1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2020 - 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 - 2020 - Paper 2
Step 1
1.1.1 This form of investment requires a minimum amount of R1 000 to be 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 answer is C. RSA Retail Savings Bonds, as they require a minimum investment amount.
Step 2
1.1.2 KDG Insurers applied the principle of ... when they compensated Gerald Trading for losses incurred due to a burglary:
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 principle applied here is B. indemnification, which ensures that the insured party is compensated for losses.
Step 3
1.1.3 Henko handled the feedback session in a professional manner when he ...
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
Henko acted professionally when he D. politely replied to questions from the audience.
Step 4
1.1.4 Food For All Ltd has identified ... as one of their corporate social investment (CSI) focuses areas:
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 focus area identified is B. health and wellness, which is often prioritized in CSI initiatives.
Step 5
1.1.5 A grievance procedure requires an aggrieved employee to first report the matter to his/her ...
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 A. supervisor, as they are usually the first point of contact in grievance procedures.
Step 6
1.2.1 The shareholders of ... shares are the last to be paid when the company is declared bankrupt.
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 answer is founders’, as they hold shares that are prioritized last.
Step 7
1.2.2 Tim Vegetables and Anna Fertilisers decided to work together towards the mutual benefit of their members. This is an example of a ...
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
This is an example of a co-operative, which is formed for mutual benefits.
Step 8
1.2.3 Roxy Incorporated respects the employees’ right to ... by not providing their personal information to other businesses.
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 term here is privacy, as it pertains to protecting personal information.
Step 9
1.2.4 An example of ... advertising is demonstrated when an advertisement excludes some sections of the population.
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
This is an example of misleading advertising, which can misinform the public.
Step 10
1.2.5 The practice where various alternatives are considered before choosing the best solution 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
This practice is referred to as decision-making, where multiple options are evaluated.
Step 11
1.3.1 Charismatic leadership style
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 corresponding description is G. leaders use their personality to inspire and motivate employees.
Step 12
1.3.2 Road Accident Fund
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
This is matched with E. compensates pedestrians for injuries sustained due to negligent drivers.
Step 13
1.3.3 Graphs
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
Graphs show the relationship between two sets of variables, so the match is F.
Step 14
1.3.4 Nominal group technique
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 match for this technique is B. team members share their ideas aloud in a group.
Step 15
1.3.5 Team dynamic theories
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
This corresponds to H. guide businesses on how to allocate tasks according to the roles of team members.
