Business Studies P1

Describe how SETAs are funded. (4)

Answer explanation

SETAs are funded through levies collected from employers, government grants, and other sources such as interest earned on investments.

Discuss the positive impact of the Employment Equity Act (EEA), 1998 (Act 55 of 1998) on businesses. (6)

Quote TWO steps in strategy evaluation implemented by JE from the scenario above. (2)

Explain other steps in strategy evaluation. (6)

Advise businesses on how they could apply the following forces of the Porter's Five Forces model to analyse their position in the market environment: Power of suppliers (4)

Advise businesses on how they could apply the following forces of the Porter's Five Forces model to analyse their position in the market environment: Power of competitors/Competitive rivalry (4)

Name any TWO sources of external recruitment. (2)

Outline the placement procedure as a human resources activity. (4)

Quote TWO steps of the selection procedure from the scenario above. (2)

Explain other steps in the selection procedure. (6)