business ventures grade 10 essay

with Nonjabulo Tshabalala

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• Breakdown of Subtopics and Exam Scope
• Paper 1 – Business Studies – Topics and Core Notes
• Paper 2 – Business Studies – Topics and Core Notes
• Study Guides / Workbooks – Business Studies
• Grade 12 Past Exam Papers
• Grade 10 & 11 Past Exam Papers
• Business Legislation · RSA
• (CAPS) Policy Documents
• Shop Resources
• Business Studies Main Topics

Business Studies, Grade 10 – 12, content is divided into four main topics, which are divided further into sub-topics as below. The amount of information that needs to be learned in Business Studies can feel overwhelming, especially to Grade 12 learners. Breaking it down into such categories makes it easier to digest.

The longer sections of the examination papers are also divided into these four topics, so it helps to familiarise yourself with them. Whenever you start a new topic in your Business Studies class, every term, find out which of the main topics it falls under. This will give you an idea of how your exam papers , including the final exam, will be structured.

The information provided here is according to the South African National Curriculum Statements (NCS) Grades R – 12 .

Table of Contents

The Four Main Topics of Business Studies

Business environment (weighting 25%).

• Micro, market and macro environments
• Business sectors
• Contemporary socioeconomic issues

Business Venture (Weighting 25%)

• Entrepreneurship
• Business opportunity and related factors
• Business Plan
• Management and Leadership
• Forms of ownership
• Setting up a business
• Business location
• Investment: securities and insurance
• Presentation of business information

Business Role (Weighting 25%)

• Creative thinking and problem-solving
• Self-management, professionalism and ethics
• Human rights, inclusivity and environmental issues
• Social Responsibility
• Stress, crisis, change and conflict management
• Relationship and team performance

Business Operation (Weighting 25%)

• Business functions
• Quality of performance

Other Useful Resources

• Grade 12 – Paper 1 – Business Studies – Topics and Core Notes
• Grade 12 – Paper 2 – Business Studies – Topics and Core Notes
• Exam Practice Questions | Grade 12
• South African Business Legislation
• Annual Teaching Plans | Business Studies

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Latest Business Studies Grade 10 Past Papers, Memos, and Study Guides 2023, 2022,2021, 2020

Download Free Latest Business Studies Grade 10 Past Papers , Memos, and Study Guides (pdf). Essays Topics are also available for some subjects. Learning materials provided on this page are for all South African Provinces, such as Gauteng , Limpopo , Western Cape , Eastern Cape , Northern Cape , Kwazulu Natal , Mpumalanga , Free State , and North West Province.

There are also some Business Studies Grade 10 Free Textbooks, Study Guides, and Revision Notes available for you to download. Past Papers and Memos date from 2021, 2020, 2019,2018, to 2017.

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Business Environments- Essay writing

In Business Studies, essay writing is the most important section in assessments/examinations

It is therefore important that learners know how to structure an essay for Business Studies. 

what to always remember:

1. unlike a language essay, a Business Studies essay is factual (write only facts)

2. this means that you never include phrases like "I think, My opinion etc..."

3. Like any other essay, your essay should include an introduction, body and conclusion. 

(refer to the essay wtiting attachment and attempt answering the essay question that follows)

Discuss the components of the macro environment. Analyse the impact of this environment on businesses by including examples into your response. (40) 

Lesson Files

Essay writing guide.

Business-Essay-Layout.pdf

Lesson Questions

Business Studies Essay On Business Ventures

Current visions about your potential business venture Regina Murphy-Moore Southern New Hampshire University Operating a company is a stimulating, resourceful, and adaptable way to plan one’s opportunity and come to be an entrepreneur. Apart from making a living, it is about building a new way of life. Becoming an entrepreneur takes foresight, determination, and courage. Some of the characteristics to have when becoming an entrepreneur are: Self-confidence, believing in your business venture, focus on your strengths, being a decision maker, and being leader.

Essay Example on About Business Venture

Self-confidence You need to have incredible self-belief. If you lack that crucial element of confidence in your mental character, then going into business is not for you. Believing in yourself is what gives you the self-confidence that you need to be a good entrepreneur. Bear in mind that many successful entrepreneurs started out with nothing or very little, apart from self-esteem and confidence. Believing in your business venture Question yourself whether you openly believe in the business you are starting interested in.

If you find that you are not entirely convinced about it, you need to continue looking until you can pinpoint one that you feel you will be ready to be committed to it. TO be successful in any business venture, you will have to be attentive nearly 24 hours a day. You will have to continuously shaping it, modifying it, and designing it. Focus on your strengths People have their own strengths, as well as weaknesses. In order to be an efficient entrepreneur, you will want to identify your strengths and concentrate on them.

Proficient in: Communication

“ She followed all my directions. It was really easy to contact her and respond very fast as well. ”

You will be able to attain further achievement by outing your strives into the fields of your importance. For instance, if you have human management skills as a strength, you would need to control the know-how, and initiating complete use of it in the business. Being a decision maker When it is time to hire personnel, speak to shareholders, and request for credits, will have to adopt the responsibility of a leader. If you don’t have the skill to lead, you will not be able to be reliable staff. As the head of your company, the people you hire will look to you for support and guidance.

The ability to give the suitable encouragement and management will be the source of your merit to a great extent. Lessons learned from Jack Ma A new business owner should limit the number of business partners and always keep majority of the business. When he did a joint venture with China Telecoms, which had five board seats, and he had only ;o seats (Fanning, R. , 2009). When he tried to suggest things and would get turned down. When he selected employees he spent time telling them his vision of the company.

This makes the more invested than just being employees. Making a team that has value, innovation, and vision (Fanning, R. , 2009). Not giving up, and always having hope. When selecting a name for his company, he selected a name that meant something for him and that was easy to remember for future consumers. The three reasons why he survived where, he had no money, no technology, and no plan. However, these reasons can also be negatives. When starting a new business venture those things are very important in establishing and succeed in your business.

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Grade 10 Business Studies Final Paper 2 – QP + MEMO

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FINAL EXAMINATION: QUESTION PAPER AND MARKING GUIDELINES CAPS aligned – according to 2023/24 ATP

Grade 10 Business Studies P2 (Business Ventures + Business Roles)

SECTION A: 30 MARKS Question 1: Compulsory Multiple Choice Complete Statements Match Columns

SECTION B: 80 MARKS (Answer TWO Questions) Question 2: Business Ventures(40 marks) Question 3: Business Roles(40 marks) Question 4: Business Ventures & Roles(40 marks)

SECTION C: 40 MARKS (Answer ONE essay question) Question 5: Business Ventures (Business Plans and Forms of Ownership) Question 6: Business Operations (Relationships and Team Performance)

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Tesla Will Lay Off More Than 10% of Workers

Along with the departure of two senior executives, the cuts added to signs of turmoil at the electric car company.

By Jack Ewing

Signs of turmoil at Tesla multiplied on Monday after the electric car company told employees it would lay off more than 10 percent of the work force to cut costs and two senior executives resigned.

The job cuts, amounting to about 14,000 people, come as the company faces increasing competition and declining sales. The management changes and layoffs are a reminder of the unpredictability of Elon Musk, Tesla’s chief executive, at a critical time for the company.

Mr. Musk has not outlined a plan to reverse a decline in car sales, and he appears focused on long-shot ventures such as a self-driving taxi, rather than new models that would help Tesla compete with cars being introduced by established carmakers and new rivals from China.

“As we prepare the company for the next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity,” Mr. Musk told employees in a Monday morning email, a copy of which was reviewed by The New York Times.

“There is nothing I hate more, but it must be done,” he wrote.

Hours after that email, Drew Baglino, a senior vice president who has played a big role in the company’s rise from start-up to dominant electric car maker, said he had resigned.

“I made the difficult decision to move on from Tesla after 18 years yesterday,” Mr. Baglino said in a post on X, the social media site. Mr. Baglino is one of only three managers besides Mr. Musk listed as a top executive on the company’s website . His longevity was unusual at a company known for high management turnover.

Mr. Baglino may have been blamed for some of Tesla’s recent troubles, said Gary Black, managing partner of the Future Fund, an investment firm. “Someone has to take the fall for the sharp deceleration in deliveries growth, near record inventories, and declining margins and it wasn’t going to be Elon,” Mr. Black said on X.

Tesla also appeared to be losing an executive key to winning regulatory approval for self-driving technology. Rohan Patel, a former aide to President Barack Obama who was Tesla’s head of policy and business development, tacitly confirmed reports that he was leaving. In a post on X, Mr. Patel thanked his co-workers and Mr. Musk for “the past eight years at Tesla.”

“My plans are to be a recess monitor for my second grade daughter, practice my violin, go to a bunch of bucket list sporting events and take my very patient wife on some long intended travel,” Mr. Patel said.

Investors often welcome job cuts because they can lead to higher profits. But that was not the case Monday, with Tesla shares ending the day down more than 5 percent.

Tesla regularly culls its work force to remove employees whose performance managers consider weak, but the numbers are typically smaller. “This is something Elon and Tesla have consistently done throughout his career,” said Scott Acheychek, chief executive of REX Shares, which offers funds investors use to bet on or against Tesla’s stock. “Ten percent is pretty big,” Mr. Acheychek added.

Mr. Musk’s email to employees was earlier reported by Electrek, an online news site, and Handelsblatt, a German business newspaper.

Mr. Musk did not indicate where the cuts would be made. Many of Tesla’s workers are based at four large car factories in Fremont, Calif., Austin, Texas, and Shanghai and near Berlin. Tesla also has a factory in Buffalo that produces charging equipment and a factory near Reno, Nev., that makes batteries.

The layoffs may help the United Automobile Workers union’s efforts to organize Tesla employees in the United States. The company’s workers may be more open to the union if they believe that representation would give them greater job security. Workers at a Volkswagen factory in Tennessee will vote this week on joining the U.A.W., and Mercedes-Benz workers in Alabama will vote next month.

Mr. Musk’s many other ventures, and his penchant for making polarizing political statements, have raised questions about his focus on managing Tesla. Wall Street is increasingly concerned about the company: Tesla’s share price has lost about one-third of its value this year.

Many investors had expressed hope that Tesla would revive flagging sales by introducing a car that would sell for about $25,000 as early as next year, increasing the number of people who could afford the company’s cars and responding to competition from Chinese companies that are already selling electric cars for as little as half that price tag.

Mr. Musk cast doubt on those plans by announcing this month that Tesla would unveil a Robotaxi in August. The self-driving taxi is seen as a long shot, in part because even the most advanced systems available today sometimes make glaring mistakes. In addition, federal and state regulators will have to sign off before Tesla can put such taxis on the road.

This month, Tesla reported a decline in sales that caught investors off guard . The company said it delivered 387,000 cars worldwide in the first quarter, down 8.5 percent from the year before. It was the first time Tesla’s quarterly sales had fallen on a year over year basis since the start of the pandemic in 2020.

The company slashed prices significantly over the course of 2023 to increase demand, which has reduced the profit Tesla makes on each car. Last week, Tesla reduced the price of its most advanced driver-assistance software to $99 a month from $199. But price cuts appear to be losing their effectiveness. Tesla will announce its financial results for the first quarter on April 23.

Rivals like BYD of China, BMW of Germany, and Kia and Hyundai Motor of South Korea reported increases in electric vehicle sales for the same period, suggesting that slower overall demand for battery-powered models was not the only explanation for Tesla’s problems.

Established companies are closing the gap with Tesla on battery technology, and have been building new assembly lines to achieve the cost savings made possible by mass production. Honda plans to begin producing electric vehicles at a factory in Marysville, Ohio, next year.

Hyundai will begin producing electric cars at a new factory in Georgia in October, José Muñoz, the president and global chief operating officer of Hyundai Motor, said in an interview last month. Hyundai will also begin allowing customers to buy cars on Amazon, an answer to Tesla’s practice of selling cars online.

Mr. Muñoz said that customers had been willing to pay more for Hyundai electric cars than they would for comparable Teslas. “At the beginning, Tesla was premium,” he said. “Now we’re premium .”

Jason Karaian and Melissa Eddy contributed reporting.

Jack Ewing writes about the auto industry with an emphasis on electric vehicles. More about Jack Ewing

The World of Elon Musk

The billionaire’s portfolio includes the world’s most valuable automaker, an innovative rocket company and plenty of drama..

Tesla: Signs of turmoil at the electric car company multiplied after Tesla told employees it would lay off more than 10% of its work force . The cuts come Tesla faces increasing competition and declining sales .

SpaceX: President Biden wants companies that use American airspace for rocket launches to start paying taxes into a federal fund  that finances the work of air traffic controllers.

Business With China : Tesla and China built a symbiotic relationship that made Elon Musk ultrarich. Now, his reliance on the country may give Beijing leverage .  

The Musk Foundation: After making billions in tax-deductible donations to his charity, Musk has failed recently to donate the minimum required to justify a tax break  — and what he did give often supported his interests.

OpenAI: Musk, who helped found the A.I. start-up in 2015, has filed a lawsuit  accusing the company and its chief executive  of breaching a contract  by putting profits and commercial interests ahead of the public good.