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Businesses are compelled to ensure that employees work in a safe environment and that workplace injuries are reported - NSC Business Studies - Question 6 - 2016 - Paper 1

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Businesses are compelled to ensure that employees work in a safe environment and that workplace injuries are reported. 6.1.1 Identify the Act that is applicable to ... show full transcript

Worked Solution & Example Answer:Businesses are compelled to ensure that employees work in a safe environment and that workplace injuries are reported - NSC Business Studies - Question 6 - 2016 - Paper 1

Step 1

Identify the Act that is applicable to the scenario above.

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Answer

The applicable Act is the Compensation for Occupational Injuries and Diseases Act (COIDA), Act No. 130 of 1993, amended by Act No. 61 of 1997. This legislation ensures that employees are covered for injuries sustained in the workplace.

Step 2

Outline THREE actions that could be regarded as discriminatory, with reference to the Act identified in QUESTION 6.1.1.

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Answer

  1. Employers who bribe or prevent employees from reporting the accident or injury undermine the provisions of COIDA.

  2. Employers failing to contribute to the Compensation Fund actively discriminate against injured employees.

  3. Actions such as delaying the processing of claims or denying benefits owed to employees who have been injured fall under discriminatory practices as outlined by COIDA.

Step 3

Describe the strategic management process.

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Answer

The strategic management process involves several key steps:

  1. Establishing a Clear Vision and Mission: Organizations must define their long-term objectives and the fundamental purpose they serve.

  2. Conducting a Situational Analysis: This includes analyzing internal strengths and weaknesses, as well as external opportunities and threats (SWOT analysis).

  3. Developing Strategies: Formulate strategies that address the identified challenges and leverage opportunities.

  4. Implementing the Strategy: Organize necessary resources and create an action plan.

  5. Monitoring and Evaluating: Continuously assess the effectiveness of the strategy and make adjustments as necessary to meet the stated objectives.

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