Entrepreneurship (Grade 10 NSC Matric Economics): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
% of formal sector workers employed by SMMEs in SA
% of formal sector workers employed by SMMEs in SA
More than half
Type of support Ntsika provides to small businesses
Type of support Ntsika provides to small businesses
Non-financial support
Type of support Khula Enterprise Finance provides
Type of support Khula Enterprise Finance provides
Financial backing (loans, grants, guarantees, equity)
NAMAC's full name
NAMAC's full name
National Manufacturing Advisory Centre
TWIB's main focus
TWIB's main focus
Encouraging women to use technology in business
Main purpose of BEE in South Africa
Main purpose of BEE in South Africa
Transform economy to reflect country's demographics
BBBEE Act number and year
BBBEE Act number and year
Act No 53 of 2003
Four key focus areas of BBBEE scorecard
Four key focus areas of BBBEE scorecard
Ownership, management, employment equity, skills development
How private sector benefits from more entrepreneurs
How private sector benefits from more entrepreneurs
More jobs = more employed consumers with money to spend
SA's entrepreneur levels vs other developing countries
SA's entrepreneur levels vs other developing countries
SA has fewer entrepreneurs per capita