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1.1.1 Emmah will receive a pre-determined amount invested in a .. - NSC Business Studies - Question 1 - 2023 - Paper 2
Question 1
1.1.1 Emmah will receive a pre-determined amount invested in a ... when she reaches a certain age. A fixed deposit B stokvel C retirement annuity D managed portfoli... show full transcript
Worked Solution & Example Answer:1.1.1 Emmah will receive a pre-determined amount invested in a .. - NSC Business Studies - Question 1 - 2023 - Paper 2
Step 1
1.1.1 Emmah will receive a pre-determined amount invested in a ... when she reaches a certain age.
Answer
The correct answer is B: stokvel. A stokvel is a type of savings scheme in South Africa where a group of individuals saves together and shares the savings among themselves, which aligns with receiving a predetermined amount when reaching a certain milestone.
Step 2
1.1.2 Non-profit companies are able to raise money through various donations. This refers to ... as a criterion for contributing to the success of a business.
Answer
The correct answer is B: capital. In non-profit organizations, capital from donations is crucial for funding activities and fulfilling their missions.
Step 3
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Step 5
1.1.5 Team leaders implement ... as a criterion for successful team performance by providing regular feedback to their members.
Answer
The correct answer is B: communication. Effective communication ensures that team members are aware of expectations and can improve their performance based on feedback.