Summary BUSINESS STUDIES NOTES MATRIC - entire syllabus

SUBTOPIC HEADINGS PAGE UNDERSTANDING

MACRO ENVIRONMENT ENVIRONMENTAL SCAN



SW01 ANALYSIS



PESTLE ANALYSIS


MARKET ENVIRONMENT POWERS 6 FORCE MODEL



MICRO Environment 8 BUSINESS FUNCTIONS

,PART OF EXTERNAL ENVIRONMENT
= BUSINESS HAS NO CONTROL OVER EVENTS


> DESIGN STRATEGIES 70 ADAPT TO SITUATION



MICRO ENVIRONMENT EVENTS MAY INFLUENCE EX7 .
ENVIRONMENT
EG i °
STRIKE = ECONOMIC EFFECT

I
•

EMPLOYING REIRENICHING = UNEMPLOYMENT RATE


OPERATIONS PHYSICAL
•
BUSINESS = ENVIRONMENT




TOOLS USED TO H0W Bus REACIS 10 ELIMINATE THREAD 3) CAPAIALISE ON OPP .




> ENVIRONMENTAL SCAN

SWOT ANALYSIS
PE25-1LE ANALYSIS


COMPETITIVE ADVANTAGE i EDGE OVER

CUSTOMERS OR IN MARKET OR COMPE ) .




=
MORE PROFIT BY SE4 1NU FOR MORE




IDENTIFY FACTORS MAY IMPA BUSINESS t DEVELOP / ADJUST PLANS TO DEAL W EVENTS

>
USED IN ALL ENVIRONMENTS




SCAN MACRO ENVIRONMENT TO IDENTIFY ISSUES




SWOT ANALYSIS -
OT7 2EG EXCHANGE RATE = T To PROFITS
PESTLE -
OTT SPECIFIC




↳5 THREAD t OPPURIUNIILES
a
Business
for
g
g. 9

, POLITICAL
situation local 31 international
•
political
LEGAL : political make laws > 1994 Broad Based BEE
• link to party

THE CONSTITUTION : BILL OF RIGHTS PUBLIC ADMINISTRATION MUNICIPALITIES
°
, , PROVINCIAL Gov
,


'
FREE MARKET SOCIALISM
G0U INTERFERENCE :
,

•
POLITICAL STABILITY × BU51 CONFIDENCE b
CABIN E) SHUFFLED UNNECESSARY PRAVIN GORDHAN (2015-17)
• FREEDOM OF SPEECH : Gov CRIIISISM


EFF BANKS t MINES
POLITICAL PARTIES : WANTING To NASIONALISE
- Ah )vDE
, OF


'
GOV TENDERING CONTRACTS




ECONOMIC
• ECONOMIC GROWTH t DEVELOPMENT RATES STANDARD OF LIVING



RATES : t INFLATION = VALUE FOR MONEY
INFLATION
-
•




•
INTEREST RATES MONEY FROM
i Borrow BANK


RATES
-



EXCHANGE


UNEMPLOYMENT at
'

PROFIT



TAXES IMPORT DUTIES ,
'
: INCOME UA7 CGT
, ,




E) HILAL
ACTIONS
PRINCIPLES / VALUES - ACCEPTABLE


•
ETHICAL vs LEGAL -
MAY BE UNETHICAL + LEGAL



•
FAIR TRADE -
RESPECT t 7RAspARENC4 t
NO EXPLOITATION


BACK 70 COMMUNITY
•
CSR -
RESPONSIBILITY 70 SHAREHOLDERS VS GIVING

ENSURE NO BROKEN REGULATION
COMPUTERS 70
PRIVACY us BUSINESS µµ+ , TO ACCESS
•
EMPLOYEE

, SOCIAL SOCIO-ECONOMIC
IMPACT SOCIAL TRENDS HAVE ON ECONOMY t ROLE PLAYERS IN ECONOMY

MEDIA MARKETING t SALES TA Ics
SOCIAL
Ey
• AVG AGE OF POPULATION • CRIME 3) PERSONAL SAFETY
LIFE EXPECTANCY
MORE HEALTH condos Pow 10N t RECYCLING
BECOMING . AWARENESS Of



•
SINGLE PARENTS
• DISTRIBUTION OF WEALTH / POVERTY
T13 MALARIA
•
HIV/AIDS , ,



°
LITERACY ROLE OF WOMEN IN SOCIETY
• CHANGING


• UNEMPLOYMENT RAIEJ




TECHNOLOGICAL
EQUIPMENT BUSINESS USES TO BUY ,
MAKE
, ADVERTISE t SELL



• SOCIAL MEDIA


• LESS USE OF LOWER -
SKILLED LABOR
AW76 MANON
-




•
/ ELECTRONIC FUNDS TRANSFER
INTERNET BANKING


•
EPOSSE -
electronic point of sales
scanning equipment
•
PRODUC) Innova > ion
- RESEARCH 31 DEVELOPMENT ( R31 D)

LEGAL
LAWS THAT IMPACT BUSINESS
ALL


:
t⑧
CRIMINAL JUSTICE -
PIRACY 3)
• LABOUR LEGISLATION
i RIP - OFFS
Aus
-
LABOUR RELATIONS
-
BASIC CONDITIONS OF EMPLOYMENT BUSINESS
• REGISTERING ,
TAX LAW ,
BBDEE
-




DEALING W/ FOOD
-
SKILLS DEVELOPMENT
-
OCLUPA ) IONAL HEALTH 3) SAFETY A
• PROTECT ENVIRONMENT

A- GAINS ) EXPLOITATION 3) POLLUTION
:
• PROTECT CONSUMER

CPA
-




-


CREDIT AC7




ENVIRONMENT
PREVENT NEG .
CONSEQUENCES : GLOBAL
ENVIRONMENT
-


TO PROTECT
GROWING AWARENESS
>
CHANGES IN WEATHER PAIIERNS
WARMING t

HIGHER TAXES
HYBRID CARS
PRODUCTS : RECYCLING, ,

TOWARDS ECO FRIENDLY
• MOVEMENT