BUSINESS STUDIES – GRADE 10: TERM 1 WEEKS 1 MAIN TOPIC TOPIC: MICRO ENVIRONMENT DATE COMPLETED ASSESSMENT DATE COMPLETED ASSESSMENT Description of the term “micro environment” Component of the micro environment Description and examples of the terms mission, vision, goals and objectives. Meaning of the term organisational structure Types of organisational resources Difference between management and leadership Meaning of the term organisational structure MAIN TOPIC BUS ENVIRONMENT BUS OPERATIONS TOPIC: EIGHT BUSINESS FUNCTIONS Eight business functions Description of each of the eight business functions Role and importance of the business functions within the business Interrelatedness of the business functions Levels of management Explanation of the management tasks Factors that influence the organisational structure in a business Responsibilities of the different levels of management 2 3 1 MAIN TOPIC BUS OPERATIONS TOPIC: EIGHT BUSINESS FUNCTIONS Handling information and data Types of finances Sources of financing Meaning of the term budget Types of budgets Types of investment Types of capital Purchasing procedure Activities of the purchasing function Difference between cash- and credit payments Importance of stock control Differences between the National Credit Act [NCA] and the Consumer Protection Act [CPA] Importance of public relations Methods of carrying out public relations MAIN TOPIC BUS OPERATIONS TOPIC: EIGHT BUSINESS FUNCTIONS Interrelatedness of the business functions and the size of the enterprise Description of the term quality Measures in place to ensure quality is achieved within the business Correlation between management and the success of a business DATE COMPLETED ASSESSMENT DATE COMPLETED ASSESSMENT MAIN TOPIC BUS ENVIRONMENT TOPIC: MARKET ENVIRONMENT Meaning of the term “market environment” Components of the market environment Explanation of the components of the market environment Opportunities and threats faced by the business Effect of opportunities on the market environment Effect of threats in the market environment DATE COMPLETED ASSESSMENT 1 MAIN TOPIC BUS ENVIRONMENT TOPIC: MACRO ENVIRONMENT Meaning of the term “macro environment” Components of the macro environment Explanation of each of the components of the macro environment Aspects of the physical environment Importance of the physical location Importance of natural resources Environmental awareness of the business and the consumer Meaning of the term economic environment Economic factors that have an influence on the business Meaning of the term social environment DATE COMPLETED ASSESSMENT 2 MAIN TOPIC BUS ENVIRONMENT TOPIC: MACRO ENVIRONMENT Factors in the social environment that affects the business Cultural factors that affects the business Demographic environment Effect of technological change on the business Importance of communication for the business Innovation and product development Marketing and advertising Use of technology in the administrative function of the business DATE COMPLETED ASSESSMENT 3 MAIN TOPIC BUS ENVIRONMENT TOPIC: MACRO ENVIRONMENT Legal environment Laws and Acts that the business must be aware of. Political environment The government as consumer, employer, supplier and regulator. Effect of the international environment on the business Interrelatedness of the environments DATE COMPLETED ASSESSMENT 1 MAIN TOPIC BUS ENVIRONMENT TOPIC: INTER-RELATIONSHIP BETWEEN ENVIRONMENTS Interrelatedness of the business Interrelatedness between the micro and market environments Interrelatedness between the components of the micro environment Interrelatedness between the components within the market environment DATE COMPLETED ASSESSMENT 1 MAIN TOPIC BUS ENVIRONMENTS TOPIC: BUSINESS SECTORS Three main sectors business are classified into Description of each sector and examples Distinguish between formal and informal sectors Characteristics of the informal sector Characteristics of the formal sector Distinguish between public and private sector Examples of private and public sector businesses DATE COMPLETED ASSESSMENT