Introductory Entrepreneurship N4 — Document
November 2019 — N4 — Introductory Entrepreneurship
N4
2019
Nated Business
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Q1— Section header —
1.1Give FOUR reasons why you think Zamo started her own business. (4\
1.2Identify THREE personal resources Zamo needs to have in order to be successful. (3\
1.3As an entrepreneur Zamo plays an important role in the economy of our country. Give THREE reasons to substantiate your answer. (3\
1.4State FOUR items that Zamo will include in the marketing p art of the business plan. (4\
1.5State at least FIVE functions involved in a business enterprise. (5\
1.6Zamo would like to include a business card as one of her promotional methods. (4\
1.7Calculate 14% of R5 200. (2\ [25]25
Q2— Section header —
2.1Zamo considers running the business as a partnership with her friend What are the reasons for forming partnership? (4\
2.2Complete the following sentences by filling in the missing word or words. Write only the word or words next to the question number (2.2.1
2.2.3\in the ANSWER BOOK.
2.2.112 months.
2.2.2shortages.
2.2.3a certain person a certain amount of money on request. (3 1\ (3\
2.3Zamo must make use of banking facilities to manage h er money in the business. Name at least FOUR d ifferent types of banking facilities. (4\
2.4Complete: Sales (1\ 4090294 Copyright reserved
2.5Name the security whereby a family member binds himself/herself in writing to pay the debt if the debtor is unable to repay the loan. (1\
2.6Name the THREE categories of goods and services that satisfy needs. (3\
Q2— Section header —
2.8Increase R265,50 by 15%. (3\
2.9List THREE fixed assets used at Bequest Brides (3\ [25]25
Q3— Section header —
3.1Shortly discuss FOUR factors Zamo should consider when choosing a supplier. (4\
3.2Zamo wants to get rid of old stock. Suggest THREE ways in which she can speed up her slow moving dresses. (3\
3.3Security measures play a very importan t role in the limitation of stock losses and safe stock piling methods. State FOUR measures Zamo will take to manage her stock effectively and minimise stock losses
3.4Zamo wants to buy lace material. She will receive 5,5% discount if she pays cash. The material costs R3 200.
3.4.1How much will the discount be?
3.4.2How much will Zamo pay for the material after the discount? (2 2\ (4\
3.5Give brief description of the following terms:
3.5.1Copyright
3.5.2Mar ket segmentation (2 3\ (6\
3.6What number must be subtracted from 8 967 to get 6 798? (2\
3.7If the price of 4 dresses is R2 400, what will 20 dresses cost? (2\ [25] 409029425
Q4— Section header —
4.1State FIVE basic management functions Zamo m ust fulfil in order to be successful in her business. (5\
4.2Explain FIVE important reasons for the effective packaging of products. (5\
4.3Name the SEVEN steps that Zamo should follow regarding the procedure of purchasing the stock. (7\
4.4Zamo is determined that the administration of her business is run correctly. List THREE administrative functions she must fulfil. (3\
4.5Zamo's net profit decreased by 10% in 2007, while her net profit for 2006 was R14 000. Calculate her net profit for 2007. (3\
4.6What is a non transferable cheque? Give details. (2\ [25]25
Q5— Section header —
5.1List any THREE promotional methods Zamo can use to communicate with her customers. (3\
5.2State FIVE characteristics Zamo has to ha ve to meet her business requirements. (5
5.3Zamo has 12 females and 12 males in her employment. What percentage of her staff is female? (2\
5.4Describe at least TWO target markets or segments that Zamo will serve. (2\
5.5Discuss THRE E advantages of the free market system. (3\
5.6Explain the importance of a business plan. (5\ 4090294 Copyright reserved
5.7Label the graph below by writing only the correct letter (A G\next to the appropriate question number (5.7.1
5.7.5\the ANSWER BOOK.
5.7.1Total cost area
5.7.2Break even point
5.7.3Fixed cost line
5.7.4Profit area
5.7.5Income line (5 1\ (5 [25] TOTAL: 10025
Topics Identified
5
Business EnvironmentsForms of OwnershipBusiness FunctionsLeadershipBusiness Plan
Mark Allocation
Total100 marks
Sections25 + 25 + 25 + 25 + 25 = 125 marks
Key Information
Websitewww.bequestholdings.co.za
Paper information
TitleDocument
SubjectIntroductory Entrepreneurship
LevelN4
Document typeQuestion paper
Year2019
MonthNovember
Pages7
Downloads9
Examination context
Decade2010s
Years ago7y
SeasonSpring (SH)
Start dayFriday
Exam periodNovember 2019
Days since exam2,538
About Introductory Entrepreneurship examination preparation
This TVET examination resource can be used as part of a structured revision programme. Past papers are most useful when learners attempt questions independently, work within a realistic time limit, and review their answers afterwards.
How to use this resource for revision
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For stronger examination practice, complete the paper without unnecessary interruptions and keep track of the questions that take the most time. Afterwards, review the memorandum and separate knowledge gaps from mistakes caused by interpretation, calculation, structure, or examination technique.
understanding question requirements
applying subject knowledge
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checking answers
identifying revision priorities
A practical revision approach
Start by completing the resource without looking at the memorandum. Review incorrect and incomplete answers afterwards and make a short revision list based on the areas that caused difficulty.
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