NSC Business Studies Business Environments: 1.1.1 This Act compels businesse

Question

1.1.1 This Act compels businesses to display the prices of all goods and services:

B National Credit Act (NCA), 2005 (Act 34 of 2005)

1.1.2 Smooth Milkshakes implemented the ... diversification strategy when they added fruit shakes to their existing menu.

A vertical

1.1.3 Zuko Transport operates in the ... sector as they specialise in delivery services.

C economic

1.1.4 Angela Construction facilitates the training of its employees on a continuous basis by implementing the ... as a TQM element.

B adequate financing and capacity

1.1.5 This function is responsible for the release of positive press statements in order to boost the image of the business:

B Public relations

1.2 Complete the following statements by using the word(s) from the list below. Write only the word(s) next to the question numbers (1.2.1 to 1.2.5) in the ANSWER BOOK.

1.2.1 The role of ... is to draw up skills development plans for their specific economic sector.

director general

1.2.2 Businesses that offer goods on credit are required to register with the ...

National Credit Act

1.2.3 Parkview Consultants compiled a ... analysis to investigate the reasons for poor management in the business.

SWOT

1.2.4 Odwa is entitled to register with the ... manager in order to receive benefits.

unemployment insurance fund

1.2.5 The aim of the training is to provide the ... manager in his/her duties.

administration

1.1.1 This Act compels businesses to display the prices of all goods and services: B National Credit Act (NCA), 2005 (Act 34 of 2005) 1.1.2 Smooth Milkshakes implemented the .. - NSC Business Studies - Question 1 - 2020 - Paper 1

Worked Solution & Example Answer:1.1.1 This Act compels businesses to display the prices of all goods and services: B National Credit Act (NCA), 2005 (Act 34 of 2005) 1.1.2 Smooth Milkshakes implemented the .. - NSC Business Studies - Question 1 - 2020 - Paper 1