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Q1— Section header —
1.1List FOUR companies which e part of the projects of the Industrial Development Corporation (IDC\
1.2Name FOUR special sc hemes offered by the IDC (4\
1.3Name TWO non ferrous metals that South Africa exports to other countries. (2\ [10]10
Q2— Section header —
2.1Complete the paragr aph below by choosing a word or words from the list below. Write only the word or words ne
2.1.12\the ANSWER BOOK. limited; Pty Ltd , 80; JSE; NGO; stocks; shares; public company; more; 50; placing; private company; shareholders; limited; products
2.1.1compromises seven or (2.1.2 and turns to the public for the (2.1.3
2.2Briefly ex plain each of the following types of leaders:
2.2.1Autocratic
2.2.2Democratic
2.2.3Laissez faire (3
2.3Discuss the role of the supervisor in each of the following stages:
2.3.1Analysis
2.3.2Evaluation (2
2.4Industrial plant housekeeping means everything in its place at all times. Define FIVE good housekeeping advantages. (5\ [30] 411003330
Q3— Section header —
3.1Discuss the meaning and importance of labour edu cation in South Africa , a country that faces many challenges in this field (5\
3.2Policies formulated by top level management serve as a foundation for company and restrict the decisions made by manager
3.3ont rol must not be over emphasised as this puts unnecessary pressure on the workers, whic h will lead to misunderstanding and even high turnover of
Q4— Section header —
4.1List EIGHT important habits a supervisor should have to develop himse lf/herself. (8\
4.2Choose SIX factors from the list below that describe the weaknesses in the industrial bureaucrati c system. Write the fact ors in point form in the ANSWER BOOK.
4.3Define each of the following terms regarding a business
4.3.1Supp ly
4.3.2Demand
Q5— Section header —
5.1.1An e conom ic cycle is useful in describing the main relationships between economic aggregates.
5.1.2An e conomic cycle shows the flow within the economy.
5.1.3The d emanding price is the price the seller is prepared to ask for a product or service which at the same time the buyer is prepared to pay for that product.
5.1.4Food, water, rest and warmth are examples of self fulfilment needs as outlined in the hierarchy of needs.
5.1.5The n egotiated price is the price the seller is prepared to ask fo r a product or service which at the same time the buyer is not prepared to pay for that product.
5.1.6An e conomic system is the way in which the state chooses to apply its satisfy the need s of its inhabitants.
5.1.7Free goods are limited in quantity and are freely available.
5.1.8All humans have needs or wants that are satisfied through economic activities
5.1.9Utility is the ability of economic goods and services to sati sfy human needs.
5.1.10Communism, capitalism and market price are three major economic systems.
5.1.11Economic goods are limited in quantity and are very scarce.
5.1.12
5.2A clerk who has bee n hired to fill a vacancy has a limited kno wledge of the new company but is willing