4.1 Name any TWO types of leadership theories - NSC Business Studies - Question 4 - 2020 - Paper 2

4.2.1 This describes redeemable preference shares, allowing shareholders to sell their shares back after a specified period. 4.2.2 This refers to non-cumulative preference shares, where past unpaid dividends will not be compensated. 4.2.3 This indicates participating preference shares, which allow shareholders to partake in surplus profits.

Insurance transfers the risk from businesses to an insurance company. It protects against various financial losses, like property damage or liability claims, ensuring business continuity. Additionally, it helps in risk management and planning, offering peace of mind to business owners.

Zama is fully conversant with the objectives of the presentation and has created visual aids to support and enhance his information.

Zama should establish credibility, engage the audience, structure the presentation clearly with headings, summarize main points at the end, and maintain eye contact. It is also important to encourage questions and ensure he addresses audience feedback.

Key social rights for employees include access to clean water, the right to education, and health care benefits.

Effective communication ensures that team members understand tasks and objectives, leading to improved collaboration and swift decision-making. It fosters an open environment for feedback and clarifies expectations, ultimately enhancing overall team performance.

The problem-solving technique is 'force field analysis.' This is evident as employees evaluate the advantages and disadvantages of the proposed change.

Creative thinking leads to innovative solutions, enhances problem-solving skills, increases productivity, and helps employees feel more engaged and empowered. It enables businesses to adapt to changes and seize new opportunities.

Businesses can tackle unemployment by offering skills development programs, internships, and apprenticeships. Collaborating with educational institutions can also promote job readiness, while fostering entrepreneurial initiatives can create new job opportunities.