INTRODUCTION

Welcome to Business Management Method 1. We hope that your studies are rewarding, exciting and informative. By the end of this module you should have acquired a thorough knowledge of the what, how and why of business management methodology. The aim of the module is to: critically engage with learning theories, the national curriculum statement in addition, issues around assessment in business studies.

ASSESSMENT 1: Individual (100 marks)

Poster size: A5

Due Date: 18 February 2018 [during lecture]

                                                           

Content grid and checklist

Max Mark

Student

Mark

Evidence of understanding the content as specified in the assessment.

50

 

Creativity, Originality + Size of collage:

·       Pictures, drawings, words (Use magazines, newspapers).

·       Indicate at the back of the A5 Chart paper: Names and student number of student

20

 

Include a 1 page reflection on the usage of poster in business management method 1: Use the following as subheadings for your reflections

·       Joys and challenges of developing a poster

·       Understanding of content through development of poster, if any.

30

 

TOTAL

100

 

 

Read the CAPS document and textbooks for business studies grade 10, 11 and 12. Using these sources develop a poster in which you highlight your understanding of the following content. 

NB: Print the following grid and include as cover page of assessment 1

Term

Grade 10 Topic

1

Micro environment

Market environment

Macro environment

Market environment

Interrelationship between environments

Business Sectors

2

Entrepreneurship qualities

Forms of ownership

3

Business opportunity

Business location

Business Planning

Term

Grade 11 Topics

1

Influences on and control factors influencing business environments

Challenges in business environments.

Adapting to challenges in business environments.

Business sectors

Benefits of a company versus other forms of ownership

Avenues of acquiring a business

2

Starting a business venture based on an action plan

3

Assessment of entrepreneurial qualities in business

Term

Grade 12 Topics

1

Devise strategies to enable a business to respond to the challenges of the macro business environment

2

Business sectors and their environments Quality of performance within business functions

3

Forms of ownership and their impact on the business operation