2.1 Name any TWO provisions of leave as stipulated in the Basic Conditions of Employment Act (BCEA), 1997 (Act 75 of 1997) - NSC Business Studies - Question 2 - 2021 - Paper 1

Employees have the right to:

1. Fair treatment in the workplace, which includes the right to join a trade union.
2. Participate in collective bargaining processes.

2.3.1 Employees are unable to operate the modern machinery that has been purchased recently.

• Technological: Inadequate training on new machinery may hinder productivity.

2.3.2 Management received a fine for dumping their waste material in the river.

• Environmental: Local regulations on waste disposal need to be adhered to, and failure can result in fines.

2.3.3 Berry Farm can no longer export their products due to the unfavourable exchange rate.

• Economic: Fluctuations in currency exchange rates can adversely affect export revenues.

The purpose of COIDA is to provide compensation for employees who are injured or contract a disease during the course of their employment. This legislation ensures that workers receive necessary medical treatment and financial support during their recovery, minimizing the impact of workplace injuries on their livelihoods.

1. A fine imposed by the National Credit Regulator (NCR) for reckless granting of credit.
2. Responsibility to bear all costs related to the removal of the names of blacklisted clients from the credit bureau.

The National Credit Act promotes transparency in credit practices, ensuring both lenders and borrowers understand their responsibilities. This leads to more informed decisions and potentially lower default rates. Additionally, it protects businesses against non-paying consumers, facilitating a more stable financial environment.

1. Retrenchment: This involves terminating employment contracts, which could result in cost reductions but may affect morale and operational capacity.

2. Liquidation: Businesses facing financial difficulties can apply for business rescue to prevent liquidation, providing a chance to restructure and avoid total closure.

1. Disclose prices of all products clearly, ensuring transparency for consumers.
2. Provide adequate training to staff regarding consumer rights and the requirements of the CPA to enhance compliance and customer satisfaction.