CURRICULUM GRADE 10 -12 DIRECTORATE
NCS (CAPS)
WINTER CLASSES RESOURCE MATERIAL
GRADE 12
BUSINESS STUDIES
DBE REVISED NOTES
2023
Page | 1
,ACKNOWLEDGEMENTS
● This document should serve as a guide and does not replace any CAPS policy documents,
was developed for KZN Business Studies grade 12 teachers and learners.
● The content/notes are aligned to Examination Guidelines (2021).
● The NOTES provided in this document have been compiled by GAUTENG Department of
Education and are in line with the recent addendum (2021-2022).
● Previous NSC & SCE papers, textbooks, study guides, examination guidelines and other
sources relevant to the subject were used.
● Textbooks, examination guidelines, study guides and all other relevant CAPS documents
should be used together with this document.
CONTENT OUTLINE
TOPIC
1 Impact of Recent Legislation on Businesses
2 Human Resources Function
3 Ethics and Professionalism
4 Problem-Solving and Creative Thinking
5 Business Strategies
6 Business Sectors
7 Quality of performance
8 Management and Leadership
9 Investment Securities
10 Investment Insurance
11 Team performance and conflict Management
12 Human Rights, Inclusivity and Environmental issues
13 Social Responsibility and Corporate Social Responsibility
14 Presentation
15 Forms of Ownership
Page | 2
, TERM ONE
BUSINESS ENVIRONMENTS PAPER 1
TOPIC 1: THE IMPACT OF RECENT LEGISLATION ON BUSINESSES
CONTENT DETAILS FOR TEACHING, LEARNING AND ASSESSMENT PURPOSES
Learners must be able to:
● Outline /Describe/ Explain/Discuss the purpose of all EIGHT Acts.
● Discuss/Explain/Evaluate the impact (positives/advantages and/or negatives/ disadvantages) of
the Acts on businesses.
● Outline/Explain/Discuss actions regarded as noncompliance by the various Acts.
● Outline/Explain/Discuss penalties/consequences of non-compliance to the various Acts.
● Suggest/Recommend ways in which businesses can comply with the Acts.
● Outline/ Explain/Discuss the role/functions of SETAs in supporting the Skills Development Act
(SDA),1998 (Act 97 of 1998).
● Explain how SETAs are funded.
● Define/Elaborate on the meaning of learnerships.
● Explain the National Skills Development Strategy and the Human Resource Development
Strategy (i.e., Sector Education and Training Authorities).
ALSO focus on the following regarding the Broad- Based Black Economic Empowerment Act,
2003 (Act 53 of 2003) (BBBEE):
● Distinguish/Differentiate between Black Economic Empowerment (BEE) and the BBBEE Act.
● Explain/Discuss the implications of the following revised FIVE pillars of BBBEE on businesses.
o Management control
o Ownership
o Enterprise and supplier development (ESD)
o Skills development
o Socio-economic development/Social responsibility
o Name/Identify BBBEE pillars from scenarios/case studies
● Name/Identify BBBEE pillars from scenarios/case studies.
● Recommend/Suggest ways in which businesses could apply the revised FIVE pillars of BBBEE
in the workplace.
ALSO focus on the following regarding the BCEA, LRA, NCA & CPA:
● Outline/Explain/Describe/Discuss the provisions of the BCEA
● Outline/Explain/Describe/Discuss the rights of employers and employees in terms of the LRA
● Outline/Explain/Describe/Discuss the rights of consumers in terms of the NCA & CPA
Page | 3
, TERMS AND DEFINITIONS
TERM DEFINITION
Skills Development Act/SDA The main aim of this Act is to improve the skill levels of people who are
already employed in the business.
Skills Development Levy/SDL It was introduced to ensure that businesses contribute to the
development of skills of employees.
PDI’s Previously Disadvantaged Individuals or designated group.
SETAs SETAs were established in order to implement and monitor the
implementation of the Skills Development Act.
Labour Relations Act/LRA This Act was introduced to promote simple procedures for the resolution of
labour disputes in the workplace
.
Negotiations between employers’ association and trade unions on
Collective bargaining matters such as wages/conditions of employment.
Collective agreement Agreement between the employer organisations and trade unions.
Dispute A disagreement between the employer and the employee
Bargain councils It is formed by registered trade unions and employer organisations in order to
prevent/resolve labour disputes.
Employment Equity Act/EEA The main aim of this Act is to ensure that equal job opportunities are given
to all people regardless of race/culture/language/age/religion/disability etc.
Affirmative Action It was designed to ensure that suitable and qualified previously
disadvantaged individuals are given equal job opportunities.
Affirmative action forms part of the Employment Equity Act.
Basic Conditions of This Act sets the minimum standard for employment in order to promote
Employment Act/BCEA fair labour practice.
Compensation for Occupational The Act gives employees who are injured or contract diseases while on duty
Injuries and Diseases Act/COIDA the right to claim compensation.
Broad-Based Black Economic The Act was introduced in order to ensure full economic participation of
Empowerment Act/BBBEE previously disadvantaged individuals.
National Credit Act This Act was introduced to protect consumers against unfair and reckless
credit granting by businesses.
Credit providers All businesses that offer goods and services on credit
Page | 4
NCS (CAPS)
WINTER CLASSES RESOURCE MATERIAL
GRADE 12
BUSINESS STUDIES
DBE REVISED NOTES
2023
Page | 1
,ACKNOWLEDGEMENTS
● This document should serve as a guide and does not replace any CAPS policy documents,
was developed for KZN Business Studies grade 12 teachers and learners.
● The content/notes are aligned to Examination Guidelines (2021).
● The NOTES provided in this document have been compiled by GAUTENG Department of
Education and are in line with the recent addendum (2021-2022).
● Previous NSC & SCE papers, textbooks, study guides, examination guidelines and other
sources relevant to the subject were used.
● Textbooks, examination guidelines, study guides and all other relevant CAPS documents
should be used together with this document.
CONTENT OUTLINE
TOPIC
1 Impact of Recent Legislation on Businesses
2 Human Resources Function
3 Ethics and Professionalism
4 Problem-Solving and Creative Thinking
5 Business Strategies
6 Business Sectors
7 Quality of performance
8 Management and Leadership
9 Investment Securities
10 Investment Insurance
11 Team performance and conflict Management
12 Human Rights, Inclusivity and Environmental issues
13 Social Responsibility and Corporate Social Responsibility
14 Presentation
15 Forms of Ownership
Page | 2
, TERM ONE
BUSINESS ENVIRONMENTS PAPER 1
TOPIC 1: THE IMPACT OF RECENT LEGISLATION ON BUSINESSES
CONTENT DETAILS FOR TEACHING, LEARNING AND ASSESSMENT PURPOSES
Learners must be able to:
● Outline /Describe/ Explain/Discuss the purpose of all EIGHT Acts.
● Discuss/Explain/Evaluate the impact (positives/advantages and/or negatives/ disadvantages) of
the Acts on businesses.
● Outline/Explain/Discuss actions regarded as noncompliance by the various Acts.
● Outline/Explain/Discuss penalties/consequences of non-compliance to the various Acts.
● Suggest/Recommend ways in which businesses can comply with the Acts.
● Outline/ Explain/Discuss the role/functions of SETAs in supporting the Skills Development Act
(SDA),1998 (Act 97 of 1998).
● Explain how SETAs are funded.
● Define/Elaborate on the meaning of learnerships.
● Explain the National Skills Development Strategy and the Human Resource Development
Strategy (i.e., Sector Education and Training Authorities).
ALSO focus on the following regarding the Broad- Based Black Economic Empowerment Act,
2003 (Act 53 of 2003) (BBBEE):
● Distinguish/Differentiate between Black Economic Empowerment (BEE) and the BBBEE Act.
● Explain/Discuss the implications of the following revised FIVE pillars of BBBEE on businesses.
o Management control
o Ownership
o Enterprise and supplier development (ESD)
o Skills development
o Socio-economic development/Social responsibility
o Name/Identify BBBEE pillars from scenarios/case studies
● Name/Identify BBBEE pillars from scenarios/case studies.
● Recommend/Suggest ways in which businesses could apply the revised FIVE pillars of BBBEE
in the workplace.
ALSO focus on the following regarding the BCEA, LRA, NCA & CPA:
● Outline/Explain/Describe/Discuss the provisions of the BCEA
● Outline/Explain/Describe/Discuss the rights of employers and employees in terms of the LRA
● Outline/Explain/Describe/Discuss the rights of consumers in terms of the NCA & CPA
Page | 3
, TERMS AND DEFINITIONS
TERM DEFINITION
Skills Development Act/SDA The main aim of this Act is to improve the skill levels of people who are
already employed in the business.
Skills Development Levy/SDL It was introduced to ensure that businesses contribute to the
development of skills of employees.
PDI’s Previously Disadvantaged Individuals or designated group.
SETAs SETAs were established in order to implement and monitor the
implementation of the Skills Development Act.
Labour Relations Act/LRA This Act was introduced to promote simple procedures for the resolution of
labour disputes in the workplace
.
Negotiations between employers’ association and trade unions on
Collective bargaining matters such as wages/conditions of employment.
Collective agreement Agreement between the employer organisations and trade unions.
Dispute A disagreement between the employer and the employee
Bargain councils It is formed by registered trade unions and employer organisations in order to
prevent/resolve labour disputes.
Employment Equity Act/EEA The main aim of this Act is to ensure that equal job opportunities are given
to all people regardless of race/culture/language/age/religion/disability etc.
Affirmative Action It was designed to ensure that suitable and qualified previously
disadvantaged individuals are given equal job opportunities.
Affirmative action forms part of the Employment Equity Act.
Basic Conditions of This Act sets the minimum standard for employment in order to promote
Employment Act/BCEA fair labour practice.
Compensation for Occupational The Act gives employees who are injured or contract diseases while on duty
Injuries and Diseases Act/COIDA the right to claim compensation.
Broad-Based Black Economic The Act was introduced in order to ensure full economic participation of
Empowerment Act/BBBEE previously disadvantaged individuals.
National Credit Act This Act was introduced to protect consumers against unfair and reckless
credit granting by businesses.
Credit providers All businesses that offer goods and services on credit
Page | 4
