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1.1.1 This Act requires businesses to report all employee accidents and illnesses that occur during working hours: A Skills Development Act (SDA), 1998 (Act 97 of 1998) B Consumer Protection Act (CPA), 2008 (Act of 2008) C Broad-Based Black Economic Empowerment Act (BBBEE), 2003 (Act 53 of 2003) D Compensation for Occupational Injuries and Diseases Amendment Act (COIDA), 1997 (Act 61 of 1997) 1.1.2 The National Credit Act (NCA), 2005 (Act 34 of 2005) enforces customers' rights to … when they can no longer afford to repay their loans - NSC Business Studies - Question 1 - 2024 - Paper 1

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1.1.1-This-Act-requires-businesses-to-report-all-employee-accidents-and-illnesses-that-occur-during-working-hours:-A-Skills-Development-Act-(SDA),-1998-(Act-97-of-1998)-B-Consumer-Protection-Act-(CPA),-2008-(Act-of-2008)-C-Broad-Based-Black-Economic-Empowerment-Act-(BBBEE),-2003-(Act-53-of-2003)-D-Compensation-for-Occupational-Injuries-and-Diseases-Amendment-Act-(COIDA),-1997-(Act-61-of-1997)--1.1.2-The-National-Credit-Act-(NCA),-2005-(Act-34-of-2005)-enforces-customers'-rights-to-…-when-they-can-no-longer-afford-to-repay-their-loans-NSC Business Studies-Question 1-2024-Paper 1.png

1.1.1 This Act requires businesses to report all employee accidents and illnesses that occur during working hours: A Skills Development Act (SDA), 1998 (Act 97 of 19... show full transcript

Worked Solution & Example Answer:1.1.1 This Act requires businesses to report all employee accidents and illnesses that occur during working hours: A Skills Development Act (SDA), 1998 (Act 97 of 1998) B Consumer Protection Act (CPA), 2008 (Act of 2008) C Broad-Based Black Economic Empowerment Act (BBBEE), 2003 (Act 53 of 2003) D Compensation for Occupational Injuries and Diseases Amendment Act (COIDA), 1997 (Act 61 of 1997) 1.1.2 The National Credit Act (NCA), 2005 (Act 34 of 2005) enforces customers' rights to … when they can no longer afford to repay their loans - NSC Business Studies - Question 1 - 2024 - Paper 1

Step 1

1.1.1 This Act requires businesses to report all employee accidents and illnesses that occur during working hours:

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Answer

The correct answer is D: Compensation for Occupational Injuries and Diseases Amendment Act (COIDA), 1997 (Act 61 of 1997). This act mandates that businesses notify the relevant authorities of any work-related injuries or illnesses.

Step 2

1.1.2 The National Credit Act (NCA), 2005 (Act 34 of 2005) enforces customers' rights to … when they can no longer afford to repay their loans.

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Answer

The correct answer is A: disclose and information. The NCA ensures that customers are informed of their rights when they face financial difficulties.

Step 3

1.1.3 Carpet Manufacturers sell their existing products in new markets. This type of intensive strategy is known as …

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Answer

The correct answer is B: market development. This strategy entails expanding the reach of existing products into new markets.

Step 4

1.1.4 The role of the interviewer is to … during an interview.

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Answer

The correct answer is A: book and prepare the venue. The interviewer is responsible for organizing the logistics of the interview process.

Step 5

1.1.5 Adequate financing and capacity as a total quality management (TQM) element enables Mvanda Ltd to …

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The correct answer is C: obtain large profits due to good financial planning. This allows the business to operate efficiently and effectively while maximizing profitability.

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