1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2024 - 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 - 2024 - Paper 2
Step 1
1.1.1 The shareholders of ... preference shares are compensated for past unpaid dividends due to low profits.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is D: cumulative preference shares. Cumulative preference shares ensure that any unpaid dividends from previous periods are carried forward and paid out when possible.
Step 2
1.1.2 Employers and employees each contribute 1% of their basic wages to the ...
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is A: Unemployment Insurance Fund. This fund assists employees who lose their jobs by providing financial support.
Step 3
1.1.3 Mbali, a sales consultant, should ... in order to improve her next presentation.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is A: maintain good relationships with the audience. Building rapport is essential for effective presentations.
Step 4
1.1.4 Team dynamic theories enable businesses to ...
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is A: allocate tasks according to the roles of team members. This assists in enhancing team collaboration and effectiveness.
Step 5
1.1.5 Grey Manufacturing encourages employees to recycle waste material. This refers to ... as an element of triple bottom line.
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is C: planet. This focuses on environmental sustainability.
Step 6
1.2.1 The ... is responsible for the administration of tasks and programmes to reach set targets.
97%
121 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct word is manager. A manager oversees the planning and execution of business strategies.
Step 7
1.2.2 Calculation of ... interest is based only on the original amount invested.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct word is simple. Simple interest is calculated on the principal amount alone.
Step 8
1.2.3 Team members take part in decision-making to achieve their goals. This refers to ... as a criterion for successful team performance.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct word is collaboration. Collaboration is key for effective decision-making.
Step 9
1.2.4 Jacob deals with a/an ... as a difficult personality by interpreting the situation and moving to the problem-solving process.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct word is complainer. Handling complaints effectively is crucial in the workplace.
Step 10
1.2.5 The CEO of Moodley Accountants considered various alternatives before choosing the best one. This is known as ...
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct word is decision-making. It involves evaluating options and making the best choice.
Step 11
1.3.1 Partnership
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is H. A partnership's continuity depends on the lifespan of the owners.
Step 12
1.3.2 Founders' shares
97%
121 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is G. Founders' shares allow for dividends only after all shareholder obligations are met.
Step 13
1.3.3 Social responsibility
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is J. Social responsibility encourages businesses to contribute to community well-being.
Step 14
1.3.4 Abuse of work time
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is E. This refers to employees making personal calls during work hours.
Step 15
1.3.5 Diversity
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is B. Diversity enables businesses to recognize different customer needs.
