N4 Entrepreneurship & Business Management
SAFACT plays a critical and increasing role in protecting intellectual property rights in Southern Africa, and will continue in its efforts to reduce piracy to more manageable levels. This is an ongoing challenge aggravated by the introduction of new technology. Piracy is controlled by syndicates and organised crime and has caused significant economic losses to the country. Piracy on disc format, i.e. DVD, VCD and CD-ROM, has been on the increase at an alarming rate in recent years. This is now SAFACT’s main focus of attention.
Publishers in South Africa, are now also members of SAFACT, to assist with eradicating the illegal practice of photocopying books and the illegal selling of eBooks.
Questions: 1. Why do you think it is so important for artists, filmmakers and authors to protect their copyright?
2. And why is the government concerned about copyright? What has the government got to lose?
3. What are the strategic objectives of SAFACT? 4. What is your groups view on photocopying of textbooks?
Protecting your ideas Secrecy Patents Copyright Be the best in what you are doing Trademarks
6. Compile a personal SWOT analysis
Matching your business idea to your personal resources and identifying your critical success factors of your business idea will help you compile your personal SWOT analysis. SWOT is the acronym for: Strengths, Weaknesses, Opportunities and Threats.
The following SWOT guidelines will help you to understand the concept better and help you when completing your personal SWOT analysis.
SWOT guidelines • Strengths and Weaknesses deal with your own current situation, the “here and now” while Opportunities and Threats will happen sometime in the future.
• Strengths and Weaknesses normally refer to you as a person or matters inside your business, while Opportunities and Threats mostly come from outside the business – from the business environments we discussed in the previous module.
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