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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
Question 6
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
Step 2
Outline THREE actions that could be regarded as discriminatory, with reference to the Act identified in QUESTION 6.1.1.
Answer
- Employers who bribe or prevent employees from reporting workplace injuries contravene the Act.
- Employers who provide misleading information about the compensation fund or other safety measures engage in discriminatory practices.
- Employers who selectively deny claims for injuries suffered by employees, based on irrelevant criteria, are in violation of the Act.
Step 3
Describe the strategic management process.
Answer
The strategic management process involves several key steps:
- Establish a clear mission statement and set measurable objectives in alignment with the overall vision.
- Conduct an environmental analysis using tools like SWOT or PESTLE to identify opportunities and threats.
- Formulate strategies based on the analysis, addressing identified challenges and leveraging strengths.
- Implement the strategies with a systematic approach, ensuring that all stakeholders are involved and informed.
- Monitor and evaluate the effectiveness of the strategies, adjusting plans as necessary to meet objectives.