Entrepreneurship (Grade 10 NSC Matric Economics): Quizzes

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Entrepreneurship
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What proportion of formal sector workers do SMMEs employ in South Africa?

More than half

What type of support does Ntsika Enterprise Promotion Agency provide to small businesses?

Non-financial support

Which organisation provides financial backing such as loans and grants to SMMEs?

Khula Enterprise Finance

What does NAMAC help manufacturing SMMEs improve?

Product quality and productivity

What is the main focus of Technology Women in Business (TWIB)?

Encouraging women to use tech in business

How does SA's number of entrepreneurs compare to other developing countries?

Fewer entrepreneurs per capita

How does entrepreneurship benefit the private sector?

More employed people become consumers

What is the main purpose of Black Economic Empowerment (BEE)?

Address apartheid's economic inequalities

What BBBEE level is considered the best on the scorecard system?

Level 1

How many main focus areas does the BBBEE scorecard evaluate?

Four

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