Sign in Sign up

<img loading="lazy" width="470" height="110" src="https://fundaflix.net/wp-content/uploads/2021/11/cropped-cropped-FundaFlix-Logo-4.png" class="bb-mobile-logo" alt="Fundaflix logo - Grade 8-12 students accessing affordable online high school support and exam prep with Fundaflix" decoding="async" />

Search for:

<img loading="lazy" width="470" height="110" src="https://fundaflix.net/wp-content/uploads/2021/11/cropped-cropped-FundaFlix-Logo-4.png" class="bb-mobile-logo" alt="Fundaflix logo - Grade 8-12 students accessing affordable online high school support and exam prep with Fundaflix" decoding="async" />

Sign in
Sign up

Search for:

Business

0% Complete

0/0 Steps

Recent Legislation in Business

1 Quiz
- Recent Legislation in Business Assessment
Employment Equity Act

1 Quiz
- BBBEE

Quiz 2 of 2

← Previous

BBBEE

Business Employment Equity Act BBBEE

Time limit: 0

Quiz Summary

0 of 10 Questions completed

Questions:

Information

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 10 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

Not categorized 0%

1
2
3
4
5
6
7
8
9
10

Current
Review
Answered
Correct
Incorrect

Question 1 of 10

1. Question
1. What is the primary purpose of the Black Economic Empowerment (BEE) and Broad-Based Black Economic Empowerment (BBBEE) Acts?
- A) To regulate consumer protection
- B) To ensure equal distribution of jobs and wealth
- C) To promote environmental sustainability
- D) To govern international trade relations
Correct

Incorrect
Question 2 of 10

2. Question
2. Who conducts the measurement framework for BEE status of businesses?
- A) SANAS
- B) NCR
- C) NCA
- D) NCEA
Correct

Incorrect
Question 3 of 10

3. Question
3. What are the advantages of complying with BBBEE requirements for businesses?
- A) Increased risk of corruption and nepotism
- B) Financial penalties for non-compliance
- C) Better image for the business
- D) Exclusion from government contracts
Correct

Incorrect
Question 4 of 10

4. Question
4. What penalties may businesses face for non-compliance with BBBEE?
- A) Financial incentives from the government
- B) Exemption from annual assessments
- C) Imprisonment for non-compliance and fronting practices
- D) Reduced taxation rates
Correct

Incorrect
Question 5 of 10

5. Question
5. How can businesses comply with BBBEE regarding employment equity?
- A) Appointing black people in managerial positions
- B) Conducting thorough credit checks
- C) Increasing advertising expenditure
- D) Decreasing investment in skills development
Correct

Incorrect
Question 6 of 10

6. Question
6. What is the primary purpose of the National Credit Act (NCA)?
- A) Regulating consumer protection
- B) Facilitating international trade
- C) Ensuring environmental sustainability
- D) Promoting employment equity
Correct

Incorrect
Question 7 of 10

7. Question
7. What is a disadvantage of the NCA for businesses?
- A) Transparency in the credit process
- B) Lower bad debts resulting in better cash flow
- C) Increased paperwork and administrative costs
- D) Prevention of bankruptcy
Correct

Incorrect
Question 8 of 10

8. Question
8. What penalties may businesses face for non-compliance with the NCA?
- A) Increased customer loyalty
- B) Reduction in administrative burden
- C) Fines or imprisonment for a period not exceeding 10 years
- D) Exemption from credit marketing regulations
Correct

Incorrect
Question 9 of 10

9. Question
9. According to the Consumer Protection Act (CPA), what action can businesses take to comply with requirements regarding promotional competitions?
- A) Disclose prices of all products on sale
- B) Provide adequate training to staff on the CPA
- C) Ensure goods and services offered are of the same quality
- D) Comply with requirements regarding the display of information on labels/packaging
Correct

Incorrect
Question 10 of 10

10. Question
10. What are the primary benefits of the Consumer Protection Act (CPA) for consumers?
- A) Increased burden on businesses
- B) Access to information about goods and services
- C) Decreased competition
- D) Higher prices for goods and services
Correct

Incorrect

BBBEE

Pay via MTN Airtime

Pay via Credit/Debit Card

Pay via MTN Airtime

Pay via Credit/Debit Card

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

Report

There was a problem reporting this post.

Harassment Harassment or bullying behavior

Inappropriate Contains mature or sensitive content

Misinformation Contains misleading or false information

Offensive Contains abusive or derogatory content

Suspicious Contains spam, fake content or potential malware

Other

Report note

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

See blocked member's posts
Mention this member in posts
Invite this member to groups

Please allow a few minutes for this process to complete.

Report

You have already reported this .