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Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2023 - Paper 2

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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 Business Studies - Question 1 - 2023 - Paper 2

Step 1

1.1.1 Mandla applied the … leadership theory when he encouraged his team to be creative when dealing with drastic changes in a dynamic work environment.

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Answer

The correct answer is C transformational. Transformational leadership focuses on encouraging creativity and innovation, which is essential in dynamic environments.

Step 2

1.1.2 The directors of a … company are jointly and severally responsible for the debts of the business.

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Answer

The correct answer is B personal liability. Directors can be held personally liable for the debts of the company they manage.

Step 3

1.1.3 The principal amount remains the same for the duration of the investment period when calculating … earned.

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Answer

The correct answer is A simple interest. Simple interest is calculated only on the principal amount throughout the investment period.

Step 4

1.1.4 Employees of Ntsako Trading used the internet facilities of the business after working hours without permission. This refers to …

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Answer

The correct answer is B unauthorised usage of workplace funds and resources. This behavior constitutes a misuse of company resources.

Step 5

1.1.5 Businesses develop counselling programmes and train counsellors as a strategy to deal with … as a socio-economic issue.

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Answer

The correct answer is D unemployment. Counselling programmes can help address mental health issues related to unemployment.

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