1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2020 - Paper 2
Question 1
1.1 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.... show full transcript
Worked Solution & Example Answer:1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2020 - Paper 2
Step 1
1.1.1 This form of investment requires a minimum amount of R1 000 to be invested:
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Answer
The correct option is C. RSA Retail Savings Bonds, which require a minimum amount of R1,000 to be invested.
Step 2
1.1.2 KDG Insurers applied the principle of … when they compensated Gerald Trading for losses incurred due to a burglary:
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Answer
The correct option is B. indemnification, which refers to compensating for losses sustained.
Step 3
1.1.3 Henko handled the feedback session in a professional manner when he …
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Answer
The correct option is D. politely responded to questions from the audience, demonstrating good communication skills.
Step 4
1.1.4 Food For All Ltd has identified … as one of their corporate social investment (CSI) focus areas:
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Answer
The correct option is B. employment equity, highlighting their commitment to social responsibility.
Step 5
1.1.5 A grievance procedure requires an aggrieved employee to first report the matter to his/her …
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Answer
The correct option is A. supervisor, who is typically the appropriate first point of contact.
Step 6
1.2.1 The shareholders of … shares are the last to be paid when the company is declared bankrupt.
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Answer
The appropriate word is founders’.
Step 7
1.2.2 Tim Vegetables and Anna Fertilisers decided to work together towards the mutual benefit of their members. This is an example of a …
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Answer
The appropriate word is co-operative.
Step 8
1.2.3 Roxy Incorporated respects the employees’ right to … by not providing their personal information to other businesses.
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Answer
The appropriate word is privacy.
Step 9
1.2.4 An example of … advertising is demonstrated when an advertisement excludes some sections of the population.
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Answer
The appropriate word is misleading.
Step 10
1.2.5 The practice where various alternatives are considered before choosing the best solution is known as …
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Answer
The appropriate word is decision-making.
Step 11
1.3.1 Charismatic leadership style
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Answer
The correct answer is G. leaders use their personality to inspire and motivate employees.
Step 12
1.3.2 Road Accident Fund
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Answer
The correct answer is E. compensates pedestrians for injuries sustained due to negligent drivers.
Step 13
1.3.3 Graphs
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Answer
The correct answer is F. show the relationship between two sets of variables.
Step 14
1.3.4 Nominal group technique
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Answer
The correct answer is B. team members share their ideas aloud in a group.
Step 15
1.3.5 Team dynamic theories
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Answer
The correct answer is H. guide businesses on how to allocate tasks according to the roles of team members.
