Grade 10 · CAPS

Grade 10 Business Ventures

Business Studies practice questions and a worked example

Grade 10 Business Ventures covers what it takes to research, plan and run a business — from entrepreneurial qualities and forms of ownership, through market research and SWOT analysis, to writing up a business report. Practice questions work through real scenarios: identifying research protocols, analysing a SWOT grid, and applying legal requirements to a specific venture.

Worked example

2.1 List FIVE entrepreneurial qualities.

Answer & explanation

Desire for responsibility, risk-taking, perseverance, passion, organisational skills, high level of energy, good management and leadership skills, high degree of commitment, flexibility, confidence in one's own ability to succeed. (Mark the first FIVE only.)

1. Entrepreneurs often have a strong desire for responsibility, as they take charge of their ventures and make key decisions. 2. Risk-taking is essential because entrepreneurs must be willing to take calculated risks to achieve success. 3. Perseverance is crucial as it helps entrepreneurs overcome challenges and persist through difficult times. 4. Passion drives entrepreneurs to work hard and stay motivated in their business pursuits. 5. Organisational skills allow entrepreneurs to manage resources effectively and keep their business operations running smoothly. These qualities are fundamental to entrepreneurial success and align with the first five listed in the stored answer.

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Business Ventures

Question 1 of 3

1.1.2 This form of ownership is capable of raising capital by issuing shares to the public:

AKia Motors LtdBZukie Fashion “Inc.”CInk and Shanon VideosDSpitch (Pty) Ltd

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Common mistakes

Naming a SWOT category correctly but placing the wrong fact under it, and giving a research instrument (e.g. 'survey') where the question actually asks for a research protocol/ethical guideline.