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Summary Business studies exam prep

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summary of business studies nsc exam content

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Western Cape Education Department
Directorate: Curriculum FET




BUSINESS STUDIES

Grade 12




• Examination Guidelines
• Topic: One-page summaries
• Past NSC Question Papers

,2024 Business Studies
Grade 12 Topic Summaries


GRADE 12 Topics Page no. Covered Studied
() ()

Recent Legislation 6-9
ENVIRONMENTS



Recent Development 10 - 12



Business Sectors 13
PAPER 1




Human Resource Function 14 - 17
OPERATIONS




Quality of Performance 18 - 21



Management & Leadership 34 - 35


Investment: Securities 36 - 39
VENTURES




Investment: Insurance 40 - 42


Presentation & Data Response 43 - 44


Impact of Forms of Ownership 45 - 49
PAPER 2




Professionalism & Ethics 50 - 51

Creative Thinking & Problem 52 - 53
Solving
ROLES




Human Rights, Inclusivity & 54 - 57
Environmental Issues

Social Responsibility, CSR & CSI 58 - 60

Team Performance & Conflict 61 - 64
Management




2

, BUSINESS ENVIRONMENTS: RECENT LEGISLATION BUSINESS ENVIRONMENTS: DEVELOPING STRATEGIES

Learners should be able to: Learners should be able to:

* Outline /Describe/ Explain/Discuss the purpose of all EIGHT Acts.
* Discuss/Explain/Evaluate the impact (positives/advantages and/or negatives/ disadvantages) of the all EIGHT STRATEGIC MANAGEMENT PROCESS

Acts on businesses. * Outline/Explain/Describe/Discuss the strategic management process

* Outline/Explain/Discuss actions regarded as non- compliance by the various all EIGHT Acts * Apply the strategic management process to solve business-related problems.

* Outline/Explain/Discuss penalties/consequences of non-compliance to the various all EIGHT Acts.
* Suggest/Recommend ways in which businesses can comply with the all EIGHT Acts. INDUSTRIAL ANALYSIS TOOLS

* Outline/ Explain/Discuss the role/functions of SETAs in supporting the Skills Development Act (SDA), * Compile a SWOT analysis of a particular business from a given scenario.

* Explain how SETA’s are funded. * Name and identify Porter's Five forces model from given statements/scenarios.

* Define/Elaborate on the meaning of learnerships. * Explain/Advise businesses on how they could apply Porter's Five Forces model to analyse their position in the

* Explain the National Skills Development Strategy and the Human Resource Development Strategy market.

(i.e., Sector Education and Training Authorities) * Name and apply PESTLE analysis factors from given scenarios/statements.
* Explain how PESTLE factors pose challenges to businesses.

ALSO focus on the following regarding the Broad- Based Black Economic Empowerment Act, * Recommend ways in which businesses can deal with the challenges that are posed by PESTLE factors.

* Distinguish/Differentiate between Black Economic Empowerment (BEE) and the BBBEE Act.
* Explain/Discuss the implications of the following revised FIVE pillars of BBBEE on businesses. STRATEGIES

o Management control * Explain/describe/discuss the following types of business strategies:

o Ownership o Integration strategies

o Enterprise and supplier development (ESD) o Intensive strategies

o Skills development o Diversification strategies

o Socio-economic development/Social responsibility o Defensive strategies
* Outline/Explain/Discuss the advantages of intensive and diversification strategies.

* Name/Identify BBBEE pillars from scenarios/case studies * Outline/Explain/Recommend/Advise businesses on the steps in strategy evaluation:

* Recommend/Suggest ways in which businesses could apply the revised FIVE pillars of BBBEE in the workplace. o Examine the underlying bases of the business strategy.

* Outline/Explain/Describe/Discuss the provisions of the BCEA o Look forward and backwards into the implementation process.

* Outline/Explain/Describe/Discuss the rights of employers and employees in terms of the LRA o Compare expected performance (measure business performance).

* Outline/Explain/Describe/Discuss the rights of consumers in terms of the NCA and CPA o Take corrective action where necessary.
o Set specific dates for control and follow up.
 Decide on the desired outcome.




3

,
BUSINESS ENVIRONMENTS: BUSINESS SECTORS AND THEIR ENVIRONMENTS BUSINESS OPERATIONS: HUMAN RESOURCE FUNCTION

Learners should be able to: Learners should be able to respond to
* Name THREE types of business sectors: primary, secondary and tertiary. RECRUITMENT
* Identify/Name a business sector from given scenarios/statements. * Explain/Elaborate on the meaning of recruitment.
* Identify business challenges from given scenarios/case studies and classify them according to the THREE * Outline/Discuss/Explain the recruitment procedure.
business environments. * Explain the meaning of job analysis.
* State the extent to which a business (operating in any of the three sectors) can control the three business * Differentiate/Distinguish between job description and job specification as components of a job analysis.
environments from given scenarios and case studies. * Identify job description and job specification from given statements/scenarios.
* Identify methods of recruitment (internal/external recruitment) from given scenarios/statements.
* Explain/Discuss/Analyse the impact (positives/advantages and/or negatives/disadvantages) of the above stated
methods of recruitment.
* Identify/Give examples of sources of internal/external recruitment from given scenarios/statements.


SELECTION
* Outline/Discuss/Explain the selection procedure.
* Explain the meaning of screening as part of the selection procedure.
* Discuss/Explain the purpose of an interview.
* Outline/Explain/Discuss the role of the interviewer before and during the interview.
* Outline/Explain/Discuss the role of the interviewee during the interview.
* Define/Elaborate on the meaning of an employment contract.
* Name/Outline/State the details/aspects/ contents of an employment contract.
* Outline/Explain/Discuss the legal requirements legalities of the employment contract.
* Analyse an employment contract from given scenarios and make recommendations for improvement.
* Name/Outline/Explain/Discuss the reasons for the termination of an employment contract.


INDUCTION
* Define/Elaborate on the meaning of induction.
* Outline/Explain/Discuss the purpose of induction.
* State/Outline aspects that must be included in the induction programme.
* Evaluate an induction programme from given scenarios and make recommendations for improvement.
* Discuss/Explain the advantages/benefits of induction for businesses.
* Identify the benefit of induction from given scenarios




4

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