Question
1.1.1 A statement that explains the reason for the existence of the business. A Vision B Mission C Goal D Objective 1.1.2 Cool Cat Ltd manufactures school clothes. The business operates in the ... sector. A primary B secondary C tertiary D public 1.1.3 Tshepo must maintain the machinery to avoid breakages. He is therefore part of the ... functior A human resources B public relations C purchasing D production 1.1.4 Bonny sells false matric certificates and drivers' licences to desperate people. This is an exam A bootlegging. B money laundering. C counterfeiting. D pyramid scheme. 1.1.5 A method to indicate quality in agriculture products is ...
Ask by Adkins Lowe. in South Africa
Mar 12,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
1.1.1
The reason for the business's existence is the mission.
**Answer:** B Mission
1.1.2
Cool Cat Ltd is in the secondary sector because it manufactures school clothes.
**Answer:** B Secondary
1.1.3
Tshepo is part of the production function by maintaining machinery.
**Answer:** D Production
1.1.4
Bonny's actions are an example of counterfeiting.
**Answer:** C Counterfeiting
1.1.5
Quality in agricultural products is indicated by grading.
**Answer:** Grading
Solution
1.1.1
The statement that explains the reason for the existence of the business is the mission. The mission statement defines the purpose of the company.
**Answer:** \( \textbf{B Mission} \)
1.1.2
Cool Cat Ltd manufactures school clothes. Manufacturing is part of the secondary sector, which involves the transformation of raw materials into finished products.
**Answer:** \( \textbf{B Secondary} \)
1.1.3
Maintenance of machinery is part of the production process. Consequently, Tshepo is involved in the production function.
**Answer:** \( \textbf{D Production} \)
1.1.4
Selling false matric certificates and driver’s licences involves the production and distribution of forged documents. This activity is known as counterfeiting.
**Answer:** \( \textbf{C Counterfeiting} \)
1.1.5
A common method to indicate quality in agricultural products is the process of grading. Grading helps classify products based on quality standards.
**Answer:** Grading
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The concept of a mission statement has evolved significantly over time, and it serves as a guiding star for businesses. It encapsulates the core purpose of the company and provides direction by clarifying what the business strives to achieve. This can inspire employees and reassure customers about the company's commitment to its values. In the realm of school clothing manufacturing, Cool Cat Ltd operates in the secondary sector, which focuses on transforming raw materials into finished goods. This sector plays a crucial role in the economy by adding value through production processes, which not only creates jobs but also supports innovation in product design and quality.
