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Impact of Legislation on Businesses

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Questions and Answers

What is the primary objective of the Skills Development Act?

To promote fair labour practices in the workplace

To regulate consumer rights in South Africa

To improve the skill levels of people already employed in the business (correct)

To establish Sector Education and Training Authorities

What is the purpose of the Skills Development Levy?

To fund the implementation of the National Skills Development Strategy

To ensure businesses contribute to the development of employee skills (correct)

To promote the rights of previously disadvantaged individuals

To regulate the activities of Sector Education and Training Authorities

What is the main goal of the Labour Relations Act?

To promote simple procedures for resolving labour disputes (correct)

To establish the National Skills Development Strategy

To promote fair labour practices in the workplace

To regulate the activities of Sector Education and Training Authorities

What is the role of Sector Education and Training Authorities (SETAs)?

To implement and monitor the implementation of the Skills Development Act Signup and view all the answers

What is the term for Previously Disadvantaged Individuals or designated groups?

PDI's Signup and view all the answers

What is the main purpose of the Employment Equity Act?

To ensure equal job opportunities for all people regardless of race, culture, language, age, religion, disability, etc. Signup and view all the answers

What is the main goal of the Broad-Based Black Economic Empowerment Act?

To promote full economic participation of previously disadvantaged individuals Signup and view all the answers

What is the purpose of the National Credit Regulator (NCR)?

To regulate the credit industry in South Africa Signup and view all the answers

What is the main goal of the Basic Conditions of Employment Act (BCEA)?

To set the minimum standard for employment in order to promote fair labour practice Signup and view all the answers

What is the purpose of the Skills Development Act?

To develop the skills of people in South Africa in order to improve productivity Signup and view all the answers