Business Studies Grade 10 Round 1

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2025 Business Studies Grade 10 Round 1

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CHOOSE THE MOST CORRECT OPTION FOR QUESTIONS 1 TO 30

Business environments

1. Which of the following is an example of a business resource in the microenvironment?

1 point

Government regulations

Suppliers

Employees

Exchange rates

Clear selection

2. Which business function is responsible for ensuring that goods and services reach customers?

1 point

Human Resources

Marketing

Finance

Public Relations

Clear selection

3. A sole trader is characterised by

1 point

limited liability.

unlimited liability.

many shareholders.

a separate legal identity.

Clear selection

4. The organisational structure of a business is determined by

1 point

the political environment.

the number of employees.

the business’s vision and mission.

the supply chain.

Clear selection

5. Which is a key responsibility of general management in a business?

1 point

Manufacturing of goods.

Conducting marketing research.

Setting business objectives.

Providing loans.

Clear selection

6. The market environment consists of

1 point

competitors, customers, and suppliers.

employees and shareholders.

government policies.

the natural environment.

Clear selection

7. A business is experiencing price competition. Which factor is affecting it?

1 point

Suppliers

Customers

Competitors

Regulators

Clear selection

8. A major clothing retailer in South Africa struggles as international fast fashion brands expand their market share. How should it respond?

1 point

Increase prices.

Offer unique value to customers.

Reduce marketing costs.

Focus only on internal resources.

Clear selection

9. A clothing retailer has to adjust its prices due to a rise in import taxes. This demonstrates the relationship between

1 point

the micro and market environments.

the market and macro environments.

the macro and economic environments.

the economic and microenvironments.

Clear selection

10. A company that sources materials from different suppliers is engaging in

1 point

horizontal integration.

vertical integration.

market penetration.

price discrimination.

Clear selection

11. Consumer price inflation is forecast to average 4.5% in 2025. This affects businesses in the

1 point

microenvironment.

market environment.

macro environment.

competitive environment.

Clear selection

12. A local bakery is struggling because a new competitor has opened nearby. Which environment is most affected?

1 point

Macro environment

Microenvironment

Market environment

Economic environment

Clear selection

13. Which economic factor influences consumer spending power?

1 point

Weather conditions

Exchange rates

Business culture

Supplier relationships

Clear selection

14. The impact of a global recession on a South African business is an example of a challenge in the

1 point

market environment.

macro environment.

microenvironment.

business function environment.

Clear selection

15. How should businesses adapt to rising fuel prices affecting their transportation costs?

1 point

Increase product prices significantly.

Invest in energy-efficient vehicles.

Reduce supplier diversity.

Increase the number of delivery trucks.

Clear selection

Interconnection between environments

16. When a business fails due to high interest rates, this demonstrates the interaction between

1 point

micro and market environments.

market and macro environments.

micro and macro environments.

political and technological environments.

Clear selection

17. A global chip shortage disrupts the production of smartphones. How does this affect businesses in South Africa?

1 point

It creates opportunities for local manufacturing.

It reduces the demand for smartphones.

It forces businesses to lower prices.

It only affects international companies.

Clear selection

18. A high unemployment rate affecting the customer base of a retailer illustrates

1 point

a microenvironment challenge.

a market environment challenge.

a macro environment influence.

a business function challenge.

Clear selection

Business and economic sectors

19. What is the likely impact of increasing automation in South Africa’s secondary sector?

1 point

It will improve production efficiency but reduce unskilled job opportunities.

It will have no effect on employment levels.

It will eliminate the need for businesses in this sector.

It will force the government to stop automation.

Clear selection

20. A business that provides legal services operates in the

1 point

primary sector.

secondary sector.

tertiary sector.

government sector.

Clear selection

21. Which economic sector contributes the most to South Africa’s GDP?

1 point

Mining

Manufacturing

Services

Agriculture

Clear selection

22. How could artificial intelligence impact the services sector in South Africa?

1 point

Increase automation and job displacement.

Reduce digital transformation.

Remove competition in industries.

Lower customer expectations.

Clear selection

23. What long-term effects could a shrinking agricultural sector have on South Africa’s economy?

1 point

It could boost food imports and increase foreign dependency.

It could create more employment in urban areas.

It could lower food prices for consumers.

It could strengthen South Africa’s GDP.

Clear selection

24. How could businesses in the tertiary sector adapt to artificial intelligence replacing traditional jobs?

1 point

Upskilling employees to work alongside AI.

Eliminating all customer service roles.

Reducing investment in digital transformation.

Increased reliance on manual labour.

Clear selection

The circular flow and business functions

25. In the circular flow model, households provide

1 point

goods and services.

factors of production.

government regulations.

marketing strategies.

Clear selection

26. An entrepreneur is best described as someone who

1 point

works for a large corporation.

takes risks to start and manage a business.

avoids competition.

focuses only on financial investments.

Clear selection

27. Which of the following is a key characteristic of a successful entrepreneur?

1 point

Prefers to work alone.

Takes calculated risks.

Avoids challenges.

Follows trends without innovation.

Clear selection

28. How should businesses respond to South Africa’s electricity crisis?

1 point

Close all operations.

Invest in renewable energy solutions.

Reduce production.

Move operations overseas.

Clear selection

29. How might the rise of remote work affect the circular flow of income in South Africa?

1 point

It will have no effect on the economy.

It will prevent economic growth.

It will increase the demand for factory workers.

It could reduce spending on transport and urban infrastructure.

Clear selection

30. If South Africa were to increase its reliance on renewable energy, how would this impact the business sector?

1 point

It would create job opportunities in the green energy sector.

It would decrease investment in businesses.

It would reduce the role of entrepreneurs.

It would only impact government-owned companies.

Clear selection

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