Q1 MCQ Drill: 2024 Business Studies P1 (2024 NSC May/June Supplementary Examination)

Business Studies Past Paper Question 1 Drill Level 1: Knowledge & Recall

8:00

5 multiple-choice questions taken verbatim from Section A of the official 2024 NSC May/June Supplementary Examination Business Studies Paper 1, auto-marked against the official marking guideline. Questions that rely on diagrams or graphs are excluded - see the full paper for those.

Question 1 of 5 2 Marks

This Act requires businesses to report all employee accidents and illnesses that occur during working hours:

A. Skills Development Act (SDA), 1998 (Act 97 of 1998)

B. Consumer Protection Act (CPA), 2008 (Act 68 of 2008)

C. Broad-Based Black Economic Empowerment Act (BBBEE), 2003 (Act 53 of 2003)

D. Compensation for Occupational Injuries and Diseases Amendment Act (COIDA), 1997 (Act 61 of 1997)

Question 2 of 5 2 Marks

The National Credit Act (NCA), 2005 (Act 34 of 2005) enforces customersʹ right to … when they can no longer afford to repay their loans.

A. disclosure and information

B. fair and honest dealings

C. apply for debt counselling

D. reasonable terms and conditions

Question 3 of 5 2 Marks

Carpet Manufacturers sell their existing products in new markets. This type of intensive strategy is known as …

A. product development.

B. market development.

C. market penetration.

D. product penetration.

Question 4 of 5 2 Marks

The role of the interviewer is to … during an interview.

A. book and prepare the venue

B. develop a core set of questions

C. allocate the same amount of time to each candidate

D. assist candidates in responding to questions

Question 5 of 5 2 Marks

Adequate financing and capacity as a total quality management (TQM) element enables Mvandaba Ltd to …

A. have sufficient funds to test everything before implementing.

B. collect large amounts of outstanding debt.

C. obtain large profits due to good financial planning.

D. change parts of the business that are inefficient.

Q1 MCQ Drill: 2024 Business Studies P1 (2024 NSC May/June Supplementary Examination)

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