Other Socio-Economic Factors and Their Impact (Grade 10 NSC Matric Business Studies): Quizzes

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Other Socio-Economic Factors and Their Impact
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What is counterfeiting in a business context?

Copying products to appear genuine

How does counterfeiting harm legitimate businesses?

Customers buy fakes, causing sales to drop

What are the two main illegal activities involved in bootlegging?

Making fake goods & recording performances

What is a 'go-slow' in industrial action?

Workers perform tasks very slowly

What is a common reason employees go on strike?

To demand higher wages and better pay

What commonly causes political disturbances?

Poor service delivery in communities

What social issue does violence often stem from?

High poverty levels & economic inequality

How does violence affect business costs?

Increases trauma & counselling expenses

What is the relationship between poverty and crime?

High poverty levels increase crime rates

How does crime affect businesses in high-crime areas?

Struggles to attract customers

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