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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