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2.1 List any FOUR examples of non-verbal presentations - NSC Business Studies - Question 2 - 2023 - Paper 2
Question 2
2.1 List any FOUR examples of non-verbal presentations. 2.2 Outline the role of personal attitude in successful leadership. 2.3 Read the scenario below and answer ... show full transcript
Worked Solution & Example Answer:2.1 List any FOUR examples of non-verbal presentations - NSC Business Studies - Question 2 - 2023 - Paper 2
Step 1
Step 2
Outline the role of personal attitude in successful leadership.
Answer
A positive attitude releases leadership potential for personal growth. It influences the atmosphere of the business, as leaders must know their strengths and weaknesses to effectively guide their teams.
Leaders should cultivate an environment that encourages innovative thinking and collaboration, where input from team members is valued. An enthusiastic leader sets a precedent for work ethic and motivation among employees.
Step 3
Step 4
Suggest situations in which the leadership style identified in QUESTION 2.3.1 can be applied in the workplace.
Answer
This participative leadership style can be applied in situations such as:
- Team brainstorming sessions, where input and ideas from all members can lead to innovative solutions.
- Project management settings, where collective decision-making enhances accountability and ownership of tasks.
- Change management scenarios, where involving employees in the transition can ease resistance and increase buy-in.
Step 5
Discuss the impact of Government/RSA Retail Savings Bonds as a form of investment.
Answer
Government/RSA Retail Savings Bonds provide guaranteed returns, making them a low-risk investment option for individuals at all levels of income. They are easily accessible and can be bought electronically through various channels, making them convenient.
However, the bonds are not transferable and have withdrawal penalties, which can be a disadvantage for some investors. Overall, they offer a safe way to invest and accumulate savings over a longer period.
Step 6
Step 7
Explain venture capital as a type of compulsory insurance.
Answer
Venture capital involves funding provided by investors to startups and small businesses that are believed to have long-term growth potential. In this context, it acts as a safety net, enabling businesses to scale and innovate without bearing the full financial risk, akin to how insurance provides a safety net against unforeseen losses.
Step 8
Advise businesses on how the division of profits could affect the success or failure of a public company.
Answer
The division of profits directly affects shareholder satisfaction and future investments. If profits are shared too thinly, shareholders may be dissatisfied, leading to a drop in the stock price and investor confidence. Conversely, reinvesting a significant portion of profits into the business can fuel growth and attract new investors, potentially leading to long-term success.