Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2017 - Paper 1
Question 1
Various options are provided as possible answers to the following questions. Choose the answer and write the letter (A–D) next to the question number (1.1.1–1.1.10) ... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2017 - Paper 1
Step 1
1.1.1 The role of SETAs is to …
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 role of SETAs (Sector Education and Training Authorities) is primarily to train employees, ensuring they have the necessary skills required for the job market.
Step 2
1.1.2 This Act prevents unfair marketing practices:
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 Consumer Protection Act, 2008 (Act 68 of 2008) prevents unfair marketing practices, allowing consumers to be treated fairly in the marketplace.
Step 3
1.1.3 A … is the invitation by a company to the public to buy shares.
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
A prospectus is the invitation by a company to the public to buy shares, providing essential information about the investment.
Step 4
1.1.4 The … leadership theory encourages followers to accept immediate change in the workplace.
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 transformational leadership theory encourages followers to accept immediate change in the workplace by motivating and inspiring them.
Step 5
1.1.5 A visual presentation of a set of sales figures shown as a series of rectangles:
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
A Bar graph visually represents a set of sales figures using rectangles, making it easy to compare data across different categories.
Step 6
1.1.6 Thembi allows Joyce time to speak in an angry manner without attacking her. This is an example of dealing with a(n) … personality.
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 scenario illustrates dealing with a(n) aggressive personality, as it highlights how one can communicate without escalating conflict.
Step 7
1.1.7 A business contributes towards the well-being of its employees by …
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
A business contributes to employee well-being by providing recreational facilities, which enhance work-life balance and overall job satisfaction.
Step 8
1.1.8 Which ONE of the following aspects is NOT included in an induction programme?
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
Counseling sessions are typically not included in an induction programme, which focuses on onboarding new employees.
Step 9
1.1.9 Businesses use quality … to direct key processes so that the correct quality standards are met.
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
Businesses use quality management systems to direct key processes and ensure that the correct quality standards are met.
Step 10
1.1.10 The … procedure matches the requirements of a post with the strengths of a candidate.
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 recruitment procedure matches the requirements of a post with the strengths of a candidate, ensuring a good fit for the role.
Step 11
1.2.1 The business has no control over the … environment.
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 business has no control over the macro environment, which encompasses all external factors affecting its operations.
Step 12
1.2.2 A minimum of R1 000 is required to invest in …
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
A minimum of R1 000 is required to invest in RSA Retail Savings Bonds, a secure investment option.
Step 13
1.2.3 During … stage of team development, team members are motivated to work towards a common goal.
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
During the norming stage of team development, team members are motivated to work towards a common goal, fostering collaboration and cohesiveness.
Step 14
1.2.5 Chunky Cheese Ltd chose the … integration strategy when they took over Daisy Dairy Farm.
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
Chunky Cheese Ltd chose the horizontal integration strategy when they took over Daisy Dairy Farm, aiming to expand their product offerings.
