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4.1 State FOUR steps in problem-solving - NSC Business Studies - Question 4 - 2019 - Paper 1

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4.1 State FOUR steps in problem-solving. 4.2 Elaborate on the roles of the health and safety representatives in protecting the workplace environment. 4.3 Read the ... show full transcript

Worked Solution & Example Answer:4.1 State FOUR steps in problem-solving - NSC Business Studies - Question 4 - 2019 - Paper 1

Step 1

State FOUR steps in problem-solving.

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Answer

  1. Identify the problem: Clearly define what the issue is that needs to be addressed.

  2. Define the problem: Gather information to understand the extent and nature of the problem.

  3. Identify possible solutions to the problem: Think creatively to brainstorm different approaches that could resolve the issue.

  4. Select the most appropriate alternative: Evaluate the potential solutions and choose the one that best addresses the problem with minimal negative consequences.

Step 2

Elaborate on the roles of the health and safety representatives in protecting the workplace environment.

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Answer

Health and safety representatives play a crucial role in ensuring the well-being of employees in the workplace by:

  1. Ensuring that all safety equipment is properly maintained and available to workers, which helps in preventing accidents and injuries.

  2. Identifying potential hazards in the workplace and facilitating training programs that educate staff about health and safety protocols.

Their involvement is essential in fostering a safe working environment.

Step 3

Identify TWO diversity issues that are applicable to NAS. Motivate your answer by quoting from the scenario above.

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Answer

  1. Gender: The management of Norman Accounting Services employs both males and females.

  2. Age: They also encourage older employees to be mentors for young employees to develop their full potential.

Step 4

Explain how businesses could apply the Delphi-technique to solve business problems.

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Answer

The Delphi technique involves gathering insights from a panel of experts through rounds of questionnaires. Businesses can use this method to:

  1. Collect diverse opinions on a specific issue, leading to a more comprehensive understanding of the problem at hand.

  2. Reach a consensus without requiring face-to-face meetings, which can foster honest feedback and creative solutions.

Step 5

Discuss the advantages of creative thinking in the workplace.

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Answer

Creative thinking enhances problem-solving abilities by:

  1. Fostering innovation: Encouraging employees to think outside the box can lead to new products and services.

  2. Improving adaptability: A creative environment allows businesses to quickly respond to market changes and customer needs.

Step 6

Quote TWO ways in which JT contributed to the well-being of their communities.

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Answer

  1. By investing in communities through donations of school uniforms, June Traders supported the education of children.

  2. Providing sporting facilities promoted a healthy lifestyle and well-being of community members.

Step 7

Discuss the impact of corporate social investment (CSI) on JT as a business.

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Answer

The impact of CSI on June Traders includes:

  1. Enhanced corporate image: Engaging in social investment initiatives can attract positive public attention and increase customer loyalty.

  2. Increased employee morale: Employees may feel more motivated and proud to work for a company that actively contributes to the community.

Step 8

Explain how businesses can apply the King Code principles of transparency and accountability to improve their ethical business practices.

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Answer

Businesses can apply the King Code principles by:

  1. Implementing clear reporting procedures that disclose operational processes and financial transactions to stakeholders.

  2. Ensuring that there are mechanisms for accountability, such as regular audits and open channels for employee feedback.

Step 9

Suggest ways in which businesses can deal with the following unethical/unprofessional business practices: Placement of goods in rural areas.

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Answer

  1. Businesses can ensure equitable distribution of their products by setting up partnerships with local retailers in rural areas, helping to sustain local economies.

  2. Offering online sales platforms can improve access to goods for rural customers.

Step 10

Suggest ways in which businesses can deal with the following unethical/unprofessional business practices: Abuse of employees in the workplace.

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Answer

  1. Establish clear anti-harassment policies and provide regular training sessions to ensure employees know their rights and how to report abuse.

  2. Set up confidential reporting systems that allow employees to report misconduct without fear of retaliation.

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