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Questions and Answers
What is the main purpose of the Johannesburg Securities Exchange (JSE)?
What distinguishes ordinary shares, preference shares, bonus shares, and founders' shares from each other?
What is the main function of unit trusts in the realm of investments?
How do direct business investments through purchasing shares differ from unit trusts?
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In the context of securities investments, what role do bonus shares play?
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Why is it important for individuals and businesses to understand different investment opportunities like venture capital?
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What is the main purpose of insurance in business?
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Which insurance type compensates individuals injured in road accidents?
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What does the 'Average Clause' help determine in insurance claims?
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What principle ensures that the insured is compensated for the loss suffered, no more and no less?
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Which insurance type covers legal and court costs in defending claims of bodily harm from defective products?
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What role does the 'Reinstatement Value' play in insurance?
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'Compulsory Insurance' is mandated by law to provide what level of protection?
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'Non-Compulsory (Voluntary) Insurance' is important for businesses because it:
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What is the significance of 'Insurable Interest' in insurance?
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In cases of over-insurance, what option may the insurer choose regarding damaged property?
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What distinguishes compound interest from simple interest?
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Which investment option is characterized as a low-risk savings choice with slightly higher returns than a regular savings account?
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What is the primary factor influencing the risk associated with investment opportunities?
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In what way do mutual funds and Stokvels differ from managed portfolios in terms of risk management?
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What is the primary reason for the high risk associated with venture capital investments?
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Which type of investment offers low-risk opportunities aimed at building wealth over time?
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What guides the choice of investment according to the text?
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'Government Retail Bonds' are suitable for investors primarily looking to ___.
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'Debentures' are described as being issued by companies and considered ___.
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What is the main difference between problem-solving and decision-making?
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Which technique involves iterative rounds of questionnaires to reach a consensus?
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What is the essence of fostering creative thinking in the workplace?
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How can businesses create a conducive environment for creativity?
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Which step in the problem-solving process involves brainstorming possible solutions?
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What does Force Field Analysis examine to evaluate the viability of a change initiative?
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Why is providing resources and dedicated time important in fostering creative thinking?
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What is the primary difference between ethical behavior and professional behavior in business?
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Which of the following would be considered an example of professional behavior in business?
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What is a key aspect of fostering ethical and professional environments in organizations?
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How can unethical business practices impact a company's reputation?
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What role do ethics committees play in maintaining ethical and professional standards within an organization?
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Why is transparency in operations considered an example of ethical behavior in business?
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How do professional behaviors differ from unprofessional practices in a business setting?
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Why is adherence to industry-specific codes of conduct considered an example of professional behavior?
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What is the significance of leadership by example in promoting ethical and professional behavior within an organization?
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How can unethical business practices impact stakeholder relationships?
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What is essential for effective team performance according to the text?
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Which approach could help in managing conflicts within a team?
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What is a characteristic of successful teams as mentioned in the text?
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Which personality type poses challenges in a team setting according to the text?
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How can conflict be addressed effectively within a team based on the text?
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What is the purpose of self-assessment and team performance assessment as described in the text?
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Why is conflict management considered crucial in a team environment?
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Which method can be employed to handle grievances effectively in an organization?
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What action can help in dealing with difficult personalities in a team setting?
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What is the primary function of the Johannesburg Securities Exchange (JSE)?
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What distinguishes preference shares from ordinary shares in business investments?
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What role do unit trusts play in the realm of investments?
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In what way do bonus shares differ from founders' shares in business investments?
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How do mutual funds differ from venture capital in terms of investment opportunities?
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What distinguishes managed portfolios from unit trusts in terms of investment management?
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What distinguishes ethical behavior from professional behavior in a business context?
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How can businesses promote ethical and professional conduct among employees according to the text?
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What is the primary function of codes of conduct in fostering ethical and professional environments within organizations?
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Why is transparency considered an example of ethical behavior in business practices?
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How does professionalism differ from unprofessionalism in a business setting?
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How can organizations address challenges in maintaining ethical and professional standards?
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Why is honesty in advertising crucial for businesses practicing ethical behavior?
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What role does respect play in fostering a professional environment within a business?
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'Continuous professional development' entails which of the following actions?
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'Negligence in fulfilling job responsibilities' is considered an example of which kind of conduct?
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What is the primary purpose of government retail bonds?
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What distinguishes compound interest from simple interest?
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What is the key factor that determines the relationship between risk and return in investments?
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What makes debentures attractive as investment options?
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Why are endowments and retirement annuities considered long-term investment options?
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In what way do mutual funds differ from managed portfolios?
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What is essential when choosing an investment opportunity that aligns with one's financial goals?
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Why should understanding economic indicators be a part of making informed investment decisions?
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How do 32-Day Notice Accounts compare to regular savings accounts?
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What is the significance of understanding the risk and return relationship in investment decisions?
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What distinguishes problem-solving from decision-making?
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Which problem-solving step involves assessing the feasibility and potential impact of each solution?
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Which technique combines individual idea generation with collective decision-making to solve problems?
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What is the essence of fostering creative thinking in the workplace?
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Which factor is crucial for adapting to change, enhancing productivity, and maintaining a competitive edge?
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How can businesses create a conducive environment for creativity?
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What is the primary function of insurance in business?
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What principle ensures that the insured is compensated for the loss suffered, no more and no less?
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Why is 'Utmost Good Faith' important in insurance policies?
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What type of insurance compensates individuals injured in road accidents?
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In insurance, what does 'Reinstatement Value' refer to?
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Why is 'Insurable Interest' crucial in insurance?
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What is the main purpose of 'Average Clause' in insurance claims?
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Why is 'Compulsory Insurance' mandated by law for businesses and individuals?
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'Liability Insurance' primarily protects against claims resulting from:
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'Over-insurance' occurs when:
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What is a key element for successful team performance according to the text?
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Which technique is recommended in conflict management for resolving issues?
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How can teams effectively handle grievances based on the information provided?
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Which type of personality could potentially disrupt team cohesion according to the content?
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What is a characteristic of successful teams as outlined in the provided material?
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Why is conflict management essential in a team setting based on the information given?
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Which approach is recommended for dealing with difficult personalities in a team based on the text?
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Why is self-assessment important in team performance assessment according to the content?
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What role does openness play in successful team performance as mentioned in the text?
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How does conflict arise in a team setting according to the provided information?
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What is the primary purpose of the Johannesburg Securities Exchange (JSE)?
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Which type of shares offers different rights and returns compared to ordinary shares in business investments?
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What distinguishes unit trusts from direct investments in businesses through purchasing shares?
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In the realm of securities investments, what role do bonus shares typically play?
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Which investment opportunity provides a way for businesses to raise capital and allows investors to own a share of those businesses?
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What role does insurance play in ensuring business sustainability?
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In insurance, what does 'Indemnity' principle aim to achieve?
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What is the legal or financial requirement that an insured must have in an insurance policy?
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What distinguishes over-insurance from under-insurance in insurance coverage?
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What is the purpose of 'Average Clause' in insurance claims?
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Which type of insurance is designed to compensate individuals for injuries and medical expenses in road accidents?
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What important ethical and legal expectation do both parties in an insurance contract need to adhere to?
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Why are non-compulsory insurance policies crucial for businesses?
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'Liability Insurance' primarily protects businesses against claims resulting from which scenarios?
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What kind of insurance compensates employees who are injured through their employment?
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Which process involves identifying, analyzing, and resolving problems through a structured sequence of steps?
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What distinguishes problem-solving from decision-making?
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Which technique combines individual idea generation with collective decision-making to solve problems?
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What is the primary purpose of the Delphi Technique?
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Which step in the problem-solving process involves assessing the feasibility and impact of potential solutions?
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What distinguishes Brainstorming as a problem-solving technique?
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In problem-solving, what is the significance of implementing the chosen solution effectively?
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Which technique examines driving and restraining forces to evaluate change initiatives?
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What is a distinguishing feature of the Force Field Analysis technique?
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How does the Delphi Technique differ from Brainstorming?
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What distinguishes compound interest from simple interest?
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Which investment option is characterized by providing diversified investment managed by professionals to lower risk?
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What is the primary purpose of debentures as investment options?
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Which factor should individuals consider to align their investment choices with their financial goals?
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How do government retail bonds and stocks differ in terms of returns and risk?
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Why are endowments and retirement annuities considered low-risk investment options?
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What is the fundamental principle underlying most investment decisions?
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Why are mutual funds and stokvels susceptible to risks according to the text?
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What factor plays a crucial role in making informed investment decisions according to the text?
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What is the main distinction between managed portfolios and 32-Day Notice Accounts?
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What distinguishes ethical behavior from professional behavior in a business context?
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How do organizations foster ethical and professional environments according to the text?
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What is the primary purpose of codes of conduct in a business setting?
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Which factor influences the conduct of professional behavior in a given field?
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Why is transparency essential in business operations?
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What contributes to professionalism in business beyond ethical behavior?
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How can unethical business practices impact an organization's reputation?
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What can organizations do to address challenges in maintaining ethical standards?
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What is a key characteristic of successful teams as discussed in the text?
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Why is conflict management crucial in maintaining a productive team environment?
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What is the primary purpose of self-assessment in team performance evaluation?
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Which approach is recommended for dealing with difficult personalities in a team setting?
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How can conflict resolution strategies contribute to effective teamwork?
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What role does continuous evaluation play in fostering creativity within an organization?
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Why is trust considered a vital element for successful team performance?
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What differentiates successful teams from unsuccessful ones based on the text?
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What is the primary purpose of the Johannesburg Securities Exchange (JSE)?
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What distinguishes unit trusts as investment options?
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Which type of shares offers different rights and returns to investors?
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Why do businesses invest in securities like stocks and bonds?
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What is the main purpose of direct investments in businesses through share purchases?
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How do business ventures benefit from securities like stocks and bonds?
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What distinguishes compound interest from simple interest in investment?
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What factor plays a crucial role in determining the viability of investment opportunities?
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Which investment option provides slightly higher returns than a regular savings account but has less liquidity?
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What principle is fundamental in the relationship between risk and return in investments?
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Why are government retail bonds suitable for individual investors preserving capital?
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Which type of investment involves investing in startups or expanding businesses with high risk and high potential returns?
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What should an investor consider when choosing between government bonds and stocks?
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'Endowments/Retirement Annuities' aim at building wealth over time by providing what kind of return?
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'Managed Portfolios' are known for what characteristic that contributes to lowering investment risks?
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What should investors primarily focus on when considering mutual funds/Stokvels as investment options?
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What is the critical role of insurance in business sustainability?
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What does the principle of 'Indemnity' ensure?
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What is the purpose of the 'Average Clause' in insurance policies?
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Why is 'Utmost Good Faith (Uberrima Fides)' important in insurance policies?
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What differentiates compulsory insurance from non-compulsory insurance?
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How does 'Over-insurance' differ from 'Under-insurance'?
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What does 'Insurable Interest' require of the insured?
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'Reinstatement Value' in insurance policies refers to:
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'Liability Insurance' primarily protects against claims related to:
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What is one of the key principles guiding insurance policies?
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What is the core difference between ethical behavior and professional behavior in a business context?
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In the context of unethical business practices, what does 'Misleading advertising or product misrepresentation' exemplify?
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What strategy can organizations use to promote ethical and professional environments by setting clear guidelines?
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What contributes to professionalism in business beyond ethical and professional standards?
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Which aspect is crucial for maintaining trust with stakeholders in a business environment?
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What differentiates unethical business practices from professional behavior?
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Which measure can help address challenges related to maintaining ethical and professional standards in dynamic markets?
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Why should businesses involve stakeholders in discussions about ethical practices and corporate responsibility?
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What can organizations implement to foster transparency in operations and decision-making?
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How can businesses uphold fair treatment of employees and safe working conditions?
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What is the primary difference between problem-solving and decision-making?
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Which problem-solving step involves reviewing the solution's effectiveness and making necessary adjustments?
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Which problem-solving technique utilizes a panel's expertise through iterative questionnaires to reach a consensus?
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What is the essence of creative thinking in the workplace?
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Which factor is crucial for fostering creative thinking in the workplace?
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In problem-solving, what does the 'Evaluate Alternatives' step entail?
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What technique examines driving and restraining forces to evaluate the viability of a change initiative?
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What is a key characteristic of successful teams according to the text?
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What is an essential aspect of conflict management in a team environment based on the information provided?
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How can organizations promote creativity effectively based on the text?
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Which of the following is a recommended method for handling grievances in the workplace?
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What is a common challenge in dealing with difficult personalities within a team setting?
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Why is self-assessment important for team performance according to the text?
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What is a critical factor in effective team performance based on the information provided?
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Why is mastering creative thinking essential for businesses in dynamic environments?
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What does ensuring open communication and trust contribute to in successful teams?
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What should organizations do regularly to adapt to evolving business landscapes?
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What is a critical aspect of maintaining trust within a team environment?
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Why is self-assessment important in identifying roles within a team?
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What is a common characteristic of difficult personalities within a team setting?
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Which model is commonly used for conflict management in a team environment?
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What is an essential characteristic of successful teams according to the text?
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How can conflict be beneficial in a team setting?
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