smaller due to the high rate of HIV
infection.
● The costs of finding replacement employees and recruiting are high.
● Business needs to invest money in programmes to educate the workers regarding
AIDS.
● Decrease in the number of consumers cause a drop in the demand for goods and
services.
● Costs such as insurance/retirement funds/health/safety are higher as a result of HIV
for the business.
● Businesses face increased costs of paying benefits like housing subsidies, medical
care, funeral care and pension funds.
● Staff morale might be low as they are concerned about their health thus lowering
productivity.
● Trained and experienced employees often die due to complications caused by HIV
before they can grow old. This causes an increase in staff turnover for the business.
This in turn creates additional expenses for businesses when they need to hire and
train new employees.
Any other relevant answer related to negative impact of HIV/AIDS on businesses/BM

The impact of gambling on businesses


● Employees may not work overtime at short notice.
● High rate of employee absenteeism.
● Local businesses forced out of business.
● Gambling hides criminal activities and can lead to workplace violence.
● Compulsive gamblers cannot focus on work while preoccupied with gambling.
● Compulsive gambling puts a strain on relationships in the workplace.
● Addicted employees could also steal to get money for gambling.
● Reduces productivity as it encourages crime and corruption.
● When gamblers lose their money, they have less to spend on goods and services,
which affects business negatively.
● Decrease in savings leads to a decrease in future production.
● Less buying power as people may lose their money on pyramid schemes, casino
gambling etc.
● Individuals losing cash can display lower morale levels at work and this will influence
their work relationships and responsibilities.
● The employees can suffer from depression and thereby not be able to focus on their
work tasks and responsibilities.

6
BUSINESS STUDIES 2024 GRADE 10 SBA TASK: PRESENTATION TERM 2

● Any other relevant answer related to negative impact of gambling on


businesses/BM

The impact of counterfeiting on businesses


● Due to the circulation of counterfeited products a decline in sales may be
experienced by businesses.
● Legal costs will increase businesses expenses if legal action is taken against
those involved in illegal activities.
● Businesses may be forced to increase their prices to reduce the impact that
illegal products may have.
● Business profits will be reduced because of customers buying cheaper products.
● It Hurts Legitimate Companies, especially Small Business, legitimate manufacturers
devote significant resources to researching and developing products and building a
reputation for quality among consumers.
● Counterfeiters, in turn, seek to profit unfairly off of another company’s good name,
and it’s often fatal to small businesses and entrepreneurs. The lost sales
● Any other relevant answer related to impact of counterfeiting on businesses/BM
(5)

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