NSC Business Studies Challenges in the Business Environment: Various options are provided as

Question

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 1.1.10) in the ANSWER BOOK, e.g. 1.1.1 B.

1.1.1 This Act regulates the implementation of affirmative action when businesses make new appointments.

A Consumer Protection Act, 2008 (Act 68 of 2008)
B Employment Equity Act, 1998 (Act 55 of 1998)
C Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of 2003)
D Labour Relations Act, 1995 (Act 66 of 1995)

1.1.2 Yashika Supermarket has ... control over challenges related to its vision and mission statement.

A full
B limited
C little
D none

1.1.3 It is compulsory for ... to hold an annual general meeting for its shareholders.

A Shark Tale General Dealer (Pty) Ltd
B Shrek Building Appliances CC
C Incredible Toy Store Ltd
D Healthy Living NPC

1.1.4 This aspect should be considered when designing a multimedia presentation.

A Prepare the feedback session
B Cover a large amount of information
C Keep eye contact with the audience
D Choose relevant images

1.1.5 Thurns Traders insured their building for R80 000. The actual value of the building is R100 000. Damages caused by fire amounted to R50 000. What will be the compensation for the loss?

A R100 000
B R80 000
C R62 500
D R40 000

1.1.6 Businesses use team dynamics theories to ...

A promote total satisfaction.
B allocate tasks according to the roles of team members.
C address conflicts to team members with similar personalities.
D encourage competition within teams.

1.1.7 When resolving differences between employees in the workplace, management needs to ...

A dismiss the affected worker.
B shift the blame.
C address the causes of conflict.
D transfer the difficult worker.

1.1.8 The process a senior manager uses to choose the best solution, is known as ...

A routine thinking.
B decision making.
C brainstorming.
D elected choices.

1.1.9 A framework that businesses use to manage key processes to maintain good standards:

A Quality control
B Quality management system
C Quality management
D Quality performance

1.1.10 The process of choosing the five most suitable candidates for the job is known as ...

A interview.
B recruitment.
C reference checking.
D shortlisting.

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.

[debenture holders; Jungian; administration; description; interest; Belbin; dividend; marketing; shareholders; specification]

1.2.1 The job ... outlines the minimum requirements of a vacancy.

1.2.2 A reward paid out to shareholders on the profits of the business is known as ...

1.2.3 Investors who lend money to a company are called ...

1.2.4 The theory is based on the idea that people are born with preferences for certain attitudes and functions.

1.2.5 Keeping business information up to date is the responsibility of the ... function.

1.3 Choose a description from COLUMN B that matches a term in COLUMN A. Write only the letter (A–J) next to the question numbers (1.3.1 to 1.3.5) in the ANSWER BOOK, e.g., 1.3.6 K.

1.3.1 Consumer Protection Act
1.3.2 Learnership
1.3.3 Triple bottom line
1.3.4 External recruitment
1.3.5 National Skills Development Strategy

Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2018 - Paper 1

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2018 - Paper 1