Business Practice is a full qualification that makes complete sense for anyone and everyone involved in any sort of business. Business Practice (NQF 1) is a full qualification that will inspire your employees to identify and make every opportunity a business opportunity. Insofar as training for employees goes, this is a highly effective business-related training Programme.
Business Practice is training that makes a difference in the workplace and its community. It improves knowledge, skills, values and attitudes and encourages the learners to take the knowledge from the business training out of the classroom and straight onto the workplace floor.
The Core Component of Business Practice indicates exactly how business-related this Programme is:
20 credits in Economics and Management.
14 credits in Technology.
11 credits in Life orientation.
6 credits in Human and Social Sciences
The GETC: Business Practice aims to develop the cognitive abilities of learners thereby assisting them with problem solving and decision making specifically in business. The follow concepts are included in this business-related training:
- You and your business.
- Customers quality in business.
- Resources for your business.
- Business regulation.
- The business plan.
The skills, knowledge, attitudes and abilities which would be developed by this qualification are transferable to any sector of the economy.
BBBEE also “scores” with Business Practice. So if you are training for BEE points, choose this one because you will benefit in more ways that just points. The programme falls under Category C of the Learning Matrix. You score the highest point for category B and C. With the new codes you have to spend 6% of your payroll in old codes you only had to spend 3% if you spend the 6% you will earn 8 points. Skills Development is a priority element which means if you do not reached a min of 40% (8 points) you will drop one level
Companies that learn how to use training and development effectively to support their business strategy will establish a competitive advantage that increases profitability. Business-related training affects a company’s business strategy by promoting specific skills development needs to expand into new areas of business or ward off rivals of business.
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