Previous exam papers were used to compile these notes. SACAI NOV 2021, DBE/November 2022 &
DBE/November 2021, SACAI SEP 2021, NSC SEP 2022, GDE SEP 2021, EC/SEPTEMBER 2023.
Good luck: Juffrou Ansie
Content:
1. Business Environments
2. Macro – environment – Business strategies
3. Human Resource Function
Multiple choice questions
BBSEB Rating - Broad- BBSEB rating measures a business's compliance with BBSEB
Based Black Economic and a certificate is issued to the business stating their BBSEB
Empowerment Act rating. BBSEB scorecards measure a business'
compliance/adherence to BBSEB and a certificate is issued
to the business stating their BBSEB rating
Curriculum Vitae (CV) Curriculum Vitae (CV), skills, previous occupations and
special personality traits of an individual used when
applying for a job
National Credit National Credit Regulator (NCR) the regulatory body that
Regulator (NCR) applies the NCA, educates consumers about their rights,
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ensures compliance with the NCA and monitors and
administers the credit industry
National Credit Act This Act prevents credit being recklessly granted to
(NCA) consumers.
NPC - National NVC the primary regulator of consumer-business
Consumer Commission interactions in South Africa and was established to promote
and ensure the economic welfare of consumers
WVB - The Consumer The WVB obliges both businesses and consumers to act
Protection Act responsibly when carrying out business activities.
Labour Relations Act The LRA is an enabling framework that regulates the
(LAA) relationship between employees and employers and
promotes good relations between trade unions and
employers' organisations.
Skills Development Act The Skills Development Act (No. 97 of 1998), WVO was
COIDA introduced to develop the skills of people in South Africa.
Employment Equity Act The EEA creates an enabling framework of acceptable
(EQA) employment practices and was primarily
promulgated/enacted to promote affirmative action.
The Basic Conditions of The WBDV sets out the minimum conditions that ensure fair
Employment Act labour practices and human resource practices in the
(BACE) workplace.
PESTLE analysis PESTLE analysis: a business analysis tool used to identify and
evaluate the factors in the external environment (macro
environment) that can affect the business.
Sectoral Education and SETAs is a vocational skills training organization in South
Training Authorities Africa that identifies/describes/manages and creates
(SETAs) traineeships, internships and apprenticeships within their
jurisdiction
Porter's Five Forces Porter's Five Forces model based on the rationale that five
model forces determine/influence the competitive
strength/position of the business within the market/industry.
Business Environments
The business environments and the degree of control businesses have over EACH of the
environments. @IMPAQ JUN 2021 & JUN NSC/DBE 2022
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SCENARIO JUN NSC/DBE 2023
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@Juffrou_Ansie