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UNDERSTANDING
     BUSINESS   2012

  MANAGEMENT
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
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
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
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
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
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
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
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
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

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Buma combining 3 sources

  • 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