1. UNDERSTANDING
BUSINESS 2012
MANAGEMENT

2. LEARNING UNIT 1
TOPIC MODULE INTRODUCTION TO BUSINESS ADDENDUM
GUIDE MANAGEMENT 1A
Management roles in p. 19 p. 24 (2.1) p. 14 – 15
business environment
Business process p. 17 p. 5 – 9
Management roles at p. 18 pp. 17, 32, 34 p. 9 – 12
different levels
The importance of pp. 14, p. 24 p. 19
management in 16
business
Management tasks in p. 15
business
Skills needed by p. 36 (Leadership skills) p. 12 – 13
managers

3. LEARNING UNIT 1
TOPIC MODULE INTRODUCTION TO BUSINESS ADDENDUM
GUIDE MANAGEMENT 1A
Major challenges for p. 16 - 17 p. 45 p. 20 - 21
SA managers
Differences between p. 15 – 18
leadership &
management
Factors of production p. 5 – 6 (1.1.3)
– both input and
output
Relationship between p. 14
factors of production
and managerial
functions

4. LEARNING UNIT 2
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
Different economic p. 31 – 33 p. 7 – 9 p. 22 – 34
systems (excl. P. 31 –
33)
Effect of economic p. 10
system on
organisation
Impact of p. 31 – 33
government policies
on SA business
Different business p. 33 – 35 p. 10 – 13
environments
Differentiate between p. 33 – 35 p. 11 (Fig. 1.2)
different business
environments

5. LEARNING UNIT 3
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
Define p. 40 p. 50 p. 34 – 35
entrepreneurship
List & describe p. 50 – 52 p. 36 – 37
characteristics of an
entrepreneur
Identify the different p. 53 - 54 p. 37 - 38
types of entrepreneur

6. LEARNING UNIT 4
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
What is meant by p. 46 (2.2) p. 54 (3.2)
“small business”
Formal & informal p. 44 (4.4)
sectors of economy
Role that small p. 46 (2.3) p. 45 (4.5)
business plays in SA
List 5 small business p. 47 (2.5) p. 42 – 43
support initiatives (4.3)
Describe 2 small p. 70 – 71 (3.8.2) p. 42 – 43
business support (4.3)
initiatives

7. LEARNING UNIT 4
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
Distinguish between p. 62 (3.5) p. 40 – 42
various categories of (4.2)
small businesses
Classify challenges p. 46 (2.4) p. 56 (3.2.2); p. 69 (3.7) p. 45 (4.6)
faced by small
business

8. LEARNING UNIT 5
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
Various types of p. 52 – 55 (2.2) p. 62 – 67 (3.5)
business ownership
Advantages & p. 52 – 55 (2.2) p. 62 – 67 (3.5)
disadvantages of
each form
Distinguish between p. 62 – 67 (3.5)
each form of
ownership

9. LEARNING UNIT 6
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
What is a feasibility p. 58 - 67
study?
Evaluate the three p. 59 - 60 p. 47 – 52
approaches to owning (6.1 – 6.4)
a small business
Decide on p. 52 – 58
opportunities for
small business
development
Consider factors that p. 58 - 67
will be used to do a
feasibility study

10. LEARNING UNIT 7
TOPIC MODULE GUIDE INTRODUCTION TO BUSINESS ADDENDUM
MANAGEMENT 1A
Explain the p. 67 (7.1)
importance of
strategic
management
Distinguish between p. 77 (4.2) p. 68 - 69
the different levels of (7.2)
strategy
Select the most
suitable strategy for a
given scenario