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Various options are provided as possible answers to the following questions - NSC Agricultural Management Practices - Question 1 - 2023 - Paper 1

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Various options are provided as possible answers to the following questions. Choose the answer and write only the letter (A-D) next to the question numbers (1.1.1 to... show full transcript

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Agricultural Management Practices - Question 1 - 2023 - Paper 1

Step 1

1.1.1 An example of direct production capital is …

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Answer

The correct answer is B: Implements. Implements refer to the tools and equipment used in production, which are vital components of direct production capital in agriculture.

Step 2

1.1.2 A typical example of farm work associated with seasonal labour is …

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The correct answer is C: the harvesting of an annual fruit crop. This task typically occurs within a specific season, requiring additional laborers during that peak time.

Step 3

1.1.3 The soil colour that gives an indication of a high humus content is:

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The correct answer is B: Red. Soil with a high humus content often appears darker or redder due to organic material presence.

Step 4

1.1.4 The statement that serves as a guideline to lead a farming enterprise into the future is:

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The correct answer is D: Vision statement. A vision statement outlines the long-term goals and aspirations of a farming enterprise.

Step 5

1.1.5 The marketing system where trade can take place on several online platforms:

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The correct answer is A: Internet marketing. This refers to engaging in transactions through various online avenues.

Step 6

1.1.6 A worker forgot to hand in the equipment and only brought it back the next day. An appropriate disciplinary action for this situation will be …

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The correct answer is A: a verbal warning. This is a suitable first step in addressing minor infractions.

Step 7

1.1.7 A written plan for future action, expressed in financial quantities, is known as a …

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The correct answer is D: business plan. A business plan outlines financial projections and strategic planning for an enterprise.

Step 8

1.1.8 During the harvesting process, it is important for a farmer to know the expected yield. This knowledge will enable the farmer to …

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The correct answer is A: accurately predict the price of the product for the next season. Understanding yield helps in making informed pricing decisions.

Step 9

1.1.9 The information printed separately on the packaging of an agricultural product and not necessarily on the label:

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The correct answer is B: Nutritional value. This information can be found on the packaging but is not always listed on the primary label.

Step 10

1.1.10 The preferred document used to show the profitability of an enterprise is the …

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The correct answer is B: Income Statement. The income statement provides a detailed view of revenues, costs, and expenses, showcasing profitability.

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