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 option is B: situational leadership. This approach emphasizes adapting leadership styles based on different circumstances and the needs of the organization.
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 allow individuals to pool their money together to invest in a diversified portfolio managed by professionals.
Step 3
1.1.3 Bona decided to ... as he prepared for his presentation to stakeholders.
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Option B: speak with energy and enthusiasm is appropriate. This approach helps to engage stakeholders and convey the importance of the presentation effectively.
Step 4
1.1.4 Managers deal with ... as a diversity issue by appointing an expert to facilitate a common understanding amongst members in a meeting.
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Answer
The correct choice is C: culture. Cultural awareness and sensitivity are essential for effective teamwork and communication in diverse organizations.
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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The answer is D: aggressive person. Being assertive can help Alida manage difficult interactions more effectively.
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: public.
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 correct letter is A: disagreement between two employees in the workplace.
Step 12
1.3.2 Return on the investment
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The letter 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
This matches with E: leader takes decisions without consulting employees.
Step 14
1.3.4 Abuse of work time
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This corresponds to B: employees take business stationery without permission.
Step 15
1.3.5 Conflict
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This relates to G: employee lodges a complaint in the workplace.
