Grade 12 Business Studies SyllabusGrade 12 Business Structure:- Understanding the different types of business structures
- Analyzing the advantages and disadvantages of each structure
- Exploring the legal and regulatory requirements for establishing a business
Grade 12 Size of Business:- Defining the size of a business based on various criteria such as turnover, assets, and number of employees
- Examining the characteristics and challenges of small, medium, and large businesses
- Analyzing the impact of business size on operations, management, and finance
Grade 12 Business Objectives:- Understanding the concept of business objectives and their importance in driving business success
- Exploring different types of business objectives, including financial, social, and environmental objectives
- Evaluating the role of business objectives in guiding decision-making and setting performance targets
Grade 12 Stakeholders in a Business:- Identifying and analyzing the different stakeholders in a business, including shareholders, employees, customers, suppliers, and the community
- Examining the interests, rights, and responsibilities of each stakeholder
- Exploring strategies for managing and maintaining positive relationships with stakeholders
Grade 12 Enterprise:- Understanding the concept of enterprise and its role in business development and growth
- Exploring the characteristics and skills of successful entrepreneurs
- Analyzing the process of identifying and evaluating business opportunities
Grade 12 Human Resource Management (HRM):- Examining the role of HRM in attracting, developing, and retaining talent in a business
- Analyzing different HRM functions such as recruitment, selection, training, performance management, and employee relations
- Exploring strategies for effective HRM and its impact on organizational performance
Grade 12 Motivation:- Understanding the concept of motivation and its importance in enhancing employee performance
- Exploring different theories of motivation, including Maslow's hierarchy of needs, Herzberg's two-factor theory, and Vroom's expectancy theory
- Analyzing strategies for motivating employees and creating a positive work environment
Grade 12 Management:- Exploring the functions of management, including planning, organizing, leading, and controlling
- Analyzing different management styles and their impact on employee behavior and organizational performance
- Examining the challenges and skills required for effective management in a dynamic business environment
Grade 12 Marketing:- Understanding the role of marketing in identifying customer needs, creating value, and achieving organizational objectives
- Analyzing the marketing mix elements (product, price, place, promotion) and their interrelationships
- Exploring different marketing strategies and tactics for product development, pricing, distribution, and promotion
Grade 12 Operations Management:- Examining the role of operations management in ensuring effective and efficient production processes
- Analyzing different operations management strategies, including lean production, total quality management, and supply chain management
- Understanding the importance of operations management in meeting customer expectations and achieving competitive advantage
Grade 12 Business Finance:- Understanding the role of finance in business decision-making and resource allocation
- Analyzing financial statements and key financial ratios for assessing business performance
- Exploring different sources of finance, including equity, debt, and internal sources
Grade 12 Sources of Finance:- Examining different sources of finance available to businesses, such as bank loans, venture capital, and crowdfunding
- Analyzing the advantages and disadvantages of each source of finance
- Understanding the criteria and considerations for selecting appropriate sources of finance
Grade 12 Forecasting and Managing Cash Flows:- Understanding the importance of cash flow management in ensuring business liquidity and financial stability
- Analyzing techniques for forecasting and managing cash flows, including cash flow statements and budgeting
- Exploring strategies for improving cash flow, such as effective credit management and cost control
Grade 12 Costs:- Examining different types of costs in a business, including fixed costs, variable costs, and semi-variable costs
- Analyzing cost behavior and cost-volume-profit relationships
- Understanding the role of cost analysis in decision-making and pricing strategies
Grade 12 Budgets:- Understanding the concept of budgeting and its importance in planning and controlling business operations
- Analyzing different types of budgets, including sales budgets, production budgets, and cash budgets
- Exploring techniques for budget preparation, monitoring, and variance analysis
Grade 12 Business and Its Environment:- Examining the external factors that influence business operations and decision-making, such as economic, political, social, and technological factors
- Analyzing the impact of the business environment on business strategy and performance
- Exploring strategies for managing and adapting to changes in the business environment
Grade 12 Business Strategy:- Understanding the concept of business strategy and its role in achieving competitive advantage
- Analyzing different types of business strategies, including cost leadership, differentiation, and focus strategies
- Exploring the process of strategic planning and implementation
Grade 12 Organizational Structure:- Examining different types of organizational structures, including functional, divisional, and matrix structures
- Analyzing the advantages and disadvantages of each organizational structure
- Understanding the factors that influence organizational structure and the process of organizational design
Grade 12 Business Communication:- Understanding the importance of effective communication in business relationships and operations
- Analyzing different communication methods and channels in a business context, such as written, oral, and electronic communication
- Exploring strategies for improving business communication skills and overcoming communication barriers
Grade 12 Leadership:- Examining the role of leadership in inspiring and motivating employees towards achieving business objectives
- Analyzing different leadership styles and their impact on employee behavior and organizational culture
- Understanding the skills and qualities required for effective leadership in a business context
This course is helpful for the following exams: Grade 12