1.1 Various options are provided as possible answers to the following questions, numbers (1.1.1 to 1.1.5) in the ANSWER BOOK, e.g., 1.1.6 - NSC Business Studies - Question 1 - 2021 - Paper 2
Question 1
1.1 Various options are provided as possible answers to the following questions, numbers (1.1.1 to 1.1.5) in the ANSWER BOOK, e.g., 1.1.6.
1.1.1 Jane uses the ... l... show full transcript
Worked Solution & Example Answer:1.1 Various options are provided as possible answers to the following questions, numbers (1.1.1 to 1.1.5) in the ANSWER BOOK, e.g., 1.1.6 - NSC Business Studies - Question 1 - 2021 - Paper 2
Step 1
1.1.1 Jane uses the ... leadership style by allowing her employees to give their inputs when making strategic decisions.
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Answer
The correct answer is D. democratic. This leadership style encourages participation and input from team members, facilitating collaborative decision-making.
Step 2
1.1.2 The dividend on ... shares is paid to shareholders at a fixed rate.
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Answer
The correct answer is C. preference. Preference shares often provide a fixed dividend that is paid before any dividends to ordinary shareholders.
Step 3
1.1.3 Matt & Jan Attorneys are jointly and severally liable for the debts of the business. This form of ownership is known as a ...
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Answer
The correct answer is A. public company. This structure is typically associated with businesses that can raise capital through the sale of shares to the public.
Step 4
1.1.4 Businesses apply the ... technique when they distribute questionnaires to a panel of experts to find a solution for their business problem.
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Answer
The correct answer is D. delphi. The Delphi technique involves a series of questionnaires sent to a panel of experts, aiming for consensus on a specific issue.
Step 5
1.1.5 Team members clarify their roles and reach consensus during the ... stage of team development.
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Answer
The correct answer is A. norming. In this stage, the team develops mutual respect and establishes norms and relationships.
