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:
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is C: RSA Retail Savings Bonds. These bonds typically require a minimum investment and provide a secure way to save.
Step 2
1.1.2 KDG Insurers applied the principle of … when they compensated Gerald Trading for losses incurred due to a burglary.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is B: indemnification. This principle ensures that an insured party is compensated for losses covered by the insurance policy.
Step 3
1.1.3 Henko handled the feedback session in a professional manner when he …
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is D: professionally replied to questions from the audience. This indicates a respectful and engaging response to audience interaction.
Step 4
1.1.4 Food For All Ltd has identified … as one of their corporate social investment (CSI) focus areas.
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is B: employment equity. This focus area emphasizes fair treatment and opportunity for all employees.
Step 5
1.1.5 A grievance procedure requires an aggrieved employee to first report the matter to his/her …
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is A: supervisor. Typically, grievances should be reported to the immediate superior before escalating.
Step 6
1.2.1 The shareholders of ... shares are the last to be paid when the company is declared bankrupt.
97%
121 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is founders'. Founders' shares typically bear more risk in bankruptcy scenarios.
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 ...
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is co-operative. A co-operative organization allows members to benefit mutually.
Step 8
1.2.3 Roxy Incorporated respects the employees' right to ... by not providing their personal information to other businesses.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is privacy. Ensuring privacy means protecting personal information of employees.
Step 9
1.2.4 An example of ... advertising is demonstrated when an advertisement excludes some sections of the population.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is misleading. Misleading advertisements give a false impression by omitting facts.
Step 10
1.2.5 The practice where various alternatives are considered before choosing the best option is known as ...
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is decision-making. This process involves evaluating options to select the most effective choice.
Step 11
1.3.1 Charismatic leadership style
97%
117 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is G: guides businesses on how to allocate tasks to team members with similar personality traits.
Step 12
1.3.2 Road Accident Fund
97%
121 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is E: compensates pedestrians for injuries sustained due to negligent drivers.
Step 13
1.3.3 Graphs
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is F: show the relationship between two sets of variables.
Step 14
1.3.4 Nominal group technique
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is H: guide businesses on how to allocate tasks according to the roles of team members.
Step 15
1.3.5 Team dynamic theories
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
The correct answer is I: team members silently generate ideas and then refine them before sharing them with other members.
