Final exams for Business Studies in Grade 12 often cover a range of subjects that are important to the administration and operation of enterprises. These subjects could include:
November 2022: Paper 1 Business Studies for Grade 12
Business Environment and Operations: This section discusses the internal and external elements that influence a firm, such as market conditions, rivalry, and laws. Also, it discusses the many business models and their organizational designs as well as the production and operational procedures used by companies to produce and provide goods and services.
Budgeting, forecasting, and financial statements are only a few of the topics covered in the section on business finance and accounting. It also talks about the many kinds of financial institutions and the financial products they provide.
Goal-setting, making decisions, and effective communication are just a few of the management and leadership ideas covered in this section on business management. Also, it discusses various management philosophies as well as managers’ responsibilities for inspiring and directing staff.
Popular paper 1 Business Studies Grade 12 problems are
Describe the various business organization types and their attributes.
Describe the various forms of ownership, together with their benefits and drawbacks.
Describe the various product life cycle stages and the associated marketing tactics.
Describe the various financial institution kinds and the services they provide.
Describe how management affects the planning, organizing, leading, and controlling processes.
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November 2022 Paper 2 Business Studies Grade 12
Business Economics: The concepts of micro and macroeconomics, such as supply and demand, elasticity, and market structures, are covered in this part. It also discusses how the government influences economic policy and how the economy affects enterprises.
Business ethics and social responsibility: This section discusses how firms should behave ethically and what their social and environmental impacts should be. Also, it discusses the many ethical theories and how corporate governance promotes ethical behavior.
Business Marketing: This section discusses the fundamentals of marketing, such as market analysis, product design, and advertising. It also discusses the various marketing tactics and the use of technology in contemporary marketing.
Common questions in Business Studies Paper 2 Grade 12
Describe the idea of demand elasticity and the value it has for businesses.
Describe market structures and how they affect company tactics.
Describe the many kinds of market research and their significance for creating marketing strategy.
Describe the many forms of promotion and the function that advertising plays in marketing goods and services.
Describe social responsibility and the part that businesses play in fostering sustainable development.
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