1.1.1 This Act gives consumers access to debt counsellors:
A Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of 2003)
B Employment Equity Act, 1998 (Act 55 of 1998)
C Consumer Protection Act, 2008 (Act 68 of 2008)
D National Credit Act, 2005 (Act 34 of 2005)
1.1.2 Which ONE of the following businesses may be classified under the tertiary sector?
A AMC Transport
B Toekoms Vineyards
C Forest Furniture Manufacturers
D Bluerock Coal Mine
1.1.3 An industrial analysis tool used to analyse the challenges in the macro-environment:
A Porter’s Five Forces
B PESTLE
C SCAMPER
D Balanced Scorecard
1.1.4 The .. - NSC Business Studies - Question 1 - 2016 - Paper 1
Question 1
1.1.1 This Act gives consumers access to debt counsellors:
A Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of 2003)
B Employment Equity Act, 1998 (Act 55 ... show full transcript
Worked Solution & Example Answer:1.1.1 This Act gives consumers access to debt counsellors:
A Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of 2003)
B Employment Equity Act, 1998 (Act 55 of 1998)
C Consumer Protection Act, 2008 (Act 68 of 2008)
D National Credit Act, 2005 (Act 34 of 2005)
1.1.2 Which ONE of the following businesses may be classified under the tertiary sector?
A AMC Transport
B Toekoms Vineyards
C Forest Furniture Manufacturers
D Bluerock Coal Mine
1.1.3 An industrial analysis tool used to analyse the challenges in the macro-environment:
A Porter’s Five Forces
B PESTLE
C SCAMPER
D Balanced Scorecard
1.1.4 The .. - NSC Business Studies - Question 1 - 2016 - Paper 1
Step 1
1.1.1 This Act gives consumers access to debt counsellors:
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Answer
The correct answer is D: National Credit Act, 2005 (Act 34 of 2005). This Act ensures that consumers have access to debt counselling and protection from over-indebtedness.
Step 2
1.1.2 Which ONE of the following businesses may be classified under the tertiary sector?
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Answer
The correct answer is A: AMC Transport. The tertiary sector includes services such as transportation.
Step 3
1.1.3 An industrial analysis tool used to analyse the challenges in the macro-environment:
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Answer
The correct answer is A: Porter’s Five Forces. This framework helps assess competitive pressure within an industry.
Step 4
1.1.4 The ... clause is applied to determine the amount that the insurer will pay, regardless of the losses suffered:
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Answer
The correct answer is C: average. This clause ensures that the insurer pays a proportionate amount based on the value and coverage.
Step 5
1.1.5 The current and past directors of a … company are jointly and severally responsible for the debts of the company.
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Answer
The correct answer is A: personal liability. Directors can be held personally accountable for the company's debts.
Step 6
1.1.6 This aspect should be considered when designing a multimedia presentation:
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Answer
The correct answer is D: Maintain eye contact with the audience. It fosters engagement and comprehension.
Step 7
1.1.7 Telkom Ltd’s concern is not only about their financial position, but also about their social and environmental successes. Therefore they report on their ... performances.
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Answer
The correct answer is D: triple bottom line. This concept considers social, environmental, and financial performance.
Step 8
1.1.8 Team dynamic theories help businesses to...
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Answer
The correct answer is C: overcome the conflict between team members. These theories promote understanding and cooperation.
Step 9
1.1.9 Quality circles usually form part of the TQM element of ...
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Answer
The correct answer is A: continuous improvement of processes and systems. TQM aims for ongoing enhancements.
Step 10
1.1.10 Effective feedback involves ...
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Answer
The correct answer is D: including visual aids in verbal presentations. Visual aids can enhance understanding and retention.
