NSC Business Studies Industrial Analysis Tools: Various options are provided as

Question

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 in the ANSWER BOOK, e.g. 1.1.1 D.

1.1.1 This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:
A Consumer Protection (CPA), 2008 (Act 68 of 2008)
B Broad-Based Black Economic Empowerment Act (BBEEE), 2003 (Act 53 of 2003)
C Compensation for Occupational Injuries and Diseases Act (COIDA), 1997 (Act 61 of 1997)
D Labour Relations Act (LRA), 1995 (Act 66 of 1995)

1.1.2 Which ONE of the following businesses can be classified under the secondary sector?
A Dundee Gold Mine
B Shop and Pay Supermarket
C Villa Attorneys
D Industrial Handbags Manufacturers

1.1.3 The role of SETAs:
A Register learner programmes
B Train employees in the workplace
C Provide employment opportunities
D Monitor skilled employees

1.1.4 An example of long-term insurance:
A Money in transit
B Endowment policy
C Funeral policy
D Assets insurance

1.1.5 When designing a multimedia presentation, a presenter must ...
A prepare for the feedback session.
B limit the amount of information on each slide.
C prepare a suitable venue.
D practise in front of someone to get an opinion.

1.1.6 The value of Sipho's stock is R40 000 and he insured it for R30 000. Damage caused by fire amounted to R8 000. Sipho will receive ... as compensation.
A R6 000
B R3 000
C R30 000
D R40 000

1.1.7 Benny promotes ... by employing people from diverse backgrounds in his supermarket.
A accountability
B discrimination
C social rights
D inclusivity

1.1.8 ONE of the steps that businesses may consider when handling conflict in the workplace:
A Implement disciplinary procedures
B Provide recreational facilities
C Select an appropriate solution
D Provide fringe benefits

1.1.9 The human resources activity which ensures that the skills and competencies of newly appointed employees match the requirements of the job:
A Placement
B Recruitment
C Training
D Employment agencies

1.1.10 Sara Designers used ... to recruit possible candidates amongst existing employees.
A employment agencies
B educational institutions
C notice boards
D local newspapers

(10 x 2)

1.2 Complete the following statements by using the words provided in the list below. Write only the word(s) next to the question numbers in the ANSWER BOOK.

1.2.1 Collin uses ... to display sales figures in columns for his presentation to management.

1.2.2 The unemployment insurance fund is also regarded as a ... benefit.

1.2.3 Lindsay Manufacturers contributes 1% of their payroll to SARS as a ... to train employees.

1.2.4 Marble Constructions uses ... to measure specified standards and quality for their business functions.

1.2.5 Job ... requires applicants to have relevant qualifications and work experience.
(5 x 2)

1.3 Choose a description from COLUMN B that matches a term in COLUMN A. Write only the letter (A–J) next to the question numbers in the ANSWER BOOK, e.g. 1.3.1 K.

COLUMN A 
1.3.1 Debentures  
1.3.2 COIDA  
1.3.3 Economic right  
1.3.4 CSI project  
1.3.5 Aggressive

COLUMN B  
A aims at uplifting the standard of living in communities  
B allows employees to have access to health care  
C represents a short-term loan to a business  
D compels employees to contribute 1% of their salary for injuries sustained while on duty  
E enables businesses to make loans from investors  
F an employee who is always unhappy about decisions taken by others in a meeting  
G aims at making maximum profits  
H allows employees to be paid equally for work of equal value  
I compels businesses to contribute monitorily towards the compensation  
J an employee who becomes argumentative when confronted by others in a meeting

Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2019 - Paper 1

Worked Solution & Example Answer:Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2019 - Paper 1

1.1.1 This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:

1.1.2 Which ONE of the following businesses can be classified under the secondary sector?

1.1.3 The role of SETAs:

1.1.4 An example of long-term insurance:

1.1.5 When designing a multimedia presentation, a presenter must ...

1.1.6 The value of Sipho's stock is R40 000 and he insured it for R30 000. Damage caused by fire amounted to R8 000. Sipho will receive ... as compensation.

1.1.7 Benny promotes ... by employing people from diverse backgrounds in his supermarket.

1.1.8 ONE of the steps that businesses may consider when handling conflict in the workplace:

1.1.9 The human resources activity which ensures that the skills and competencies of newly appointed employees match the requirements of the job:

1.1.10 Sara Designers used ... to recruit possible candidates amongst existing employees.

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