This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:
A - NSC Business Studies - Question 1 - 2019 - Paper 1
Question 1
This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:
A. Consumer Protection (CPA)... show full transcript
Worked Solution & Example Answer:This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:
A - NSC Business Studies - Question 1 - 2019 - Paper 1
Step 1
This Act ensures that a wider group of previously disadvantaged people have access to ownership and management positions in a business:
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Answer
B. Broad-Based Black Economic Empowerment Act (BBEE), 2003
Step 2
Which ONE of the following businesses can be classified under the secondary sector:
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D. Handbags Manufacturers
Step 3
The role of SETAs:
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A. Register learner programmes
Step 4
An example of a long-term insurance:
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C. Life insurance
Step 5
The value of Sipho's stock is R40 000 and he insured it for R30 000. Damage caused by fire amounted to R8 000. Sipho will receive .... as compensation.
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D. R4 000
Step 6
Benny promotes .... by employing people from diverse backgrounds in his supermarket.
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D. inclusivity
Step 7
ONE of the steps that businesses may consider when handling conflict in the workplace:
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A. Implement disciplinary procedures
Step 8
The human resources activity which ensures that the skills and competencies of newly appointed employees match the requirements of the job:
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A. Placement
Step 9
Sara Designers used .... to recruit possible candidates amongst existing employees:
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C. Notice boards
Step 10
Collin uses .... to display sales figures in columns for his presentation to management.
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C. graphs
Step 11
The unemployment insurance fund is also regarded as a .... benefit.
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B. compulsory
Step 12
Lindsay Manufacturers contributes 1% of their payroll to SARS as a .... to train employees.
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C. skills development levy
Step 13
Marble Constructions uses .... to measure specified standards with quality in their business functions.
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C. quality management
Step 14
Job .... requires applicants to have relevant qualifications and work experience.
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