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Greetings to Business Studies Grade 12


   Business studies simplified
Learning
outcomes
 Learning  Outcome:1
Business environment
 Learning Outcome: 2
Business ventures
 Learning Outcome: 3
Business Roles
 Learning Outcome: 4
Business operation
Business studies topic’s
Learning outcome 1,2
    Business
    Environments 1                            Business Ventures 2
1.Business environments
  Micro environment
                                             1. Entrepreneurial
  Marco environment                          qualities
  Market environment
2.          Strategies                       2. Key success
  Types of strategies
3.Corporate citizenship
                                              factors
  Corporate citizenship Responsibility
  Characteristics of Corporate Social
                                             3. Forms of
    Investment                                ownership
4.Impact of recent legislation on
business                                     4. Insurance
5.Business environments and the three
sectors                                      5. Investments
Business studies topic’s
Learning outcome 3,4
  Business roles 3     Business operation 4
1.Problem solving    1.The human
2.Business ethics    resource
3.Leadership and     2.Industrial relation
management           3.Qualities
4.Conflict
5.Careers/teamwork
Introduction to Learning outcome:1
sub-themes
  Business environment   Management influence               Factors

  Micro                  Full control                       Vision, mission, strategy, and
                                                            objective.
                                                            Organizational culture
                                                            Organizational Structure
                                                            Organizational Resources
                                                            Business function
                                                            Working environment

  Macro                  Management can influence factors Consumers
                         in the environment               Suppliers
                                                          Civil society
                                                          Strategic allies
                                                          Regulators
                                                          Competitors
                                                          intermediaries

  Market                 No control                         Social environment
                                                            Economical environment
                                                            Political environment
                                                            Global environment
                                                            Legal environment
                                                            Demographical environment
                                                            Cultural environment
                                                            Physical environment
                                                            Institutional environment
                                                            Technological environment
2. Types of strategies
 Integration        Vertical integration   Horizontal integration
 strategy                Forward
                         integration
                         Backward
                         integration

 Intensive          Market penetration     Market development       Product development
 strategy
 Diversification    Concentric             Horizontal               Conglomerate
 strategy           Diversification        Diversification          Diversification
 Defensive          Retrenchment           Divestiture              Liquidation
 strategy
 Other strategies   Replacing              Issuing stock            Allocating resources
                    individual
3. Corporate Citizenship


  •CSR encourages businesses to consider the interest
  of society
  •CSR has been emphasized in South Africa since the
  1990’s
  Characteristics of CSR
  •To contribute towards sustainable development
  •Government expects business enterprises to make a
  CSI contribution
  •CSI is enforced by law
  •CSI plays a positive role in the development of
  communities
Sub-themes
     4.Impact of            5. Business environment
     legislations           and the three sectors
1.    Types of Acts         Primary  sector
    The National Credit
     Act                    Secondary sector
    Broad base Black       Tertiary sector
     Economic
     Empowerment Act
    South African
     Qualification
     Authority Act
Introduction to learning
     outcome:2 sub themes
1.    Entrepreneurial qualities
•     Positive attitude
•     Clear vision
•     Flexible
•     Energetic
•     Able to take calculated risk
2.Key success factors

 Sustainability
 Profitability
 Customer  base
 A great idea
 Competent works
3.Forms of ownership

 Sole trader
 Partnership
 Public company
 Private company
4. Insurance
Forms of insurance
A contract between the insurer and the insured


    Long term                     Short term                  Compulsory
    insurance                     insurance                   insurance
    For goods                     Life insurance              Unemployment
                                                              fund
                                                              Road accident
                                                              fund




    Assurance                                  insurance

    Covers for events that will                Covers for events that might
    happen                                     happen
5.Investment
1. Types of investment
 Shares
 Unit trusts
 Retirement annuities
 Life insurance
Introduction to learning
outcome:3 sub-theme
1.Problem solving
•Types of problem solving skills
      1.   The problem solving cycle
•Advanced problem solving skills
    1. Creative thinking
    2. Idea generation
    3. Indigenous knowledge
•Problem solving techniques
    1.Forced flied analysis
    2.Chair technique
    3.Delphi technique
    4.Nominal group
    5.Brainstorming
    6.Forced combination
2.Business ethics

   Corporate   social responsibility
   Leadership issues
   Contribution made by business
   Issues concerning relation issues between
    different companies
3.Leadership and
management

   Leadership theories
1. Authoritarian
2. Super leaders
3. Transactional theory
4. Transformational theory
5. Transitional theory
6. Charismatic theory
7.Democratic theory
8.Lassies-faire theory
4.Conflict
1.Types of conflict
  Colleagues on the same level of management
   A manager and s subordinate
   Interpersonal conflict
   Intra-group conflict
   Intergroup conflict
   Inter-organizational conflict
2.Causes of conflict
  Miscommunication
   Personality clashes
   Different values
   Unfair treatment
   Discrimination
5.Teamwork

1.Effective Team
Joint action by a group to complete a given
task
  Has a clear task and deadline
  Has necessary skills
  Has common desire to accomplish their goals
  Respect one other’s skills
  Show mutual respects and trust
  Support one another
Introduction to Learning
outcome:4
1.    The human resource activities
    Human resource planning
    Job analysis
    Recruitment
    Selection
    Interviewing
    Orientation
    Placement
    remuneration
2.Legislational on the human resource
    Labour relational Act
    Basic condition of employment
    Employment Equity Act
    Skills Development Act
3. Industrial relational (IR)
 IR is the process through which employers
  and employees interact, and through
  which they regulate conflict in workplace.
 IR deals with relationships with works and
  their unions.
 Industrial relational also looks at the rights
  of workers.
4.Trade unions
  Roles and function of trade unions
Improve working conditions
Encourage decision making process
Prevent retrenchment
Ensure fairness among workers
  Function
Represent workers
Lobbying
Collective bargaining
Support gender equality
Access pension and provident funds

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Greetings to business studies grade 12

  • 1. Greetings to Business Studies Grade 12 Business studies simplified
  • 2. Learning outcomes  Learning Outcome:1 Business environment  Learning Outcome: 2 Business ventures  Learning Outcome: 3 Business Roles  Learning Outcome: 4 Business operation
  • 3. Business studies topic’s Learning outcome 1,2 Business Environments 1 Business Ventures 2 1.Business environments  Micro environment  1. Entrepreneurial  Marco environment qualities  Market environment 2. Strategies  2. Key success  Types of strategies 3.Corporate citizenship factors  Corporate citizenship Responsibility  Characteristics of Corporate Social  3. Forms of Investment ownership 4.Impact of recent legislation on business  4. Insurance 5.Business environments and the three sectors  5. Investments
  • 4. Business studies topic’s Learning outcome 3,4 Business roles 3 Business operation 4 1.Problem solving 1.The human 2.Business ethics resource 3.Leadership and 2.Industrial relation management 3.Qualities 4.Conflict 5.Careers/teamwork
  • 5. Introduction to Learning outcome:1 sub-themes Business environment Management influence Factors Micro Full control Vision, mission, strategy, and objective. Organizational culture Organizational Structure Organizational Resources Business function Working environment Macro Management can influence factors Consumers in the environment Suppliers Civil society Strategic allies Regulators Competitors intermediaries Market No control Social environment Economical environment Political environment Global environment Legal environment Demographical environment Cultural environment Physical environment Institutional environment Technological environment
  • 6. 2. Types of strategies Integration Vertical integration Horizontal integration strategy Forward integration Backward integration Intensive Market penetration Market development Product development strategy Diversification Concentric Horizontal Conglomerate strategy Diversification Diversification Diversification Defensive Retrenchment Divestiture Liquidation strategy Other strategies Replacing Issuing stock Allocating resources individual
  • 7. 3. Corporate Citizenship •CSR encourages businesses to consider the interest of society •CSR has been emphasized in South Africa since the 1990’s Characteristics of CSR •To contribute towards sustainable development •Government expects business enterprises to make a CSI contribution •CSI is enforced by law •CSI plays a positive role in the development of communities
  • 8. Sub-themes 4.Impact of 5. Business environment legislations and the three sectors 1. Types of Acts  Primary sector  The National Credit Act  Secondary sector  Broad base Black  Tertiary sector Economic Empowerment Act  South African Qualification Authority Act
  • 9. Introduction to learning outcome:2 sub themes 1. Entrepreneurial qualities • Positive attitude • Clear vision • Flexible • Energetic • Able to take calculated risk
  • 10. 2.Key success factors  Sustainability  Profitability  Customer base  A great idea  Competent works
  • 11. 3.Forms of ownership  Sole trader  Partnership  Public company  Private company
  • 12. 4. Insurance Forms of insurance A contract between the insurer and the insured Long term Short term Compulsory insurance insurance insurance For goods Life insurance Unemployment fund Road accident fund Assurance insurance Covers for events that will Covers for events that might happen happen
  • 13. 5.Investment 1. Types of investment  Shares  Unit trusts  Retirement annuities  Life insurance
  • 14. Introduction to learning outcome:3 sub-theme 1.Problem solving •Types of problem solving skills 1. The problem solving cycle •Advanced problem solving skills 1. Creative thinking 2. Idea generation 3. Indigenous knowledge •Problem solving techniques 1.Forced flied analysis 2.Chair technique 3.Delphi technique 4.Nominal group 5.Brainstorming 6.Forced combination
  • 15. 2.Business ethics  Corporate social responsibility  Leadership issues  Contribution made by business  Issues concerning relation issues between different companies
  • 16. 3.Leadership and management  Leadership theories 1. Authoritarian 2. Super leaders 3. Transactional theory 4. Transformational theory 5. Transitional theory 6. Charismatic theory 7.Democratic theory 8.Lassies-faire theory
  • 17. 4.Conflict 1.Types of conflict  Colleagues on the same level of management  A manager and s subordinate  Interpersonal conflict  Intra-group conflict  Intergroup conflict  Inter-organizational conflict 2.Causes of conflict  Miscommunication  Personality clashes  Different values  Unfair treatment  Discrimination
  • 18. 5.Teamwork 1.Effective Team Joint action by a group to complete a given task  Has a clear task and deadline  Has necessary skills  Has common desire to accomplish their goals  Respect one other’s skills  Show mutual respects and trust  Support one another
  • 19. Introduction to Learning outcome:4 1. The human resource activities  Human resource planning  Job analysis  Recruitment  Selection  Interviewing  Orientation  Placement  remuneration 2.Legislational on the human resource  Labour relational Act  Basic condition of employment  Employment Equity Act  Skills Development Act
  • 20. 3. Industrial relational (IR)  IR is the process through which employers and employees interact, and through which they regulate conflict in workplace.  IR deals with relationships with works and their unions.  Industrial relational also looks at the rights of workers.
  • 21. 4.Trade unions  Roles and function of trade unions Improve working conditions Encourage decision making process Prevent retrenchment Ensure fairness among workers  Function Represent workers Lobbying Collective bargaining Support gender equality Access pension and provident funds