Complete the following statements by using the word(s) provided in the list below. Write only the word(s) next to the question numbers (1.2.1 to 1.2.5) in the ANSWER BOOK.

Here are the completed statements using the words from the provided list:

1.2.1 Golden Technologies provided free internet service to disadvantaged communities when they applied socio-economic development as a pillar of Broad-Based Black Economic Empowerment Act (BBBEE), 2003 (Act 53 of 2003).

• Socio-economic development is a key pillar of the BBBEE framework, focusing on community upliftment.

1.2.2 Smith Bakery has skilled employees who produce high-quality goods. This is classified as a/an strength in the SWOT analysis.

• Skilled employees and high-quality products are internal positive attributes, which are considered strengths in a SWOT analysis.

1.2.3 The job specification indicates the minimum personal qualities and qualifications required for a position.

• A job specification outlines the human attributes, skills, and qualifications needed for a particular job.

1.2.4 Businesses should outline the specific expectations of the new position during the selection procedure.

• During the selection process, such as interviews, the specific expectations and responsibilities of the role are communicated to potential candidates.

1.2.5 Paint Solutions implemented debt collecting policies to monitor their cash flow as a quality indicator of the financial function.

• Debt collection and cash flow management are integral parts of a business's financial function.

$$\begin{align*} \text{1.2.1 } & \boxed{\text{socio-economic}} \\ \text{1.2.2 } & \boxed{\text{strength}} \\ \text{1.2.3 } & \boxed{\text{job specification}} \\ \text{1.2.4 } & \boxed{\text{selection}} \\ \text{1.2.5 } & \boxed{\text{financial}} \end{align*}$$