New Venture Creation NCV Level 3 — Memo

February 2020 — NCV Level 3 — New Venture Creation

NCV Level 3 2020 NCV Business
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📄 10 pages 📝 44 items found 📚 3 topics
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Questions — A Preview of What to Expect in the Document

44
This section provides a quick preview of questions from the document. It may not display every question or the complete wording of each one. For the full content, including diagrams, tables and other information, view the original PDF above.
1.1.5(5\
1.2.1False
1.2.2False
1.2.3True
1.2.4True
1.2.5True (5\
1.3.10
1.4.1Stakeholders
1.4.2Business operating system
1.4.3Recruitment
1.4.4Senior person
1.4.5
1.5.1Community
1.5.2Sales
1.5.3Disciplinary procedures
1.5.4Savings
1.5.530
Q2— Section header —
2.1Checking the data base of the business Post ing information on social media By word of mouth It is mentioned in the case study that they found a suitable location to lease. (3\
2.3NAME OF EMPLOYEE: ___________________________ JOB TITLE: _________________________ Skills needed for job Training needed By when Correct information Correct information Date given Correct information
2.4= arrows flowing in the correct positiondirection Washing and ironing is done daily. Kitchen is tidy and clean. Provide a healthy meal to the residen daily. (Any 2 1\
2.5.2Get the reliable suppliers to deliver on time. HR also need to induct new people ;, give them contracts Business need to do a skills audit ., tT rain new staff members
Q3— Section header —
3.1INTERNAL STAKEHOLDERS EXTERNAL STAKEHOLDERS People inside the bu siness with a persona interest. They also have influence on others in the business. They are involved in the
3.2Managers Employees Customers Receptionist Drivers It is mentioned in the case study that th ey found a suitable location to lease
3.5MAIN FUNCTION SUPPORT FUNCTION Care givers to assist and take care of them can deliver food from the suppliers to the Safe House transport staff to workshops
Q4— Section header —
4.1Insurance for damage to machinery and equipment Insurance for damage to stock of finished goods, material ad ministrative material
4.2This will result in the following: Force the customer to leave Bisiwe business and switch to the competitors and the business will lose future income Reinforce the customer's loyalty to the business It is therefore important for stakeholders to work together in good spirit
4.3.1A written agreement between the employer and an employee at the time the employee is hired (2\
4.3.2The full names and surname of the employee The name and occupation of the work of the employee The place of work The ordinary hours and normal days of work The term of employment The rate of payment for overtime
Q4— Section header —
Q4— Section header —
4.5[30]30
Q5— Section header —
5.1Using tellers located inside the bank by visiting a branch of your choice Using ATMs Using internet Using cell phones
5.2Tasks to be done Who is responsible Time frame Task mentioned Name of person responsible Indicated Task mentioned Name of person
5.3.1Skills Development Levy (SDL\
5.3.2Occupational Injuries and iseases (OID\
5.3.3Labour Relations Act
5.3.4Employment Equity Act (4 (4\
5.4Objective to keep (6\ Receptionist (Front line Finance Departmen House eeping To keep the
5.51 mark for the blocks 1 mark for the arrows in the correct directions (7\
5.6To be able to work togeth er in order to grow personally To increase productivity and sales [30] TOTAL SECTION B: GRAND TOTAL: Chief Financial Officer30

Topics Identified

3
Business EnvironmentsBusiness FunctionsLeadership

Mark Allocation

Sections30 + 30 + 30 + 30 + 30 = 150 marks

Paper information

TitleMemo
SubjectNew Venture Creation
LevelNCV Level 3
Document typeNCV Business
Year2020
MonthFebruary
Pages10
Downloads4

Examination context

Decade2020s
Years ago6y
SeasonSummer (SH)
Start daySaturday
Exam periodFebruary 2020
Days since exam2,443

About New Venture Creation examination preparation

This TVET examination resource can be used as part of a structured revision programme. Past papers are most useful when learners attempt questions independently, work within a realistic time limit, and review their answers afterwards.

How to use this resource for revision

A TVET past examination paper is most useful when it is treated as an active revision exercise. Try the questions yourself before checking the corresponding memorandum. Where you make an error, identify the reason — was it a knowledge gap, a calculation mistake, an interpretation issue, or an examination technique problem?

For stronger examination practice, complete the paper without unnecessary interruptions and keep track of the questions that take the most time. Afterwards, review the memorandum and separate knowledge gaps from mistakes caused by interpretation, calculation, structure, or examination technique.

understanding question requirements
applying subject knowledge
working under time constraints
checking answers
identifying revision priorities

A practical revision approach

Start by completing the resource without looking at the memorandum. Review incorrect and incomplete answers afterwards and make a short revision list based on the areas that caused difficulty.

File details

File size243.9 KB
Pages10
Archived on8 September 2026
File age45d
ContributorFreeMode
Fingerprint3F650F2E55AB

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