Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2023 - Paper 2
Question 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 (1.1.1 to... show full transcript
Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2023 - Paper 2
Step 1
1.1.1 Emmah will receive a pre-determined amount invested in a … when she reaches a certain age.
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Answer
B stokvel is the best choice as it refers to a collective savings scheme that pays out upon reaching a certain age.
Step 2
1.1.2 Non-profit companies are able to raise money through various donations. This refers to … as a criterion for contributing to the success of a business.
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Answer
B capital is correct. It signifies the funds that non-profit companies can gather to support their objectives.
Step 3
1.1.3 Presenters use … as a visual aid to display large illustrations of products to support the core message of their presentation.
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Answer
B a data projector is appropriate for displaying large images during presentations effectively.
Step 4
1.1.4 Chiliza Traders submitted false returns to SARS. This is known as a type of unethical business practice.
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Answer
A tax evasion refers to the illegal act of not paying taxes owed, which fits the context.
Step 5
1.1.5 Team leaders implement … as a criterion for successful team performance by providing regular feedback to their members.
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B communication is vital for team success, ensuring members receive consistent feedback.
