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, as they require a minimum investment amount.
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 answer is B: indemnification, which protects the insured against losses from specific perils.
Step 3
1.1.3 Henko handled the feedback session in a professional manner when he …
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Answer
The appropriate response is D: politely responded to questions from the audience, reflecting good professional conduct.
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 suitable answer is D: employment equity, emphasizing corporate 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 answer is A: supervisor, as this is the standard protocol in workplace grievance procedures.
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 answer is founders’ shares, as they are non-preferential in bankruptcy.
Step 7
1.2.2 Tim Vegetables and Anna Fertilizers decided to work together towards the mutual benefit of their members. This is an example of a …
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Answer
The correct term is co-operative, reflecting mutual benefit.
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 answer is privacy, ensuring confidentiality.
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 fitting term is misleading, as it misrepresents the audience.
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 answer is decision-making, involving evaluating options.
Step 11
1.3.1 Charismatic leadership style
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Answer
The matching description 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 appropriate match is E: compensates pedestrians for injuries sustained due to negligent drivers.
Step 13
1.3.3 Graphs
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Answer
The answer corresponds to D: shows the appearance of data in a schematic representation.
Step 14
1.3.4 Nominal group technique
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Answer
The correct match is I: team members silently generate ideas and then share them verbally.
Step 15
1.3.5 Team dynamic theories
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Answer
The appropriate description is H: guide businesses on how to allocate tasks according to the roles of team members.
