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Grade 12 Business Studies Short Summary (Business Roles & Ventures)

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This is a document that provides a shorter and quicker summary of the sections of Grade 12 Business Studies (Business Roles & Ventures) It covers the following topics for each document: Business Roles Professionalism and Ethics Creative thinking and Problem Solving Team Performance and Conflict Management Human Rights , Inclusivity & Environmental Issues Social Responsibility , CSR and CSI Business Ventures Management and Leadership Investment: Securities Investment: Insurance Presentation and Data Response Forms of ownership and factors that contribute to the success and failure of a business

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, PAPER 2: BUSINESS ROLES REMEMBER THE FOLLOWING
TIPS SO YOU CAN GET GOOD
TOPIC: Ethics and professionalism MARKS FOR ETHICS AND
Use the mind map as a guide. Ensure that you study the content relevant to each heading PROFESSIONALISM:

, YOU MUST BE ABLE TO
PAPER 2: BUSINESS ROLES ❑ Define/Elaborate on the
meaning of ethical behaviour.

TOPIC: ETHICS AND PROFESSIONALISM Give practical examples of
ethical and unethical behaviour,
e.g., using fair vs. unfair advertising
techniques, etc.
Define/Elaborate on the meaning
of professional behaviour.
Give practical examples of
professional and unprofessional
behaviour, e.g., good use of work
time and abuse of work time, etc.
Outline the
differences/Differentiate/
Distinguish between ethical and
professional behaviour.
Suggest/Recommend ways in
which professional, responsible,
ethical and effective business
practice should be conducted, e.g.,
payment of fair wages, providing
quality goods and services, not
starting a business venture at
someone else's expense, etc.

, PAPER 2: BUSINESS ROLES YOU MUST BE ABLE TO
❑ Explain how businesses
can apply the King Code
TOPIC: Ethics and professionalism principles of transparency,
accountability and responsibility
for good corporate governance to
improve ethical business conduct.
Identify the following
types of unethical business practices
from given scenarios/statements:
o Unfair advertising ;
o Pricing of goods in rural
areas
o Taxation/Tax evasion
Explain how the above-mentioned
types of unethical business practices
pose challenges to businesses.
Recommend/Suggest ways in which
businesses could deal with the above-
mentioned types of unethical
businesses practices.
Identify the following types of
unprofessional business practices
from given scenarios/ statements:
o Sexual harassment
o Unauthorised use of
workplace funds and resources
o Abuse of work time
Explain how the above-
mentioned types of
unprofessional business
practices pose challenges to
businesses.
Recommend/Suggest ways in
which businesses could deal
with the above-mentioned
types of unprofessional
business practices.

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Uploaded on
January 27, 2026
Number of pages
40
Written in
2022/2023
Type
SUMMARY

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