Business Studies June exam P2 (Mix)

What is the definition of poverty?

How does poverty impact business according to the text?

What does cyclical poverty refer to?

Why do poverty and inequality impact business security costs?

What is the definition of inclusivity in a business context?

What is the main aim of inclusivity in business?

Which form of ownership has an unlimited joint and several liability among partners?

In which form of ownership does the continuity depend on the involvement of any particular shareholder?

Which form of ownership requires a minimum number of members depending on the type of cooperative?

Which form of ownership is known for being the simplest and least costly to establish?

In which form of ownership is the management solely done by the owner?

Which form of ownership involves issuing a prospectus and registering with regulatory bodies?

What is one way investment in community development can benefit a company?

What role do trade unions play in Corporate Social Responsibility (CSR)?

How do fair compensation and benefits impact employees according to the text?

What type of programs provide long-term financial security for employees and contribute to economic stability?

What is one way to combat HIV/AIDS in the workplace?

Which quality of entrepreneurs involves having a keen eye for spotting business opportunities?

What is a critical trait defining successful entrepreneurs?

In which group of qualities do entrepreneurs who are committed to their vision fall?

What do entrepreneurs contribute to by creating employment opportunities and driving innovation?

How do stakeholders like suppliers impact CSR according to the information provided?

What Act encourages businesses to reflect the demographic makeup of society in their workforce?

Which of the following statements best describes unemployment?

What is the impact of HIV and AIDS on businesses?

What does piracy entail?

How do strikes impact a company?

What is the purpose of consumer protection laws against piracy and counterfeiting?

What is the major impact of workplace violence on businesses?

What does corporate social responsibility entail?

How is illegal gambling related to organized crime?

What impact do pyramid schemes have on newer recruits?

What is a defining characteristic of entrepreneurs in terms of risk-taking?

Which quality is essential for capitalizing on business opportunities according to the text?

What is a key quality of entrepreneurs in terms of their vision?

Which characteristic do entrepreneurs possess to align with market demands?

What do entrepreneurs embrace in terms of business responsibility?

Which skill is critical for ensuring business success according to the text?

What drives successful entrepreneurs according to the text?

What is one characteristic of entrepreneurs concerning organizational skills?

Which term describes a business's capacity to continue operations despite owner changes?

How are owners' liabilities affected in a business with limited liability?

How does cyclical poverty perpetuate across generations?

What impact does poverty have on economic participation and consumer markets?

Why do poverty and inequality often necessitate higher spending on security measures by businesses?

What is the primary aim of inclusivity in a business context?

What does poverty perpetuate through deprivation of essential needs and services?

How does Inclusivity aim to contribute to the workforce?

Which form of ownership is managed by members or appointed managers?

Which form of ownership requires at least one director for management?

In terms of continuity, which form of ownership is known for depending on the partnership agreement?

Which form of ownership involves a more complex registration process including a memorandum of incorporation?

Which form of ownership has a stable continuity and does not depend on any single member?

Which form of ownership requires reserving a business name and registering the founding statement?

What is the main purpose of the Employment Equity Act?

How does unemployment impact society according to the text?

What is the primary business impact of HIV and AIDS highlighted in the text?

Which of the following types of activities often fund organized crime, hence contributing to social issues?

What is the primary impact of workplace violence on businesses according to the text?

Why do laws against piracy and counterfeiting protect consumers?

In relation to strikes, what is a key aspect that can significantly disrupt a company's production?

What is a distinguishing characteristic of entrepreneurs in terms of their ability to seize new business opportunities?

How does money laundering affect economic stability according to the text?

How do owners of businesses with limited liability benefit in terms of their liabilities?

Which stakeholder group in CSR is primarily responsible for advocating for fair labor practices?

What is the critical aim of Corporate Social Responsibility (CSR) according to the text?

What quality is essential for entrepreneurs aiming to stay ahead of competitors and increase profitability?

What is the main purpose of implementing policies related to HIV/AIDS in the workplace?

Which quality do entrepreneurs demonstrate by continuously putting in dedicated effort to create valuable and sustainable businesses?

What is a direct benefit of investing in community development for a business?

Which group of qualities do entrepreneurs fall into when they are known for their proactive approach in seeking business opportunities?

What distinguishes entrepreneurs from others in terms of ability to generate profit?

Which measure demonstrates a business's commitment to combatting HIV/AIDS in the workplace?

Amongst the stakeholder groups in CSR, which is responsible for ensuring product quality and safety?

What does it mean when entrepreneurs assess risks carefully and engage in manageable risks?

What is a key reason for entrepreneurs to continuously seek information and adjust strategies according to market demands?

In terms of liability, what distinguishes owners in businesses with limited liability?

What does having legal personality mean in the context of businesses?

How is taxation different for sole proprietors compared to corporations as per the text?

What is a critical trait successful entrepreneurs exhibit in their leadership style?

What characteristic is fundamental for establishing and sustaining a successful business in the face of challenges?

What quality do entrepreneurs possess related to organizational skills, according to the text?

What role does confidence and self-belief play in an entrepreneur's approach to achieving business objectives?

How do entrepreneurs approach responsibility, as highlighted in the text?

How does cyclical poverty contribute to the perpetuation of poverty across generations?

Which factor is impacted by poverty and inequality, often leading to increased crime rates and necessitating higher security costs for businesses?

What does inclusivity aim to achieve in a business context?

What impact can poverty and inequality have on business operational costs due to increased crime rates?

How does inclusivity contribute to reducing societal disparities within a business?

What role do wealth disparities play in the perpetuation of poverty according to the text?

What is a distinguishing characteristic of a Close Corporation (CC) concerning continuity?

In terms of management, what is the common feature between a Partnership and a Close Corporation (CC)?

What is a defining characteristic of a Public Company (Ltd) in terms of the number of shareholders?

Which type of ownership involves reserving a business name and registering the founding statement?

What is a characteristic specific to a Sole Proprietorship concerning legal personality?

Which form of ownership requires a more complex registration process, including a memorandum of incorporation?

What is the primary focus of social responsibility in business?

How does illegal gambling impact the economy?

What distinguishes piracy from counterfeiting?

What is one adverse consequence of unemployment according to the information provided?

What direct benefit can a company gain from investing in community development?

What characterizes workplace violence in a business setting?

How do entrepreneurs contribute to economic growth according to the text?

How does money laundering impact the economy negatively?

What is the key reason for businesses to comply with employment equity legislation?

Why is fair compensation and benefits important for employees?

What is a critical characteristic of entrepreneurs in terms of their vision?

What effect does workplace violence have on a company's profitability?

In the context of ownership, which type of liability means owners are personally responsible for all business debts?

Which quality of entrepreneurs involves identifying and seizing new business opportunities?

What is the main difference between corporations and sole proprietors in terms of tax?

How can a company enhance its reputation through CSR activities?

How does pyramid schemes differ from genuine investments?

Which form of ownership describes the legal situation where a company can enter into contracts independently of its owners?

What is the critical role that trade unions play in CSR?

Why is it vital for businesses to address social issues like crime and poverty?

What aspect of entrepreneurs is crucial for driving their businesses forward?

How do entrepreneurial qualities improve market efficiency?

What is a distinguishing characteristic of entrepreneurs regarding risk-taking?

Why do successful entrepreneurs need exceptional organizational skills?

How can businesses make supply chains more sustainable?

Which type of characteristics do entrepreneurs exhibit as they strive to overcome obstacles?

What aspect of employee development contributes to a more skilled workforce?

In terms of a business's legal continuity, what does the ability to continue operations despite the exit of owners refer to?

Why do entrepreneurs continuously adjust their strategies according to market demands?

Which factor differentiates corporations and close corporations from partnerships and sole proprietorships?

Which type of ownership allows for the most possible shareholders?

Among the forms of ownership described, which one has a management structure requiring at least one director?

Which form of ownership is known for requiring a more structured registration process involving a memorandum of incorporation?

In terms of continuity, which form of ownership is mainly dependent on the involvement of the partnership agreement?

Which form of ownership is governed by a board of directors elected by its members?

Among the forms of ownership mentioned, which has a management structure that can be led by one or several partners?

How does cyclical poverty negatively impact economic participation and consumer markets?

What is the main consequence of poverty and inequality on security costs for businesses?

How does embracing diversity and inclusivity contribute to reducing inequality in the workforce?

What impact does poverty have on the perpetuation of poverty across generations according to the text?

What is the definition of inclusivity in a business context based on the information provided?

How does poverty restrict full participation in the economy, affecting consumer markets and business opportunities?

What impact does the Employment Equity Act aim to have on businesses?

What characterizes the impact of unemployment on individuals according to the text?

What is the primary difference between piracy and counterfeiting?

How does illegal gambling typically impact the economy?

What distinguishes pyramid schemes from money laundering?

How does workplace violence affect businesses according to the content?

What is the main aim of social responsibility in business according to the text?

How does the Employment Equity Act contribute to social cohesion?

What purpose do laws against piracy and counterfeiting serve?

How do strikes impact the reputation of a company?

What key role does the community play in Corporate Social Responsibility (CSR)?

How can businesses contribute to economic growth according to the provided text?

What is the primary focus of entrepreneurs in terms of market competition?

How do trade unions contribute to Corporate Social Responsibility (CSR)?

What is the main function of entrepreneurs in regard to economic investment?

Which characteristic defines the entrepreneurial approach to tackling an unproductive labor force?

In what way do entrepreneurs drive innovation in the business landscape?

What characteristic is fundamental to the entrepreneurial role in combating HIV/AIDS in the workplace?

What distinguishes entrepreneurs in terms of recognizing business opportunities?

How do suppliers contribute to enhancing Corporate Social Responsibility (CSR)?

What term describes a business's capacity to maintain operations despite the departure or death of its owners?

Which form of ownership indicates that owners are solely accountable for business debts and may lose personal assets if the business fails?

What factor influences the amount of tax paid by a business based on its legal structure?

Which term defines the legal steps necessary for a business to be officially established and commence operations?

Which quality outlines an entrepreneur's capability to organize resources efficiently to create and provide value?

What factor distinguishes corporations and close corporations from partnerships and sole proprietorships in terms of liability?

Which characteristic differentiates the legal identity of companies like corporations from partnerships and sole proprietorships?

What does the term 'Capital' refer to concerning business operations?

Which form of ownership necessitates owners to be only liable for the amount they invested in the business?

What concept characterizes a business's ability to maintain operations unaffected by the exit, retirement, or death of its owners?