1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2024 - 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 - 2024 - Paper 2
Step 1
1.1.1 The shareholders of … preference shares are compensated for past unpaid dividends due to low profits.
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Answer
The answer is D cumulative, as cumulative preference shares allow shareholders to receive dividends in arrears.
Step 2
1.1.2 Employers and employees each contribute 1% of their basic wages to the …
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Answer
The answer is A Unemployment Insurance Fund, which is typically funded by employers and employees.
Step 3
1.1.3 Mbali, a sales consultant, should … in order to improve her next presentation.
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Answer
The answer is A maintain good relationships with the audience, which is essential for a successful presentation.
Step 4
1.1.4 Team dynamic theories enable businesses to …
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Answer
The answer is A allocate tasks according to the roles of team members, promoting effective teamwork.
Step 5
1.1.5 Grey Manufacturing encourages employees to recycle waste material. This refers to … as an element of triple bottom line.
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Answer
The answer is C planet, which emphasizes environmental sustainability.
Step 6
1.2.1 The … is responsible for the administration of tasks and programmes to reach set targets.
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Answer
The answer is manager.
Step 7
1.2.2 Calculation of … interest is based only on the original amount invested.
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Answer
The answer is simple.
Step 8
1.2.3 Team members take part in decision-making to achieve their goals. This refers to … as a criterion for successful team performance.
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Answer
The answer is collaboration.
Step 9
1.2.4 Jacob deals with a/an … as a difficult personality by interpreting the situation and moving to the problem-solving phase.
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Answer
The answer is complainer.
Step 10
1.2.5 The CEO of Moodley Accountants considers various alternatives before choosing the one best. This is known as …
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Answer
The answer is decision-making.
Step 11
1.3.1 Partnership
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Answer
The answer is H obligation of businesses to declare all income received.
Step 12
1.3.2 Founders' shares
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Answer
The answer is G enables businesses to have a competitive advantage as they render better services.
Step 13
1.3.3 Social responsibility
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Answer
The answer is C shareholders receive dividends only if a profit is made.
Step 14
1.3.4 Abuse of work time
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Answer
The answer is E employees make personal calls during working hours.
Step 15
1.3.5 Diversity
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Answer
The answer is B enables businesses to recognise the needs of only one particular group of customers.
