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OTE2601 Assignments 2023 correct

The tutorial letter OTE2601/101/0/2023 provides essential information for students enrolled in the Orientation to Teaching Economic and Management Sciences module. It outlines the module's purpose, specific outcomes, assessment criteria, and resources available, including contact details for the lecturer and administrative support. Students are encouraged to actively engage with the provided materials and utilize the myUnisa platform for communication and assignment submission.

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0% found this document useful (0 votes)
59 views

OTE2601 Assignments 2023 correct

The tutorial letter OTE2601/101/0/2023 provides essential information for students enrolled in the Orientation to Teaching Economic and Management Sciences module. It outlines the module's purpose, specific outcomes, assessment criteria, and resources available, including contact details for the lecturer and administrative support. Students are encouraged to actively engage with the provided materials and utilize the myUnisa platform for communication and assignment submission.

Uploaded by

Sibongile Ruth
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 26

OTE2601/101/0/2023

Tutorial Letter 101/0/2023

Orientation to teaching Economic and


Management Sciences

OTE2601

Year modules

Department Curriculum and Instructional


Studies
This tutorial letter contains important information about OTE2601

BARCODE

1
CONTENTS
Page

1. INTRODUCTION AND WELCOME....................................................................................... 4


1.1 Welcome .............................................................................................................................. 4
1.2 The importance of this tutorial letter ................................................................................. 4
2 PURPOSE OF AND OUTCOMES FOR THE MODULE ........................................................ 4
2.1 Purpose................................................................................................................................ 4
2.2 Specific outcomes............................................................................................................... 4
2.3 Assessment criteria ............................................................................................................ 5
3 LECTURER AND CONTACT DETAILS................................................................................ 5
3.1 Lecturer................................................................................................................................ 5
3.2 DEPARTMENT OF CURRICULUM AND INSTRUCTIONAL STUDIES ................................ 6
3.3 Administrative department ................................................................................................. 6
4 RESOURCES ....................................................................................................................... 6
4.1 Study guide and follow-up tutorial letter ........................................................................... 6
4.2 PRESCRIBED BOOKS AND OFFICIAL DOCUMENTS ....................................................... 7
4.3 myUnisa resources ............................................................................................................. 7
4.4 Free computer and internet access ................................................................................... 7
4.5 Student query process........................................................................................................ 8
4.6 myUnisa tools...................................................................................................................... 8
5 STUDENT SUPPORT SERVICES ........................................................................................ 9
6 STUDY PLAN ......................................................................................................................10
6.1 First-Year Experience Programme @ Unisa .....................................................................11
7 ASSESSMENT.....................................................................................................................12
7.1 Assessment of assignments .............................................................................................12
7.2 Instructions for submitting assignments .........................................................................12
7.3 Due dates ............................................................................................................................15
7.4 Plagiarism ...........................................................................................................................15
7.5 The role of assignments ....................................................................................................15
7.6 General remark regarding assignments ...........................................................................16
7.7 Feedback on assignments.................................................................................................16
7.8 Examination........................................................................................................................16
7.9 Examination period ............................................................................................................17
7.10 How the examination system works ................................................................................17

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OTE2601/101/0/2023

7.11 Passing the module............................................................................................................17


7.12 Examination admission .....................................................................................................17
7.13 Examination admission and the format of the examination paper .................................24
7.14 Examination paper .............................................................................................................24
7.15 Previous examination papers............................................................................................24
8 FREQUENTLY ASKED QUESTIONS..................................................................................24
9. ACADEMIC DISHONESTY ..................................................................................................24
9.1 Plagiarism ...........................................................................................................................24
9.2 Cheating..............................................................................................................................24
9.3 More information about plagiarism can be downloaded on the link below....................24
10. STUDENT WITH DISABILITY..............................................................................................24
10. CONCLUSION .....................................................................................................................24
11. ADDENDUM ........................................................................................................................24

3
1. INTRODUCTION AND WELCOME

1.1 Welcome

Dear Student

We welcome you to the module, Orientation to teaching Economic and Management


Sciences, which forms part of the Bed degree. We hope that you will find this module
interesting, constructive and useful. Accept the standards laid down as a stimulating
challenge and avoid a negative approach to your studies. Use the opportunity to develop
your knowledge and insight, and not just to pass the examination.

Although we are separated by distance, this does not mean that your lecturers regard
each of you merely as a computerised number. On the contrary, to us you are a learner
with ideals, dreams and expectations. We understand your problems as a part-time
student with other urgent and equally important obligations. Therefore, we want to assist
you academically, encourage you personally and help you to deal with any study
challenges you might have. Your progress is of the utmost importance to us and,
therefore, we expect you to start working through your study material early in the year.

1.2 The importance of this tutorial letter

This tutorial letter (Tutorial Letter 101) contains important information about the scheme
of work, resources and assignments for this module. The assignment assessment
standards, instructions for completing and submitting assignments, the prescribed study
material and all other resources form part of this tutorial letter. We have also included
certain general and administrative information about this module. Read this tutorial letter
carefully and keep it at hand when working through the study material, doing the
assignments, preparing for the examination and addressing questions to your lecturers.

Please read Tutorial Letter 301 in combination with this tutorial letter since it contains
valuable information and guidelines for studying at the College of Education.

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OTE2601/101/0/2023

Please read all the tutorial letters you receive during the course of the year immediately
and carefully, since they always contain important and, sometimes, urgent information.

1.2.1 Tutorial matter


Tutorial matter will be sent by courier after registration.

1.2.2 myUnisa
If you have access to a computer that is linked to the internet, you can quickly access
resources and information at the University. The myUnisa learning management system
is Unisa’s online campus that will help you communicate with your lecturers, fellow
students and the administrative departments of UNISA – all through the computer and the
internet. It is, therefore, of utmost importance that you obtain access to the internet and
consult myUnisa on a regular basis. Please note that, once you are registered on
myUnisa, you will be able to submit your assignments through myUnisa (online), have
access to library resources, be able to download your study material to keep record of the
assignments you have submitted, and have access to your marks, previous examination
papers and examination dates.

PLEASE NOTE: Various discussions will be taking place on myUnisa during the year. We
expect you to participate in these discussions at least once per month. Students usually
enjoy the discussions, as it is an exciting way of sharing concerns, success stories and
challenges with regard to economics and entrepreneurship.

To go to the myUnisa website, start at the main UNISA website (http://unisa.ac.za) and
then click on the “Login to myUnisa” link on the right-hand side of the screen. This should
take you to the myUnisa website. You can also go there directly by typing in
http://my.unisa.ac.za

Please consult the Study @ Unisa brochure for information on myUnisa, which is included
in your study material.

5
2 PURPOSE OF AND OUTCOMES FOR THE MODULE

2.1 Purpose

The purpose for this module, Orientation to teaching Economic and Management
Sciences is to:
• Equip students with a basic study into the teaching of Economics and
Management Sciences (EMS) as a school subject from Grade 7.
• Enlarge teacher’s capacity, and ability to think critically and holistically regarding
the educational and economical context.
• Teach you how to link EMS to real-life situations.
• Help you gain a better understanding of how learners learn about economics and
entrepreneurship.
• Equip you to apply the Curriculum and Assessment Policy Statement (CAPS) in
the Economics and Management Sciences area.
• Provide a broad overview of the field of EMS from a pedagogical context
knowledge perspective.
• Help you to understand how to teach EMS within the CAPS framework.
Introduce you to some fresh and exciting principles to use in your current teaching
practice.

2.2 Specific outcomes

On completion of this module, the student should be able to:


• Impart knowledge of the South African economy and the role of the individual in
the economy to learners.
• Prepare learners for the economic world.
• Demonstrate specific knowledge and skills in the field of financial accounting

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OTE2601/101/0/2023

2.3 Assessment criteria

The assessment criteria for Orientation to teaching EMS (OTE2601) are as follows:

• Observing socio-cultural factors that may influence the teaching of EMS in the
respective school contexts
• Interpret knowledge as contested
• Illustrate the ability to evaluate types of knowledge and explanations in the area
of study
• Preparing learners for the world of work
• Communicate ideas and opinions in professional and occupational discourse
• Collect and process the financial accounting data of an entity
• Provide learners with knowledge, competence and skills
• Take decisions and act ethically and professionally
• Assessing learners’ work, using a variety of assessment methods and rubrics

3 LECTURER AND CONTACT DETAILS

3.1 Lecturer

You are most welcome to contact your lecturer when you encounter any problems with
your studies or assignments. You may write, phone or pay your lecturer a pre-arranged
visit when you plan to visit your lecturer.
The lecturer responsible for this module is:

Prof MW Lumadi
Muckleneuk Campus
Department of Curriculum and Instructional Studies
PO Box 392
Unisa
Pretoria
0003

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OTE2601/101/0/2023
Use the address provided above if you want to write the lecturer a letter. Take note that
letters to the lecturer, may not be enclosed with your assignments.
The contact details of the lecturer are as follows:
Prof MW Lumadi
Tel.: 0124294033 (between 07:45 and 16:00 only) (Monday-Friday, NOT on
public holidays or weekends)
E-mail: [email protected]

3.2 DEPARTMENT OF CURRICULUM AND INSTRUCTIONAL STUDIES

The telephone number of the departmental secretary is 012 429 4033/6861.


Department of Curriculum and Instructional Studies
UNISA
Pretoria
0003

3.3 Administrative department

You should direct telephonic inquiries about administrative matters to the relevant
department. Please refer to the brochure, Study @ Unisa, which you have received with
your study material. This brochure contains information on how to contact the University
(e.g. to whom you can write for different queries, important telephone and fax numbers,
addresses and details of the times certain facilities are available).

Always have your student number at hand when contacting the University.

4 RESOURCES
4.1 Study guide and follow-up tutorial letter

The Despatch Department should provide you with the following study material for this
module:
• Study guide: Orientation to teaching EMS
• Tutorial Letter 101/2023 (in which you will find the assignments you are required
to do)

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OTE2601/101/0/2023

• Tutorial Letter 301/2023 (read Tutorial Letters 101 and 301 first – they contain
important information
You will receive a number of tutorial letters during the semester. Feedback on the
assignments will be given in these follow-up tutorial letters. Please remember that a
tutorial letter is our way of communicating with you about teaching, learning and
assessment. You, therefore, have to study them carefully.

Remember that you can view the study guides and tutorial letters for the modules for
which you are registered on the University’s online campus, myUnisa, at
http://my.unisa.ac.za

4.2 PRESCRIBED BOOKS AND OFFICIAL DOCUMENTS

There is no prescribed textbook for OTE2601. This means that you do not have to buy
any additional books for this module. You need to use your study guide, the tutorial
letters and any other relevant material.

4.3 myUnisa resources

Go to the myUnisa site for this module and look under “Resources”.

4.4 Free computer and internet access

UNISA has entered into partnerships with establishments (referred to as Telecentres) in


various locations across South Africa to enable you (as a UNISA student) free access to
computers and the Internet. This access enables you to conduct the following academic
related activities: registration; online submission of assignments; engaging in e-tutoring
activities and signature courses; etc. Please note that any other activity outside of these
are for your own costing e.g. printing, photocopying, etc. For more information on the
Telecentre nearest to you, please visit www.unisa.ac.za/telecentres

10
4.5 Student query process

Step 1:
Contact (by e-mail or phone) the lecturer.
Prof MW Lumadi
Tel.: 0124294033 (between 07:45 and 16:00 only)
E-mail: [email protected]

Step 2:
If there is no response from the lecturer within 48 hours, call/forward query with a trail of
previous e-mails to the Chair of the Department’s office (Secretary: Tel No: 012 429 4033
or 012 429 6861)

Step 3:
If there is no response from the CoD’s office within 48 hours, call/forward query with a trail
of previous e-mails to Director at School of Teacher Education (Secretary: Ms H Pheto, Tel
No: 012 429 6879, e-mail: [email protected])

Step 4:
If there is no response from the Director of the School within 48 hours, call/forward query
with a trail of e-mails to College of Teaching and Learning’s office (Secretary: Ms M
Ngobeni, Tel No: 012 429 4274).

You are advised to always start on STEP 1 when raising queries and not jump straight to
Step 4.

4.6 myUnisa tools

It is very important that you log in to myUnisa regularly. We recommend that you log in at
least once a week to do the following:
• Check for new announcements. You can also set your myLife email account so that
you receive the announcement emails on your cell phone.

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OTE2601/101/0/2023

• Do the Discussion Forum activities. When you do the activities for each learning
unit, we want you to share your answers with the other students in your group. You
can read the instructions and even prepare your answers offline, but you will need
to go online to post your messages. We have also provided a Social Cafe where you
can socialise with the other students in the module.
• Do other online activities. For some of the learning unit activities you might need to
post something on the Blog tool, take a quiz or complete a survey under the Self-
Assessment tool. Do not skip these activities because they will help you complete
the assignments and the activities for the module.
• One of the main tools that we use is the Lessons tool. The content of and
assessments for your module will be provided in this tool. At times, you will be
directed to join discussions with fellow students and complete activities and
assessments before you can continue with the module.

We hope that by giving you extra ways to study the material and practice all of the activities,
you will succeed in the blended module. To get the most out of the blended module you
MUST go online regularly to complete the activities and assignments on time.

5 STUDENT SUPPORT SERVICES

Consult the publication, Study @ Unisa, which you have received with your study material
for information on the various student support systems and services available at UNISA
(e.g. student counselling or any issue related to student support).

5.1 Contact with fellow students and the establishment of study groups
5.1.1 Study groups
It is advisable to have contact with your fellow students. One way of doing this is to form
study groups. The addresses of students in your area, may be obtained from the following
department:

12
Directorate: Student Administration and Registration
PO Box 392
Unisa
Pretoria
0003

5.1.2 Students who are repeating this module

If you are repeating this module, contact the lecturer early in the semester so that he can
arrange additional support for you.

6 STUDY PLAN

The brochure, Study @ Unisa, contains valuable information on where to begin with your
studies. I suggest that you write down the closing dates for all the assignments you have
to submit this year and compile a study schedule for each module according to the due
dates. You can use the following as a guideline for planning your studies for OTE2601.

Period Activity

January Familiarise yourself with the study material by scanning


through the study guide.

Introduce yourself to your lecturer and your fellow


students on the discussion forum on myUnisa.

February Remember to take part in the discussion forum on


myUnisa at least once a month.

March Start working on Assignment 01. The purpose of this


assignment is to take you systematically through the study
guide. Read the study guide – do not just look for the
answers to the questions!

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OTE2601/101/0/2023

April Remember to take part in the discussion forum on


myUnisa at least once a month.

April Do and submit Assignment 01 on or before 13 May 2023

May Prepare for assignment 02.

June Seek clarity where there is a need

July Do and submit Assignment 02 on or before 15 July 2023.

August We suggest that you contact your fellow students via


myUnisa.

September Prepare for examinations

October/November Write examinations

6.1 First-Year Experience Programme @ Unisa

For many students, the transition from school education to tertiary education is beset with
anxiety. This is also true for first-time students to Unisa. Unisa is a dedicated open
distance and e-learning institution. Unlike face-to-face/contact institutions, Unisa is
somewhat different. It is a mega university and all our programmes are offered through a
blended learning mode or fully online learning mode. It is for this reason that we thought it
necessary to offer first-time students additional/extended support so that you can
seamlessly navigate the Unisa teaching and learning journey with little difficulty and few
barriers. In this regard we offer a specialised student support programme to students
entering Unisa for the first time. We refer to this programme as Unisa’s First-Year
Experience (FYE) Programme. The FYE is designed to provide you with prompt and
helpful information about services that the institution offers and how you can access
information. The following FYE programmes are currently offered:

• FYE website: All the guides and resources you need to navigate through your
first year at Unisa can be accessed using the following link:
www.unisa.ac.za/FYE

• FYE e-mails: You will receive regular e-mails to help you stay focused and motivate
FYE broadcasts: You will receive e-mails with links to broadcasts on various topics
related to your first-year studies (e.g. videos on how to submit assignments
online).

• FYE mailbox: For assistance with queries related to your first year of study, send an
e-mail to [email protected]

13
7 ASSESSMENT

See the brochure, Study @ Unisa, which you have received with your study material for
general information and requirements as far as assignments and the examination are
concerned.

7.1 Assessment of assignments

Please note:
Although you may work together when preparing for assignments, you must write and
submit your own individual assignment. In other words, you must submit your own ideas
in your own words, sometimes interspersed with relevant short quotations that are
properly referenced. It is unacceptable to submit identical assignments on the basis that
you have worked together. This is copying (a form of plagiarism) and none of these
assignments will be marked. Furthermore, you may be penalised or subjected to
disciplinary proceedings by the University.

7.2 Instructions for submitting assignments

ALL assignments must be submitted electronically via myUnisa and posted hardcopies
will be rejected. Remember to allocate exactly the same number to an assignment as
the one provided in Tutorial Letters 101, 102 and so forth. For example, even if
Assignment 02 is the first assignment that you submit for the year, you must still number
it 02 and not 01.
Please consult the brochure, Study @ Unisa, which you have received with your study
package for detailed information on assignments.

To submit an assignment via myUnisa, do the following:


• Go to myUnisa.
• Log in with your student number and password.
• Select the module.
• Click on “Assignments” in the left-hand menu.

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OTE2601/101/0/2023

• Click on the assignment number you want to submit.


• Follow the instructions on the screen.

7.3 Due dates

The closing dates for submitting assignments and their unique numbers are as follows:

Assignment 01: 15 MAY 2023


Unique number:

Assignment 02: 17 July 2023


Unique number:

You should be able to complete these assignments by consulting your study guide and
any other relevant sources.

7.4 Plagiarism

It is unethical (and unacceptable) to hand in assignments that are not your own work.
When the University becomes aware of such malpractices, it will take stern measures
against the student concerned. Although you may work together when preparing
assignments, each of you must write and submit your own individual assignment.

7.5 The role of assignments

Assignments are regarded as part of the learning material for this module. As you do
the assignments, study the reading texts, consult other resources, discuss the work with
fellow students or tutors or do research, you are actively engaged in learning. Looking
at the assessment criteria given for each assignment will help you understand more
clearly what is required of you.

15
7.6 General remark regarding assignments

When you make enquiries about an assignment, you must provide the course code
(OTE2601L) and the number of the assignment.

You will also find the above information on myUnisa.

7.7 Feedback on assignments

Markers will comment constructively on your written assignments. However, feedback


on compulsory assignments will be sent in a follow-up tutorial letter to all students
registered for this module and not only to those students who have submitted the
assignments. Such follow-up tutorial letters will be numbered 201, 202, and so forth.

As soon as you have received the feedback, please check it against your answers. The
assignments and the feedback on these assignments constitute an important part of your
learning and should help you to be prepared for the next assignment and the
examination.

7.8 Examination

Please study the brochure, Study @ Unisa, for general examination guidelines and
examination preparation guidelines. It will take you quite a while to complete your
assignments. Therefore, you should start with them in good time. The main part of the
examination paper is based on your study guide. You will undoubtedly benefit from
spending a considerable amount of time on your assignments.

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OTE2601/101/0/2023

7.9 Examination period

You are reminded that this is a year module. This means that, you will write the
examination in October/November 2023 and the supplementary examination in
May/June 2023.
During the semester, the Examination Section will provide you with information on the
examination in general, such as examination dates and times. There will be no venue-
based examination, instead it will be online.

7.10 How the examination system works

See the brochure, Study @ Unisa, which you have received with your study material for
general information and requirements as far as the examination is concerned.

7.11 Passing the module

Please note the following: You have to obtain a subminimum of 40% in the examination
to pass the module. If you obtain less than 40%, you will fail – irrespective of your
semester mark. For example, if you have 100% for your semester mark, but obtain 37%
in the examination, your final mark will be 37%. Should you obtain 40% or more in the
examination, the semester mark will count 20% towards your final mark, and the
examination 80%. In order to pass the module, you must obtain 50%, and to get a
distinction, you must achieve 75% or more.

7.12 Examination admission

You will be assessed on Assignments 01 and 02, which will contribute 20% towards your
final mark, while the examination will contribute 80% towards your final mark. In order to
qualify for the examination, you must submit Assignments 01 and 02 for which a mark
will be awarded.

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OTE2601/101/0/2023

7.13 Examination admission and the format of the examination paper

In order to prepare for the examination, you should submit all the assignments. You will be
admitted to the examination by submitting and passing Assignments 01 and 02.

7.14 Examination paper

The duration of the examination paper is three hours and the paper will count 100 marks. The
paper contributes 80% towards your final mark. The final results are, therefore, weighted in
favour of the examination, which is critical to your success in this module. Your examination
results and semester mark will be combined.

To prepare for the examination, you will have to study the study guide and the assignments.
No examination guidelines will be sent to students.

7.15 Previous examination papers

Please note: This is a new module, which does not have previous examination papers. We
advise you, however, not to focus on the assignments only, because the content of the
examination papers will change from year to year. You should accept that examination
questions might not be similar to the questions asked in the activities in your study guide.

8 FREQUENTLY ASKED QUESTIONS

The brochure, Study @ Unisa, contains an A-Z guide of the most relevant information.

Questions relating to requests for additional time to complete an assignment


Answer: It is not possible to give more than one week’s extension. If you are compelled by
necessity to hand in one of the essay-type assignments late, you have to ask permission to
do so before the due date.

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OTE2601/101/0/2023
9. ACADEMIC DISHONESTY

9.1 Plagiarism

Plagiarism is the act of taking the words, ideas and thoughts of others and presenting them as
your own. It is a form of theft which involves several dishonest academic activities, such as the
following:

• Cutting and pasting from any source without acknowledging the source.
• Not including or using incorrect references.
• Paraphrasing without acknowledging the original source of the information.

9.2 Cheating

Cheating includes, but is not limited to, the following:

• Completing assessments on behalf of another student, copying from another student


during an assessment or allowing a student to copy from you.
• Using social media (eg WhatsApp, Telegram) or other platforms to disseminate
assessment information.
Submitting corrupt or irrelevant files.
• Buying completed answers from “tutors” or internet sites (contract cheating).

9.3 More information about plagiarism can be downloaded on the link below
https://www.unisa.ac.za/sites/myunisa/default/Study-@-Unisa/Student-values-and-rules

10. STUDENT WITH DISABILITY

The Advocacy and Resource Centre for Student with Disability ARCSWiD) provides an
opportunity for staff to interact with new and returning students with disabilities.

• If you are a student with a disability and would like additional support or need additional
time for assessments, you are invited to contact Dr S Meeran on [email protected]
so that you can be assisted.

Questions relating to a lack of internet access


Answer: You can access the internet at all Unisa regional offices.

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OTE2601/101/0/2023

10. CONCLUSION

Please feel free to contact your lecturer if you encounter any problems or even if you just want
to talk about the work.

We hope that you will enjoy this module and wish you success with your studies.

Regards,
Prof MW Lumadi

11. ADDENDUM

ASSIGNMENTS

Assignment 1: 15 May 2023


Unique number:

QUESTION 1

Teachers often asked why they must teach entrepreneurship to all learners if South Africa
does not need all learners to be an entrepreneur.
Why do you think is it important to teach entrepreneurship at school? Give five reasons
for your answer. (25)

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OTE2601/101/0/2023
QUESTION 2

2.1 What are on the benefits of opening a Nedbank Stokvel account? (10)
2.2 Stokvels have been around for a long time now and they are uniquely South African.
The term “stokvel” dates back to the 19th century when English settlers described
their auctions as “stock fairs”. The illiterate ones referred to it as Stokvel instead of
“stock fairs”. During these fairs, farmers and labourers would sometimes pitch in
together to purchase livestock. Elaborate on the role of each of the following types of
stokvel;
2.2.1 Grocery (3)
2.2.2 Basic (3)
2.2.3 Funeral cover (3)
2.2.4 Property (3)
2.2.5 Investment (3)
(15)
[25]

QUESTION 3

3.1 Before one can compile a cash flow plan there are specific steps to be taken.
Discuss the steps that you will take before compiling a cash flow plan. (20)
3.2 Discuss the important advantages of a partnership. (5)
[25]

21
QUESTION 4

4.1 The learning area Economic and Management Sciences has various
unique characteristics. The characteristics are summarized in four learning
outcomes. Elaborate on the four outcomes (10)
4.2 People are central to the economy as consumers as they want to satisfy their
needs and therefore have certain rights in South Africa. Discuss the rights of
the consumer (15)
(25)

TOTAL [100]

Assignment 2: 17 July 2023


Unique number:

QUESTION 1

1.1 The level of skills training of the population and the productivity of labour play an
important role in South Africa’s ability to satisfy the needs of its inhabitants. Distinguish
between the different levels of skills in South Africa. (15)

1.2 The level of skills training of the population and the productivity of labour play an
important role in South Africa’s ability to satisfy the needs of its inhabitants. Distinguish
between the different levels of skills in South Africa. (15)

(30)

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OTE2601/101/0/2023
QUESTION 2

2.1 Money is the means whereby human needs are satisfied. It is also known as a
means of payment. Money can be called or viewed by various concepts.
What are the various concepts (names) associated with money? (15)

2.2 The franchise (grant) agreement has several advantages to the franchise
holder (franchisee). Elaborate on the advantages for the franchisee. (15)
2.3 There are over 800000 stokvel groups currently in South Africa. It is a good way
to safe. Discuss the following three (3) stokvels.

2.3.1 Grocery stokvel (3)


2.3.2 Property stokvel (4)
2.3.3 Funeral Stokvel (3)
(10)
(40)

QUESTION 3

The law protects the consumer. The prices of certain goods are fixed, for example the price
of specific kinds of bread. This means that nobody is allowed to sell these goods at more than
the fixed prices.
Discuss the following factors which influence profit:
3.1 Kind of business (6)
3.2 Element of Risk (6)
3.3 Competence of the entrepreneur (6)
3.4 Turnover and market size (6)
3.5 New production techniques (6)
(30)
Total [100]

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11. QUESTIONNAIRE

This questionnaire is aimed at determining your opinion on this module. You are requested to
answer each question and give an honest opinion. Indicate your choice by marking the
appropriate block with an “X” or writing a brief explanation.

This questionnaire will take approximately 15 minutes of your time.

Please attach the questionnaire to Assignment 02 before submitting it.

1. What is your opinion regarding the scope of the work covered in this module? Mark
one block on each line.

Too much Manageable Too little


Aspects covered
Too broad Just right Too narrow

Relevance for Irrelevant Of some relevance Relevant


prospective teachers

2. Were you frustrated by any aspect of the module? Explain the reasons for your
response.

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OTE2601/101/0/2023

3. Which aspect(s) of the module do you regard to be the most positive?


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4. How do you rate the standard of the tutorial letters you have received this semester?
Mark one block on each line.

The number of tutorial


letters received Too few Right number Too many

Content of each tutorial Too little details Sufficient details Too detailed
letter

Level of understanding of Difficult to follow Understandable Easy to follow


each tutorial letter

Standard of contents of Poor Acceptable Excellent


each tutorial letter

The number of tutorial


letters received Too few Right number Too many

Content of each tutorial Too little details Sufficient details Too detailed
letter

Level of understanding of Difficult to follow Understandable Easy to follow


each tutorial letter

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Standard of contents of Poor Acceptable Excellent
each tutorial letter

5. How do you rate the study guide? Mark one block on each line.

Level of understanding Difficult to follow Understandable Easy to follow

Standard of contents Poor Acceptable Excellent


of the study guide

6. Please indicate technical errors such as spelling mistakes you might have
encountered in your study guide or any of your tutorial letters.

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7. How long did it take you to work through this module?

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8. Any suggestions for improving the module?

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