Answer questions related to business environments.
Understand the Problem
The user has uploaded an image of a business environments exam paper and is asking for assistance with answering the questions. The questions cover topics such as types of leave, strategic management, Porter's Five Forces, enterprise and supplier development, integration strategies, and compliance with the Employment Equity Act.
Answer
Question 2.3: Bargaining power of suppliers and threat of substitutes. Question 2.6.1: Racial groups are equally represented and correct procedures to prevent employees from exceeding maximum working hours.
Here are the answers to the questions related to business environments:
2.3 Porter's Five Forces Model:
- Bargaining power of suppliers: "They pay high prices as Donga Hardware is the only provider of high-quality cement."
- Threat of substitutes: "GB also experiences a decline in income as some of their customers prefer to build their own properties."
2.6.1 Compliance with the Employment Equity Act (EEA):
- "Tasty Pizzas ensure that all racial groups are equally represented at every level of employment."
- "They apply correct procedures to prevent employees from exceeding their maximum working hours."
Answer for screen readers
Here are the answers to the questions related to business environments:
2.3 Porter's Five Forces Model:
- Bargaining power of suppliers: "They pay high prices as Donga Hardware is the only provider of high-quality cement."
- Threat of substitutes: "GB also experiences a decline in income as some of their customers prefer to build their own properties."
2.6.1 Compliance with the Employment Equity Act (EEA):
- "Tasty Pizzas ensure that all racial groups are equally represented at every level of employment."
- "They apply correct procedures to prevent employees from exceeding their maximum working hours."
More Information
Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.
Tips
When answering questions related to the scenario, make sure to quote or reference specific details from the text to support your answer.
AI-generated content may contain errors. Please verify critical information
