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  SECTION B: CONTEXTUAL QUESTIONS This section consists of THREE questions, only answer TWO questions. Make use of bullet points where necessary.     QUESTION 2: BUSINESS VENTURES   2.1 Read the case study and answer the question that follow.     NEWBEE STUDIOS (NS) NS specialises in the development of new TV shows, for various TV channels. Chloe, the production manager, offers rewards to motivate employees who set and meet their targets. Garth, the marketing manager, uses charm to influence this team to work hard.   2.1.1 Identify the leadership style used by Chloe and Garth. Motivate your answer by QUOTING from the case study. (2×2)(4) 2.1.2 Describe the negative impact of Garth ’s leadership style, as identified in QUESTION 2.1.1 on businesses. (2X2)(4) 2.2 Read the extract and answer the questions that follow.     “…agreement whereby the insurer undertakes to indemnify the insured in the event of a specified loss in exchange for a premium…”   2.2.1 Provide an explanation for the following insurance terms:     2.2.1.1 Insurer 2.2.1.2 Indemnify 2.2.1.3 Average clause (3X2)(6) 2.3 Differentiate between insurance and assurance. Make use of the table below when answering this question. Insurance Assurance       (2X2)(4) 2.4 Outline THREE functions of the institution that trades with the shares of public companies. (3X2)(6) 2.5 Discuss TWO types of compulsory insurance. (2X3)(6) 2.6 Read the extract and answer the questions that follow.     Thembeka bought a flat for R500 000. She knows the importance of insurance and insured the flat for R400 000. A heater caught fire and caused damage to the amount of R40 000.   2.6.1 Calculate the amount that she would get back from the Insurer for the damage caused by the fire. (4×1)(4) 2.6.2 Elaborate on the importance of insurance for individuals and businesses. (3×2)(6)   TOTAL FOR QUESTION 2 [40]   OR  

  QUESTION 4: MISCELLANEOUS     BUSINESS ROLES   4.1 Explain ways in which businesses can apply the following King Code principles to improve their corporate governance:   4.1.1 Transparency (2×2)(4) 4.1.2 Accountability (2×2)(4) 4.2 Distinguish between the difference between problem solving and decision making. Make use of the table when answering this question. Decision making Problem solving     (4×2)(8) 4.3 State FIVE causes of conflict in the workplace. (5)   BUSINESS VENTURES   4.4 Outline the role of a personal attitude in successful leadership. (4×2)(8) 4.5 Sarah owns a thatched house close to Table Mountain valued at R100000. She insured her house with Retro-Cover Insurers for R800000. A fire on the mountain broke out and caused damages of R30000.   4.5.1 Calculate the amount that Retro-Cover Insurers will pay Sarah to cover damages. Show ALL calculations. (5) 4.5.2 How much will Sarah have to pay in to cover for the damages? (2) 4.5.3 Explain to Sarah the reason why she did not qualify for the full amount of damages sustained. (2×2)(4)   TOTAL QUESTION 4 [40]   TOTAL FOR SECTION B [80]

  SECTION A: COMPULSORY     QUESTION 1.1: MULTIPLE CHOICE   Four options are given as possible answers to the following questions. Choose the most appropriate answer.   1.1.1 A school principal who gives instructions to teachers without accepting inputs from them, illustrates a … management style. (2)

SUBJECT INSTRUCTIONS:   1. This question paper consists of THREE sections, namely SECTION A, SECTION B and SECTION C. SECTION A: COMPULSORY SECTION B: Consists of THREE questions covering Topics dealing with Business Roles and Business Ventures in Terms 1 and 2.  Answer TWO questions from this section. SECTION C: Consists of TWO essays covering Topics dealing with Business Roles and Business Ventures Terms 1 and 2.  Answer ONLY ONE of the TWO questions from this section.   2. Consider the time allocation for each question when answering.   3. Read the instructions for each question carefully and answer only what is required.   4. Number the answers correctly according to the numbering system used in this question paper.   5. Except where other instructions are given, answers must be in full sentences.   6. The mark allocation of each question will determine the length of your answer.   7. Use the table below as a guide for marks and time allocation for each question.     QUESTION SECTION MARKS TIME 1 A: Multiple choice question,  choose the correct word and fill in the missing word. 30 20 mins 2 B: THREE direct questions. Answer ONLY TWO questions. 40 35 mins 3 40 35 mins 4 40 35 mins 5 C: ONE essay question. 40 35 mins 6   40 35 mins     TOTAL 150 120 minutes    

Specific unfair behavior toward members of a group is known as:

The largest amphibious landing/operation in history occured during World War II and was called D-Day, also known as ______________________.

During the 19th Century, the ____________________ rose to challenge the two-party system that dominated American politics. 

The Zimmerman Telegram was a proposed alliance between Germany and _______________ during World War I.

Immediately following World War II, the world entered the _________________ era.

The alliance of Britain, France, and Russia during World War I was called the ____________________.