Business Studies Grade 10 Core Notes

Which scenario exemplifies how competition can be viewed as an opportunity for a business?

Which of the following best describes a threat to a business?

What action should a company take toward possible operational threats?

Which environmental factor is LEAST likely to be within a business's direct control?

Which factor exemplifies a business operating within the macro environment?

In which scenario does a business directly experience a challenge posed by the macro environment?

Which of these scenarios represents a market environment challenge for a business?

A business experiencing shortages of essential supplies is facing a challenge primarily related to which environment?

What facet of the macro environment is most directly reflected when customers start seeking lower priced alternatives?

Which component of the macro environment directly includes population demographics such as age, gender, and ethnicity?

Which aspect of the micro environment is NOT directly determined by the business itself?

What analytical tool assesses the impact of the macro environment on a business using factors such as political and economic conditions?

Which situation exemplifies a threat resulting from changes in consumer tastes?

Within the PESTLE framework, which element considers alterations in government rules and regulations impacting business operations?

If a new law is passed that requires all businesses to offer paid maternity leave, which element of the macro environment is most directly affecting the businesses?

Which aspect of the macro environment is affected when new technologies make existing products obsolete?

Which of the following is a characteristic of the informal sector?

Which of the following is an example of a business operating in the formal sector?

How can technology present a challenge to businesses?

What is the primary strategy for businesses to address the challenges posed by new technologies?

Which of the following is a key benefit of the informal sector?

Why is adherence to legal regulations important for businesses?

What is the primary aim of businesses operating in the private sector?

Which sector provides essential services that the market undervalues, requiring government intervention?

What is the role of institutional environments in the context of international business?

Which of the following is an example of a service typically provided by the public sector?

What should businesses ensure when exporting products internationally?

What is the process called when the government sells a business in the public sector to the private sector?

In terms of the physical/natural environment, what poses a challenge for businesses?

What is a key aspect to consider when evaluating the physical/natural environment's impact on business?

Which of the following is NOT a typical characteristic of activities within the informal sector?

Which of the following factors does the physical environment encompass regarding business operations?

Which of the following is the primary aim of public sector businesses?

Which of the following is NOT a typical role of the public sector?

What does 'retrenchment' refer to in the context of employment?

What is the most accurate definition of 'socio-economic issues'?

Which of the following best describes a 'go-slow'?

What is a 'lock-out' in the context of industrial relations?

Which of the following is an example of intellectual property?

What is the key feature of 'sympathy strikes'?

Which action best demonstrates a commitment to creating an inclusive workforce, as described?

What is the critical difference between legal and illegal gambling activities?

How does gambling, particularly activities like money laundering, directly affect businesses?

What is the core principle that defines piracy in a business context?

What is a likely outcome for businesses affected by piracy?

A business owner discovers their unique invention is being copied and sold by another company. Which legal recourse would best protect their rights?

To protect an original song from being copied and distributed without permission, which legal protection is most appropriate?

Which business activity would be classified as illegal gambling?