Corporate Governance:
Explain the term corporate governance. (2)
Explain how the following principles of good corporate governance could
be used to ensure that
Woolworths is acting ethically: (9)
Transparency:
Independence:
Fairness:
Answer the following questions about the duties of the Woolworths company directors.
(a) List three possible duties/responsibilities of the Woolworths company directors: (3)
(b) Should the directors of Woolworths not fulfil their duties/responsibilities, what negative consequences
could this have for the company?
(4)
(c) Suggest strategies that could be used by Woolworths to ensure that the directors of the company
fulfil their duties/responsibilities. (4)
Which index identifies businesses listed on the JSE that focus on good corporate governance
principles? (2)
Complete the flow diagram below with reference to corporate social responsibility (CSR).
(a) Identify FOUR of Woolworths's stakeholders. (4)
(b) Identify a demand that each of these stakeholders could make on Woolworths. (4)
(c) What could Woolworths expect to gain from meeting the demands of these stakeholders? (3)
Woolworths will face a number of different challenges while implementing its CSR strategy.
Assist Woolworths by answering the questions below:
(a) Discuss TWO challenges that Woolworths could face while implementing its CSR strategy. (4)
What is the significance of the King Reports in the South African economy? (4)
Pick n Pay has published the following statement on their website:
"Our sustainability strategy is linked completely to our business strategy."
Refer to the statement above and assess how Pick n Pay could make use of the Triple Bottom Line
approach to ensure sustainability. (9)
Discuss the purpose of the FTSE/JSE Responsible Investment Index. (3)
Define the term sustainability as mentioned in the case study above. (2)
List FOUR principles of good corporate governance that Shoprite Holdings would need to consider
as part of their sustainability strategy. (4)
Name THREE elements of the Triple Bottom Line/Integrated reporting that should form part of
Shoprite Holdings' sustainability strategy. (3)
,Discuss the demands that each of the stakeholders listed below would place on Shoprite Holdings.
Suggest how Shoprite Holdings could deliver on these demands.
Suppliers: (4)
Employees: (4)
Customers: (4)
Develop possible criteria that Shoprite Holdings could use to measure the success of their
sustainability strategy. (3)
State two responsibilities the directors of Edgars will have to ensure that Edcon achieves the Group
Vision. (2)
Discuss how Edgars could make use of the triple bottom line as a strategy to achieve the
Group Vision of Edcon (9)
Give two examples of how Edgars could maintain the Group Values. (4)
What are the THREE elements of sustainable business reporting? (3)
Woolworths:
We're passionate about our country and believe in helping previously disadvantaged communities build
economically sustainable livelihoods for themselves. We donate surplus clothing from our stores, as well
as customers' pre-loved clothing to charities and social entrepreneurs via the Clothing Bank.
What does Woolworths gain from investing in the corporate social responsibility projects mentioned in the
extract above? (6)
Name TWO internal stakeholders of a clothing retailer and explain why they would have an interest in
supporting a clothing retailer that operates sustainably. (6)
State the purpose of a Code of Ethics. (2)
Entrepreneurship:
Define the term entrepreneurship. (2)
Name THREE entrepreneurial characteristics JET would want to
drive as part of their entrepreneurship value. (3)
Explain how JET could use the various entrepreneurial qualities as
part of their decision-making process. (6)
Identify THREE entrepreneurial characteristics a person would need
to start their own business in the fashion industry. (3)
Problem- Solving:
List THREE creative problem-solving tools that Woolworths could use to assist them in solving the
challenge of implementing CSR. (3)
Explain how Woolworths could use ONE of the tools identified above to address a possible challenge. (4)
, Describe a decision tree as a creative problem-solving
technique. (2)
Use a decision tree to assist a retailer in deciding if they
should open a shop in a new shopping
centre. (4)
Labour Relations:
To ensure that new Game concept stores remain ethical, the business will need to pay special
attention to the Consumer Protection Act 68 of 2008 (CPA).
Discuss areas of the Consumer Protection Act 68 of 2008 (CPA) that could influence the operations of
Game concept stores. (6)
For each of the Acts below, discuss the purpose and the implications (positive or negative) of the legislation
on the employer or employee.
Skills Development Act 97 of 1998 (SDA):
Purpose: (2)
Implications (positive or negative) of the Skills Development Act 97 of 1998 (SDA) on the employer or
employee: (4)
Labour Relations Act 66 of 1995 (LRA):
Purpose: (2)
Implications (positive or negative) of the Labour Relations Act 66 of 1995 (LRA) on the employer or
employee: (4)
Basic Conditions of Employment Act 75 of 1997 (BCEA):
Purpose: (2)
Implications (positive or negative) of the Basic Conditions of Employment Act 75 of 1997 (BCEA) on the
employer or employee: (4)
H&M is committed to legal employment practices. Discuss any TWO reasons that would be
substantively fair for dismissing an employee. (10)
Explain each of the following activities that could occur during an industrial action at H&M.
Protected strike: (2)
Lock-out: (2)
Picketing: (2)
Sympathy strike: (2)
This action takes place when employees still work, but they decrease their rate of productivity to below
expectations. (Name this type of action) (1)
Explain the term corporate governance. (2)
Explain how the following principles of good corporate governance could
be used to ensure that
Woolworths is acting ethically: (9)
Transparency:
Independence:
Fairness:
Answer the following questions about the duties of the Woolworths company directors.
(a) List three possible duties/responsibilities of the Woolworths company directors: (3)
(b) Should the directors of Woolworths not fulfil their duties/responsibilities, what negative consequences
could this have for the company?
(4)
(c) Suggest strategies that could be used by Woolworths to ensure that the directors of the company
fulfil their duties/responsibilities. (4)
Which index identifies businesses listed on the JSE that focus on good corporate governance
principles? (2)
Complete the flow diagram below with reference to corporate social responsibility (CSR).
(a) Identify FOUR of Woolworths's stakeholders. (4)
(b) Identify a demand that each of these stakeholders could make on Woolworths. (4)
(c) What could Woolworths expect to gain from meeting the demands of these stakeholders? (3)
Woolworths will face a number of different challenges while implementing its CSR strategy.
Assist Woolworths by answering the questions below:
(a) Discuss TWO challenges that Woolworths could face while implementing its CSR strategy. (4)
What is the significance of the King Reports in the South African economy? (4)
Pick n Pay has published the following statement on their website:
"Our sustainability strategy is linked completely to our business strategy."
Refer to the statement above and assess how Pick n Pay could make use of the Triple Bottom Line
approach to ensure sustainability. (9)
Discuss the purpose of the FTSE/JSE Responsible Investment Index. (3)
Define the term sustainability as mentioned in the case study above. (2)
List FOUR principles of good corporate governance that Shoprite Holdings would need to consider
as part of their sustainability strategy. (4)
Name THREE elements of the Triple Bottom Line/Integrated reporting that should form part of
Shoprite Holdings' sustainability strategy. (3)
,Discuss the demands that each of the stakeholders listed below would place on Shoprite Holdings.
Suggest how Shoprite Holdings could deliver on these demands.
Suppliers: (4)
Employees: (4)
Customers: (4)
Develop possible criteria that Shoprite Holdings could use to measure the success of their
sustainability strategy. (3)
State two responsibilities the directors of Edgars will have to ensure that Edcon achieves the Group
Vision. (2)
Discuss how Edgars could make use of the triple bottom line as a strategy to achieve the
Group Vision of Edcon (9)
Give two examples of how Edgars could maintain the Group Values. (4)
What are the THREE elements of sustainable business reporting? (3)
Woolworths:
We're passionate about our country and believe in helping previously disadvantaged communities build
economically sustainable livelihoods for themselves. We donate surplus clothing from our stores, as well
as customers' pre-loved clothing to charities and social entrepreneurs via the Clothing Bank.
What does Woolworths gain from investing in the corporate social responsibility projects mentioned in the
extract above? (6)
Name TWO internal stakeholders of a clothing retailer and explain why they would have an interest in
supporting a clothing retailer that operates sustainably. (6)
State the purpose of a Code of Ethics. (2)
Entrepreneurship:
Define the term entrepreneurship. (2)
Name THREE entrepreneurial characteristics JET would want to
drive as part of their entrepreneurship value. (3)
Explain how JET could use the various entrepreneurial qualities as
part of their decision-making process. (6)
Identify THREE entrepreneurial characteristics a person would need
to start their own business in the fashion industry. (3)
Problem- Solving:
List THREE creative problem-solving tools that Woolworths could use to assist them in solving the
challenge of implementing CSR. (3)
Explain how Woolworths could use ONE of the tools identified above to address a possible challenge. (4)
, Describe a decision tree as a creative problem-solving
technique. (2)
Use a decision tree to assist a retailer in deciding if they
should open a shop in a new shopping
centre. (4)
Labour Relations:
To ensure that new Game concept stores remain ethical, the business will need to pay special
attention to the Consumer Protection Act 68 of 2008 (CPA).
Discuss areas of the Consumer Protection Act 68 of 2008 (CPA) that could influence the operations of
Game concept stores. (6)
For each of the Acts below, discuss the purpose and the implications (positive or negative) of the legislation
on the employer or employee.
Skills Development Act 97 of 1998 (SDA):
Purpose: (2)
Implications (positive or negative) of the Skills Development Act 97 of 1998 (SDA) on the employer or
employee: (4)
Labour Relations Act 66 of 1995 (LRA):
Purpose: (2)
Implications (positive or negative) of the Labour Relations Act 66 of 1995 (LRA) on the employer or
employee: (4)
Basic Conditions of Employment Act 75 of 1997 (BCEA):
Purpose: (2)
Implications (positive or negative) of the Basic Conditions of Employment Act 75 of 1997 (BCEA) on the
employer or employee: (4)
H&M is committed to legal employment practices. Discuss any TWO reasons that would be
substantively fair for dismissing an employee. (10)
Explain each of the following activities that could occur during an industrial action at H&M.
Protected strike: (2)
Lock-out: (2)
Picketing: (2)
Sympathy strike: (2)
This action takes place when employees still work, but they decrease their rate of productivity to below
expectations. (Name this type of action) (1)
