SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Keep informed about current affairs related to one`s own industry 
SAQA US ID UNIT STANDARD TITLE
14341  Keep informed about current affairs related to one`s own industry 
ORIGINATOR
SGB Administration 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Office Administration 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular-Fundamental  Level 2  NQF Level 02 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard provides a broad introduction to the business environment. It is the starting point for a learner new to the industry they are working within. The focus is knowledge, skills, values and attitudes in relation to the learner`s own context and experience of the world of work.

The qualifying learner is capable of:
  • Identifying events in the physical, social and business environment that impact on the industry in which they are working
  • Identifying people and business trends from the news 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    There is open access to this unit standard. Learners should:
  • Hold a GETC or equivalent qualification
  • Be competent in communication and mathematical literacy NQF level 1 

  • UNIT STANDARD RANGE 
    The typical scope of this unit standard is events in the physical, social and economic environments and other items of news that appear on television, radio newscasts or in a daily or weekly newspaper. 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify events in the physical environment that could impact on a selected industry 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The term physical environment is understood and a list is made of possible events related to the physical environment. 

    ASSESSMENT CRITERION 2 
    2. Information relating to current events in the physical environment is collected and organised demonstrating basic processing of readily available information. 

    ASSESSMENT CRITERION 3 
    3. A brief indication is given of how each event could impact on the selected business sector. 

    ASSESSMENT CRITERION 4 
    4. The ways in which the selected industry could be affected by such an event are named for three different sub-sector/s of the industry. 

    SPECIFIC OUTCOME 2 
    Identify events in the social environment that could impact on a selected industry 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The term social environment is understood and a list is made of possible events related to the social environment. 

    ASSESSMENT CRITERION 2 
    2. Information relating to current events in the social environment is collected and organised demonstrating basic processing of readily available information. 

    ASSESSMENT CRITERION 3 
    3. A brief indication is given of how one such event could impact on one of the sub sectors of the selected industry. 

    SPECIFIC OUTCOME 3 
    Identify events in the economic environment that could impact on a selected business sector 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. The term economic environment is understood and a list is made of three possible events related to the economic environment. 

    ASSESSMENT CRITERION 2 
    2. Information relating to current events in the economic environment is collected and organised demonstrating basic processing of readily available information. 

    ASSESSMENT CRITERION 3 
    3. A brief indication is given of how one such event could impact on one of the sub-sectors of the selected business sector. 

    ASSESSMENT CRITERION 4 
    4. The groups of people and kinds of work most likely to be affected are identified for each event. 

    SPECIFIC OUTCOME 4 
    Identify people and companies in the news 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    1. Achievements of people and companies in the selected business sector in the news are identified with examples of why they are newsworthy. 

    ASSESSMENT CRITERION 2 
    2. Problems in the industry and possible causes for the problems are identified with examples. 

    ASSESSMENT CRITERION 3 
    3. New developments in the industry are discussed with examples. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    Accreditation and Moderation:
  • Accreditation for this Unit Standard shall be from the Services Seta Education and Training Quality Assurer (SSETQA) through assessment by a registered Assessor. Assessment should be contextual and be conducted in the workplace as far as possible.
  • Assessors must be registered as an Assessor and Moderators must be registered as moderators with SSETQA.
  • SSETQA will co-ordinate all moderation activities in accordance with their policies and procedures. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    The learners can identify:
  • Floods, earthquakes, drought and other natural disasters as events in the physical environment.
  • Human disasters, accidents, epidemics, pandemics, HIV/AIDS, crime, war and other people related disasters as events of the social environment.
  • Insolvencies, mergers, acquisitions and retrenchments as events in the economic environment. 


  • Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    A learner is able to identify and provide possible causes and solutions to problems by identifying events in the environment and the industry that could impact on one`s own industry. 

    UNIT STANDARD CCFO WORKING 
    A learner can work effectively with others as a member of a community when gathering information about the industry from the community. 

    UNIT STANDARD CCFO COLLECTING 
    A learner is able to collect and organise information gathered to indicate how events in the physical, economic and social environments could impact on one of the sub-sectors of one`s own industry. 

    UNIT STANDARD CCFO COMMUNICATING 
    Learners can communicate effectively and responsibly to describe or present information gathered during research activities into the events in the physical, economic and social environments that could impact on one`s own industry. 

    UNIT STANDARD CCFO DEMONSTRATING 
    Learners can demonstrate an understanding of the world as a set of related systems by recognising and identifying the impact that the different environments can have on one`s own industry. 

    UNIT STANDARD CCFO CONTRIBUTING 
    A learner can explore educational and career opportunities in their research of the industry and current events. 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  23833   National Certificate: Business Administration Services  Level 2  NQF Level 02  Reregistered  2023-06-30  SERVICES 
    Core  48887   National Certificate: Hiring Services and Support  Level 3  NQF Level 03  Reregistered  2023-06-30  SERVICES 
    Elective  57162   National Certificate: Aluminium Fabrication and Installation  Level 2  NQF Level 02  Reregistered  2023-06-30  CETA 
    Elective  49648   National Certificate: New Venture Creation (SMME)  Level 2  NQF Level 02  Reregistered  2023-06-30  SERVICES 
    Elective  58308   National Certificate: Informal Small Business Practice  Level 3  NQF Level 03  Reregistered  2023-06-30  W&RSETA 
    Elective  49447   National Certificate: Trade Exhibition Support  Level 3  NQF Level 03  Reregistered  2023-06-30  SERVICES 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. Eruditio Skills Development Consultants 
    2. New Business Initiative Management Consultancy 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.