Black Economic Empowerment

Question 1

What groups are included in the definition of previously disadvantaged groups?

Answer 1

Blacks, Coloured, Indian, Chinese, Females, and the Disabled

Includes groups recognized for historical disadvantages.

Question 2

What is the goal of the Black Economic Empowerment (BEE) Act?

Answer 2

Supports the development and economic empowerment of historically disadvantaged black people

Aims to address past inequalities in economic participation.

Question 3

What do industry-specific BEE scorecards assess?

Answer 3

The degree of compliance with BEE initiatives

Used to measure how well companies are adhering to the BEE Act.

Question 4

What is a potential negative outcome of promoting black people to senior positions under the BEE Act?

Answer 4

Tokenism

This occurs when individuals are placed in positions to give the appearance of equality without actual empowerment.

Question 5

Who does the BEE Act primarily apply to?

Answer 5

Blacks only

The Act is focused specifically on historically disadvantaged black individuals.

Question 6

Fill in the blank: The BEE Act aims to ensure the promotion of _______ to senior positions.

Answer 6

black people

This is intended to create opportunities for historically disadvantaged groups.

Question 7

True or False: The BEE Act includes all previously disadvantaged groups equally.

Answer 7

False

The Act specifically targets black individuals for empowerment.