Business Studies
Business Studies deals with the knowledge, skills, attitudes, and values critical for informed, productive, ethical and responsible participation in the formal and informal economic sectors. The subject encompasses business principles, theory and practice that underpin the development of entrepreneurial initiatives, sustainable enterprises and economic growth. The curriculum includes the following topics:
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Business environment: micro, market and macro environments, business sectors and contemporary socioeconomic issues.
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Business venture: entrepreneurship, business opportunity and related factors, business plan, management and leadership, forms of ownership, setting up a business, contracts, business location, investment securities and insurance and presentation of business information.
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Business role: creative thinking and problem-solving, self-management, professionalism and ethics, human rights, inclusivity and environmental issues, social responsibility, stress, crisis, change and conflict management, relationship and team performance.
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Business operation: business functions, quality of performance.
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Application
Business Studies is a versatile subject with a wide range of practical applications across various careers and industries. It is particularly valuable for learners who aspire to occupations in the commercial field after completing their education. It further provides learners with valuable skills in strategic thinking, problem-solving and decision-making.
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Note: To be admitted to Institutions of Higher Education and Learning, you must meet the relevant entry requirements for the specific institution and faculty or programme.
Source (Subject Description): Curriculum and Policy Statement Grades 10-12: Business Studies (www.education.gov.za)