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Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2023 - Paper 2
Question 1
Various options are provided as possible answers to the following questions. Choose the answer and write only the letter (A–D) next to the question numbers (1.1.1 to... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2023 - Paper 2
Step 1
1.1.1 Emmah will receive a pre-determined amount invested in a … when she reaches a certain age.
Answer
The correct answer is B - stokvel. A stokvel is a type of savings scheme practiced primarily in South Africa, where members contribute money to a common fund and share the proceeds, usually on a predetermined basis.
Step 2
1.1.2 Non-profit companies are able to raise money through various donations. This refers to … as a criterion for contributing to the success of a business.
Answer
The correct answer is B - capital. In a non-profit context, capital raised through donations is essential for achieving the organization's mission and sustaining its operations.
Step 3
1.1.3 Presenters use … as a visual aid to display large illustrations of products to support the core message of their presentation.
Answer
The correct answer is B - a data projector. This device allows presenters to display images, videos, and presentations on a larger screen, enhancing audience engagement and understanding.
Step 4
Step 5
1.1.5 Team leaders implement … as a criterion for successful team performance by providing regular feedback to their members.
Answer
The correct answer is B - communication. Effective communication is crucial in teams as it fosters cooperation, feedback, and ensures everyone is informed and aligned towards common goals.