1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2022 - Paper 2
Question 1
1.1 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.... show full transcript
Worked Solution & Example Answer:1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2022 - Paper 2
Step 1
1.1.1 Business leaders use the … theory to analyse the business objectives in order to adopt a suitable leadership style.
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Answer
The correct answer is B: situational leadership. Situational leadership theory suggests that there is no single best style of leadership. Instead, effective leadership varies according to the task and the people involved.
Step 2
1.1.2 A number of investments are pooled together into a portfolio that is managed by an expert. This refers to …
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Answer
The correct answer is D: unit trusts. Unit trusts are a form of collective investment scheme where funds are pooled together to be managed by professionals.
Step 3
1.1.3 Bona decided to … as he prepared for his presentation to stakeholders.
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Answer
The correct answer is B: speak with energy and enthusiasm. Engaging presentations typically require energy to capture and maintain audience interest.
Step 4
1.1.4 Managers deal with … as a diversity issue by appointing an interpreter to facilitate a common understanding amongst members in a meeting.
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Answer
The correct answer is C: culture. Cultural differences can be significant in communication, thus using an interpreter helps in bridging these gaps.
Step 5
1.1.5 Alida should be firm and assertive when dealing with the … as a type of difficult personality.
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Answer
The correct answer is D: aggressive person. Handling aggressive individuals requires a firm and assertive approach.
Step 6
1.2.1 The employer is the only one who contributes monthly payments to the …
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Answer
The answer is Compensation Fund.
Step 7
1.2.2 The … company offers shares to people by issuing a prospectus.
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Answer
The answer is private.
Step 8
1.2.3 The CEO of Mohammed Enterprises follows the … process when considering various alternatives before choosing the best one.
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Answer
The answer is decision-making.
Step 9
1.2.4 The role of the … is to work together with employers to investigate any accidents in the workplace.
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Answer
The answer is health and safety representatives.
Step 10
1.2.5 Team members take part in a decision-making process. This is known as … which is one criteria for successful performance.
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Answer
The answer is collaboration.
Step 11
1.3.1 Utmost good faith
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Answer
The answer is F: the insured must disclose all relevant information that may affect the extent of the risk.
Step 12
1.3.2 Return on the investment
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Answer
The answer is D: investors consider the uncertainty of the value of an investment.
Step 13
1.3.3 Transactional leadership style
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Answer
The answer is E: leader takes decisions without consulting employees.
Step 14
1.3.4 Abuse of work time
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Answer
The answer is B: employees take business stationery without permission.
Step 15
1.3.5 Conflict
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Answer
The answer is A: disagreement between two employees in the workplace.
