Quiz 3

True or False 

There are an estimated two million small businesses in South Africa.

True or False 

Business Partners is an unlisted public company whose major shareholders include the Department of Trade and Industry.

True or False 

Venture capital aims to provide early-stage capital; and to a lesser extent, expansion capital, for technology- based SMME’s; and management support for invested companies.

True or False 

The Competition Act aims to eliminating anti-competition practices, eliminating abuse of dominant positions, and strengthening merger control.

True or False 

The Consumer and Corporate Regulation Division of the Department of Trade and Industry is responsible for administering the regulation of the liquor, gambling and lottery industries.

True or False 

Skills Support Programme (SSP) The SSP has three funding elements, namely unemployment, awareness and service delivery.