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Read the scenario below and answer the question that follows - NSC Business Studies - Question 4 - 2022 - Paper 1
Question 4
Read the scenario below and answer the question that follows. Zako Wholesalers recently appointed Zandile as their chief operating officer (COO). They requested Man... show full transcript
Worked Solution & Example Answer:Read the scenario below and answer the question that follows - NSC Business Studies - Question 4 - 2022 - Paper 1
Step 1
Identify TWO pillars of the Broad-Based Black Economic Empowerment Act (BBBEE)
Answer
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Enterprise Development: Zako Wholesalers are engaging with Mandla Electricians for maintenance services, which indicates an effort to support black-owned businesses in their operational functions. This aligns with the enterprise development pillar of BBBEE, which encourages businesses to promote black entrepreneurs and contribute to their growth.
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Skills Development: By hiring Mandla Electricians, Zako Wholesalers may also be investing in enhancing the skills of their staff by ensuring they understand electrical maintenance. This demonstrates the skills development pillar, which focuses on improving the skills of black employees to enhance their employability and career growth.