Question 1 (Marks: 10) State whether the following statements are true or false. If the statement is false, provide a corrected statement. If the statement is correct, provide an example to illustrate the statement.

Q.1.1 A joint venture is when two or more organisations combine their resources and expertise or skills to create a competitive advantage in a specific industry.

Q.1.2 Mergers happen when organizations form partnerships based on commercial collaborations.

Q.1.3 Organisations that are profit focused and ignore CSR and CSI initiatives are viewed as exploitative by their employees, local communities and environmental activities.

Q.1.4 Accommodating approach to CSR are organisations that follow this approach believe in social responsibility but more so in making a profit.

Q.1.5 Private organisations are a type of for-profit business that are owned by private individuals rather than by government.

Question 2 (Marks: 30)

Q.2.1 Provide the concept name for the following descriptions.

Q.2.1.1 Taking on the risk of creating and growing new businesses with the intention of realising a return.

Q.2.1.2 The most simple and easiest business format available to aspiring entrepreneurs as it is easy to establish.

Q.2.1.3 This form of ownership is mostly found in local communities, and allows members to benefit from economic, cultural and social aspects of the community.

Q.2.1.4 This concept relates to adherence to accepted customs, beliefs and practices that determine accepted behaviour, morality and the desired characteristics of the individual in African society.

Q.2.1.5 This concept refers to a traditional social structure of handling and resolving any debate or conflict that may arise within a group.

Q.2.2 Using your own words, explain the need for businesses in society.

Q.2.3 Describe what "risk analysis" entails.

Q.2.4 With the use of an original example, discuss what the control function of management is.

Q.2.5 Why is the reputation of a business important?

Question 3 (Marks: 35

Q.3.1 Marie has been promoted to middle management. Outline how her activities and accountability has changed as she climbed the hierarchy from lower management to middle management.

Q.3.2 a. Distinguish between operational goals and tactical goals.

Q.3.2 b. Which goals are Marie most involved in since she became part of middle management?

* Differentiation between operational and tactical goals. 6 marks

* Identifying the type of goal Marie is involved in. 2 marks

Q.3.3 Contrast line authority with staff authority and provide examples to support your answer.

* Contrast between line and staff authority. 6 marks

* Relevant examples are provided. 6 marks

Q.3.4 Leaders require a variety of skills. Which leadership skill Marie may be lacking.

* Provide reasons for your answer. Identified skill Marie is lacking. 2 marks

* Description of the relevant skill. (2 marks)

* Relevant example provided. (2 marks)

Q.3.5 Leadership and management are not the same. Would you say that Marie is a good leader or a good manager? Justify your answer.

* Differentiation between a good leader and a good manager. 4 marks

* Identify if Marie is a good leader or a good manager. 1 mark

* Justantiation for the answer provided. 2 marks

Question 4 (Marks: 30)

Q.4.1 Draw a diagram/ figure/ image illustrating a functional type of departmentalisation within an organisation.

* Correct positioning of top level manager 1 marks

* Correct naming and positioning of middle - level managers 5 mark

* Correct linking managers indicating the relationships between managers. 2 marks

* Overall visual presentation of diagram 1 mark

Q.4.2 Complete the table below based on the difference between a sole proprietor and a closed corporation.

	Sole Proprietor	Closed Corporation
Legal Personality
Degree of Control
Capital
Legal Requirements
Continuity

Q.4.3 Characteristics of the control process.

* Discussion of characteristics.

* Relevant examples are provided.

Question 5 (Marks: 15)

Different Leadership theories are appropriate for different working environments and situation. an essay discussing the charismatic leadership style. Instructions:

Provide a brief introduction to your essay.

Discuss what a charismatic leadership style entails.

Provide examples to support your discussion.

Provide a brief conclusion to your essay.

Use the rubric as a guideline.

Criteria	Points to consider	Marks
Content provided	Main Points are covered Facts are clearly presented Student demonstrates understanding	10
Organisation of Content	Introduction Body Conclusion	2
Examples Relevant to the topic	Student made use of examples as part of the discussion of the topic which showcases students understanding of the Theory.	3