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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 are tools or equipment used in the production process, making it a form of direct production capital.

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 is typically undertaken during specific harvest seasons and reflects seasonal labour.

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 A Black. Black soil typically indicates a high humus content, which is beneficial for farming.

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 goals and directions of a business in the future.

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 term refers to marketing of products and services online.

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 common first step in employee discipline.

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 details the strategy and financial forecasts for the business.

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. Knowing the expected 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 is often included on packaging for consumer guidance.

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. This financial document summarizes revenues and expenses over a specific period.

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