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1.1 Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2016 - 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 - 2016 - Paper 1
Step 1
1.1.1 The first step in the strategy development process is to ...
Answer
The first step in the strategy development process is to assess a business's position in a market by using industry analysis tools. This involves evaluating the current market conditions, competitors, and potential opportunities.
Step 2
1.1.2 The ability to influence others based on personal charm and inspiration is known as the ... leadership style.
Answer
The ability to influence others based on personal charm and inspiration is known as the charismatic leadership style. Charismatic leaders inspire and motivate their followers through their personality and actions.
Step 3
1.1.3 According to the Basic Conditions of Employment Act, full-time employees are entitled to ... days of paid family responsibility leave during each annual leave cycle.
Answer
According to the Basic Conditions of Employment Act, full-time employees are entitled to 3 days of paid family responsibility leave during each annual leave cycle.
Step 4
1.1.4 A problem-solving technique that does not require participants to be in the same place:
Answer
A problem-solving technique that does not require participants to be in the same place is the Delphi method. This technique utilizes anonymous surveys to gather insights from a panel of experts.
Step 5