Summary
Business Studies Grade 10 summary (Consumo textbook)
- Course
- Business Studies
- Institution
- 10th Grade
Summary of 54 pages for the course Business Studies at 10th Grade (...)
[Show more]
Content preview
Business StudiesGrade 10
TERM 01-04
CONSUMO TEXTBOOK
Copyright © Skool Notas - may NOT be distributed or resold
,Dear learner, parent or teacher(s),
We would like to take this opportunity to express our sincere gratitude to you for your
continued support of our educational business. It is with great appreciation that we see how
our digital summaries, writing pieces and assignments make a difference in the academic
careers of Grade 04 to 12 learners, parents and teachers.
We believe in the value of quality content, and our team of dedicated writers is dedicated to
producing the highest quality material. We have a deep understanding of the challenges
students face in the modern educational environment, and we are here to help you excel in
your academic pursuits. Our team of experienced writers and educators work hard to ensure
that all of our materials are accurate, engaging and aligned with curriculum standards. We
pride ourselves on our competitive prices and quick turnaround times because we want to
ensure that your academic needs are fully met.
It is important to remember that the summaries and other materials you obtain from us are
for your personal use only. Reselling, copying or selling this material to others under a new
license is strictly prohibited. The summaries are intended to support you in your own
academic journey of discovery. We are aware that human error is inevitable, and we would
appreciate it if you could notify us of any errors in the document. We are committed to
correcting any errors and improving the document.
Finally, we want to make you aware of the fact that every summary kit you purchase from us
contains an invisible code that represents your order number. This code is our way of ensuring
your protection. If a summary kit unfortunately ends up on the internet, we will take legal
action to prevent it. We handle all matters with the utmost care, and we are dedicated to
helping ensure your success in your studies. We believe that your hard work and our support
will propel you to new heights. Again, thank you very much for your support. We look forward
to continuing to serve you and to help you achieve your academic goals.
Feel free to contact us for any inquiries or orders at info@skoolnotas.co.za
Do you want to excel in your school career? With kind regards,
Contact us for excellent resources for Grades 04 to 12 at
info@skoolnotas.co.za - where success is a note away! Skool Notas
,Chapter 01 : Business Environments
PUBLIC SECTOR
Public sector businesses are government owned and provide collective goods and services to
the residents.
Collective goods, such as infrastructure, include government hospitals, schools, and the police
service.
Funding for these businesses comes from taxes collected from working people and private
sector businesses.
PRIVATE SECTOR
Private sector businesses, founded by entrepreneurs, strive to satisfy customer needs and make
a profit.
Entrepreneurs must provide capital, which can come from own money or borrowed capital.
Competition in the private sector requires good quality products/services at a competitive price
for success.
The private sector includes the formal and informal sectors.
FORMAL SECTOR
The formal sector consists of businesses that follow the country's laws, pay taxes and contribute
to the GDP of South Africa.
These businesses operate from fixed premises, such as shops in shopping complexes or other
permanent facilities.
INFORMAL SECTOR
Businesses in the informal sector do not pay taxes and are not included in the GDP calculation.
Although they often do not have fixed premises, some can be operated from a fixed location.
Examples of businesses: production, hawking, and services such as hair cutting or braiding.
Although not included in GDP, the informal sector plays an important role in the South African
economy.
Entrepreneurs in the informal sector contribute indirectly to GDP by purchasing raw materials or
products from the formal sector.
There is the potential for informal businesses to grow enough to become part of the formal
sector.
People in the informal sector help alleviate poverty by earning an income and spending it in the
economy.
Copyright © Skool Notas - may NOT be distributed or resold Page 01
, Chapter 01 : Business Environments
PRIMARY SECTOR
Activities in the primary sector include the extraction or extraction of raw materials or raw
materials from the earth.
Examples of this are farming, mining, fisheries, and similar activities.
Workers in this sector often have low educational levels, because it is a labor-intensive sector that
emphasizes manual labor.
Technological development can lead to replacement of laborers and loss of jobs for those without
specific training.
SECONDARY SECTOR
In the secondary sector, raw materials from the primary sector are processed into manufactured
goods.
This sector includes manufacturing and construction activities.
Examples of businesses: car manufacturing, bottling industries, and engineering activities.
TERTIARY SECTOR
The tertiary sector focuses on the sale of goods and services.
Businesses in this sector include retail, distribution businesses, and entertainment.
QUADRIPARTITE (QUATERNARY) SECTOR
The four-part sector focuses on intellectual and knowledge-based activities.
Examples of this include scientific research, education, consulting and information
management.
LADIES SECTOR
The five-part sector is an extension of the four-part sector and focuses on high-level decision-
making in society.
These include government decisions, top management in large businesses and universities, as
well as cultural activities and the media.
Copyright © Skool Notas - may NOT be distributed or resold Page 02
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller skoolnotas. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R120,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
71184 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now