Various options are provided as possible answers to the following questions - NSC Business Studies - Question 1 - 2019 - Paper 1
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 - 2019 - Paper 1
Step 1
1.1.1 The aim of this Act is to protect consumers against unfair reckless lending by businesses:
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C. National Credit Act (NCA), 2005 (Act 34 of 2005)
Step 2
1.1.2 Teddy Car Manufacturers implemented the ... integration strategy when they bought Tail Motors Spares.
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C. forward
Step 3
1.1.3 ABC Paints operate in the ... sector as they specialise in the manufacturing of paint.
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C. tertiary
Step 4
1.1.4 William, the manager of Eden Supermarket, applies the ... leadership style when delegating tasks to subordinates.
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C. laissez-faire/free-reign
Step 5
1.1.5 The ... company provides essential services such as water and electricity at reasonable prices.
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B. state-owned
Step 6
1.1.6 An example of a non-verbal presentation is information in the form of/a/an...
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C. video conferencing.
Step 7
1.1.7 This problem-solving technique requires each employee to first generate his/her own ideas and then share them with members:
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A. Brainstorming
Step 8
1.1.8 Goal LDC contributes towards the well-being of their employees by ...
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A. giving them the right to freedom of association.
Step 9
1.1.9 The ... function ensures reliable capturing and storing of data/information.
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B. human resource
Step 10
1.1.10 The process of matching a new employee's skills and abilities with the requirements of a job is known as ...
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C. recruitment.
Step 11
1.2.1 Ricky received ... his normal rate of pay for working on a public holiday.
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double
Step 12
1.2.2 Thandeka earned ... calculated on the principal amount and accumulated interest.
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compound interest
Step 13
1.2.3 The responsibility of ... is to provide all the necessary equipment for workers to perform their duties in a favourable work environment.
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employer
Step 14
1.2.4 The quality of goods/services to meet the specific needs of customers/clients, is known as ...
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quality
Step 15
1.2.5 Candidates' applications are checked against the requirements of the job during the ... process.
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screening
Step 16
1.3.1 National Skills Development Strategy
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F. provides career guidance and training centres
Step 17
1.3.2 Insurable risk
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C. businesses may be insured against losses from changes in fashion and shoplifting
Step 18
1.3.3 Ethical behaviour
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A. applying the code of conduct of a profession
Step 19
1.3.4 Decision-making
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G. a senior manager considers all alternatives before choosing the best solution
Step 20
1.3.5 Piecemeal
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D. workers are paid according to the number of hours spent on a