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1.1.1 This Act compels businesses to display the prices of all goods and services: A Consumer Protection Act, 2008 (Act 68 of 2008) B National Credit Act (NCA), 2005 (Act 34 of 2005) C Compensation for Occupational Injuries and Diseases Amendment Act (COIDA), 1997 (Act 61 of 1997) D Skills Development Act, 1998 (Act 97 of 1998) 1.1.2 Smooth Milkshakes implemented the .. - NSC Business Studies - Question 1 - 2020 - Paper 1

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Question 1

1.1.1-This-Act-compels-businesses-to-display-the-prices-of-all-goods-and-services:--A-Consumer-Protection-Act,-2008-(Act-68-of-2008)-B-National-Credit-Act-(NCA),-2005-(Act-34-of-2005)-C-Compensation-for-Occupational-Injuries-and-Diseases-Amendment-Act-(COIDA),-1997-(Act-61-of-1997)-D-Skills-Development-Act,-1998-(Act-97-of-1998)--1.1.2-Smooth-Milkshakes-implemented-the-..-NSC Business Studies-Question 1-2020-Paper 1.png

1.1.1 This Act compels businesses to display the prices of all goods and services: A Consumer Protection Act, 2008 (Act 68 of 2008) B National Credit Act (NCA), 200... show full transcript

Worked Solution & Example Answer:1.1.1 This Act compels businesses to display the prices of all goods and services: A Consumer Protection Act, 2008 (Act 68 of 2008) B National Credit Act (NCA), 2005 (Act 34 of 2005) C Compensation for Occupational Injuries and Diseases Amendment Act (COIDA), 1997 (Act 61 of 1997) D Skills Development Act, 1998 (Act 97 of 1998) 1.1.2 Smooth Milkshakes implemented the .. - NSC Business Studies - Question 1 - 2020 - Paper 1

Step 1

1.1.1 This Act compels businesses to display the prices of all goods and services:

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The correct answer is A: Consumer Protection Act, 2008 (Act 68 of 2008), which ensures that consumers are informed about prices and can make better purchasing decisions.

Step 2

1.1.2 Smooth Milkshakes implemented the ... diversification strategy when they added fruit shakes to their existing menu.

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The correct answer is C: concentric. This strategy refers to adding new products that are related to existing ones, enhancing their offerings.

Step 3

1.1.3 Zuko Transport operates in the ... sector as they specialise in delivery services.

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The correct answer is B: primary. This sector involves the provision of services directly related to transportation and logistics.

Step 4

1.1.4 Angela Construction facilitates the training of its employees on a continuous basis and sees this as a ... as a TQM element.

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The correct answer is A: continuous skill development, as it highlights the importance of regular training and upskilling in maintaining quality management.

Step 5

1.1.5 This function is responsible for the release of positive press statements in order to boost the image of the business:

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The correct answer is B: Public relations. This function aims to manage the company’s reputation and interactions with the public.

Step 6

1.2.1 The role of ... is to draw up skills development plans for their specific economic sector.

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The correct answer is director general.

Step 7

1.2.2 Businesses that offer goods on credit are required to register with the ...

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The correct answer is National Credit Act.

Step 8

1.2.3 Parkview Consultants compiled ... an analysis to investigate the reasons for poor management in the business.

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The correct answer is SWOT.

Step 9

1.2.4 Odwa is entitled to receive a payment from the ... manager in respect of his housing allowance.

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The correct answer is director general.

Step 10

1.2.5 The function of the ... manager in recruitment is to ensure that the recruitment process is free from bias.

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The correct answer is human resource.

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