Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1
Question 1
Various options are provided as possible answers to the following questions. Choose the correct answer and write only the letters (A) to (D) next to the question num... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Consumer Studies - Question 1 - 2021 - Paper 1
Step 1
1.1.1 An allowance or transfer in cash is called a contract without financial applications.
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Answer
The correct answer is A. verbal agreement. This indicates a non-binding and informal understanding between parties.
Step 2
1.1.2 A written promise to repair or replace an article if it breaks is called
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Answer
The correct answer is C. warranty. A warranty ensures that the seller will fix or replace faulty goods.
Step 3
1.1.3 The consumer price index (CPI) …
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Answer
The correct answer is A. is used to calculate the cost of goods and services. CPI measures the average price changes over time.
Step 4
1.1.4 Interest is calculated on the interest and principal amount.
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Answer
The correct answer is A. Simple. Simple interest refers to interest calculated only on the initial principal.
Step 5
1.1.5 Which factor regulates blood glucose levels?
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The correct answer is A. Insulin. Insulin helps in lowering blood glucose levels.
Step 6
1.1.6 The disease with the longest incubation period:
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The correct answer is C. HIV. It can have a long incubation period, sometimes several years.
Step 7
1.1.7 Identify on which the product should remain on the shelf:
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Answer
The correct answer is D. Best before date. This indicates the date until the product is expected to be at its best quality.
Step 8
1.1.8 The use of antibiotics is forbidden
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Answer
The correct answer is A. on local meat production. Antibiotics can cause resistance and are generally prohibited for livestock unless needed.
Step 9
1.1.9 Food which helps regulate blood glucose levels:
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Answer
The correct answer is D. an advantage of genetically modified foods. These foods may enhance nutrient absorption.
Step 10
1.1.10 A second-hand textile shop is fashion change.
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Answer
The correct answer is C. Young people want unique vintage textiles. This enhances individual identity and personal style.
Step 11
1.1.11 Ask … who is included in a work contract specifying what a worker is supposed to wear to work.
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Answer
The correct answer is B. an employer. An employer outlines the dress code in such contracts.
Step 12
1.1.12 Transactions will charge interest and administration costs.
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Answer
The correct answer is A. Lay-buys. They involve paying off goods over time with added interest.
Step 13
1.1.13 Help is renting a property and his financial responsibility while renting is to pay...
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Answer
The correct answer is A. off annual insurance on the property. This is usually part of rental agreements to protect the tenant.
Step 14
1.1.14 Explain the purpose of the NBCRIB, it is to …
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Answer
The correct answer is C. ensure fair terms of renting. The NBCRIB works to protect both landlords and tenants.
Step 15
1.1.15 Identify problems that a business may incur over time in failure …
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Answer
The correct answer is D. a shorter business life cycle. Businesses face various operational challenges that may lead to closures.
Step 16
1.1.16 Identify on what methods a business has the potential for future success …
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Answer
The correct answer is A. Market research. This helps understand consumer needs and identify market trends.
Step 17
1.1.17 Integrating food production with sale of a business:
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Answer
The correct answer is B. Sales management and costs to consumers. It's crucial for effective operations.
Step 18
1.1.18 Testing food ensures that ….
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The correct answer is B. long shelf life on food. This is essential for consumer safety and satisfaction.
Step 19
1.1.19 Cheese acts as a …..
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Answer
The correct answer is C. household additives to food. These help enhance flavor and preservation.
Step 20
1.1.20 Training of workers in a business improves …
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Answer
The correct answer is D. human skills. Training methodologies enhance workers' capabilities and productivity.
