1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2017 - Paper 1
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 number (1.1.1... 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 - 2017 - Paper 1
Step 1
1.1.1 Workers are entitled to ... consecutive days’ annual leave per year.
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Answer
The correct answer is C: 21.
Step 2
1.1.2 This strategy does not form part of the intensive strategies.
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Answer
The correct answer is A: Product penetration.
Step 3
1.1.3 The main purpose of the Labour Relations Act (LRA) (No. 66 of 1995) is to ...
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Answer
It aims to promote economic development, social justice, labour peace, and democracy in the workplace.
Step 4
1.1.4 A partnership has ...
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Answer
The correct answer is B: unlimited liability and limited continuity.
Step 5
1.1.5 The return on an investment in shares is called ...
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Answer
The correct answer is A: dividends.
Step 6
1.1.6 The ... clause is applied to determine the amount that the insurer will pay out when goods are undersured.
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Answer
The correct answer is D: average.
Step 7
1.1.7 ... means valuing each other regardless of status, culture or disability.
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Answer
The correct answer is D: Inclusivity.
Step 8
1.1.8 Team dynamic theories help businesses to ...
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Answer
The correct answer is B: allocate tasks according to the roles of team members.
Step 9
1.1.9 Quality circles usually form part of the ... TQM element.
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