Which of the Following Statements About "Black Empowerment" Is FALSE

question 11

Multiple Choice

Which of the following statements about "black empowerment" is FALSE?

• A) It has involved legislation that requires all companies in South Africa to hire a certain percentage of Africans.
• B) Those who have benefitted the most have often been politically well connected.
• C) It has involved legislation that requires companies that win government contracts allocate shares to blacks and other previously disadvantaged people.
• D) Although there is limited evidence that it has produced a substantial rise in the number of black-owned companies, there is significant evidence that it has increased black participation in the economy.
• E) It has not reduced black poverty and may, in fact, have promoted economic inefficiencies that have curbed growth and job creation.

Recognize advocacy as an approach to planned change and its implications for social work.

Identify and understand the role of case advocacy in addressing individual and societal issues.

Comprehend the concepts of rights, entitlements, and their importance in social justice and advocacy.

Differentiate between individual and societal rights and their implications for social work practice.

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Definitions:

Organizational Structure

The system that outlines how certain activities are directed in order to achieve the goals of an organization, including the roles, responsibilities, and authority of employees within the organization.

Consolidated Financial Statements

Financial statements that show the financial results and position of a parent entity and its subsidiaries as if the group were a single entity.

Parent Entity

A business entity that possesses a majority stake in one or more subsidiary companies.

Reporting Entity

is an entity for which there are users who rely on its financial statements to make economic decisions.