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Class notes Mathematics and business studies Economic Principles

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2023/24 ANNUAL TEACHING PLANS: BUSINESS STUDIES: GRADE 11

2023/24 ANNUAL TEACHING PLANS: BUSINESS STUDIES: GRADE 11 (TERM 1)

TERM 1 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8
15-17JAN 20-24 JAN ‘25 27-31 JAN ‘25 3 -7 FEB ‘25 10-14 FEB ‘25 17-21 FEB ‘25 24-28 FEB ‘25 3-7 MAR ‘25
‘25
CAPS TOPICS INFLUENCES ON, AND CHALLENGES OF THE ADAPTING TO IMPACT AND CHALLENGES BUSINESS BENEFITS OF A COMPA
CONTROL FACTORS RELATING BUSINESS CHALLENGES OF CONTEMPORARY SECTORS VERSUS OTHER FORMS
TO THE BUSINESS ENVIRONMENTS BUSINESS SOCIOECONOMIC ISSUES ON OF
ENVIRONMENTS ENVIRONMENTS BUSINESS OWNERSHIP
OPERATIONS

CORE Ways to be involved in business The challenges of the micro How a business constantly The impact of contemporary The links between • The benefits and
CONCEPTS, environments if beneficial to (internal), market and macro needs to adapt to the socio- economic issues on various primary, challenges of
SKILLS AND business: (Recap components of business environments challenges of the micro business operations, and their secondary, and tertiary establishing a company
VALUES business environments) • Challenges of the (internal), market and macro challenges, decisions for specific enterprises versus other forms of
Micro environment microenvironment business environments business situations Examination of the links ownership (including
The business vision, mission • Challenges of the market • Ways in which a business • The impact of contemporary between: taxation issues)
statement, goals and objectives, environment can adapt to challenges of the socio- economic issues on - Primary sectors • Recap the
organisational resources, • Challenges of the macro business environment, and business operations and - Secondary sectors characteristics,
management and leadership, eight environment whether this is to the benefit of productivity, e.g. income, advantages, and
- Tertiary sectors
functions and activities of the the business inflation, social, cultural and disadvantages of the
business - Information management, demographic issues, economic forms of ownership
Market environment strategic responses, crime, population growth, • The benefits and
mergers, takeovers, illiteracy, lack of skills, challenges of
The consumers/customers,
acquisitions and alliances, unavailability of natural establishing a company
suppliers, intermediaries,
organisation design and resources, inefficiency in the use versus other forms of
competitors, other organisations/civil
flexibility, direct influence of of resources, dumping, ownership i.e. sole
society (e.g., community-based
the environment and social exhaustion of natural resources, trader, partnership, co-
organisations – CBOs, non-
responsibility Lobbying, piracy, strikes operatives, (including
governmental organisations –
NGOs, regulators, strategic allies, networking and power taxation issues)
and unions) relations Possible business • Formation of
Macro environment - Lobbying, e.g. hedging solutions/contributions to deal companies
against inflation, with the piracy: • The company’s charter –
The physical/natural
bargaining sessions • The nature and definition of Memorandum of
environment/economic
between management and each intellectual property right Incorporation
environment/social, cultural, and
unions, influencing - Copyright • Name of the company
demographic
supervisory - Patent incorporation and
environment/technological
body/regulators, etc. commencement of the
environment/legal and political - Trademark
environment/international/global - Networking, e.g. finding new company
- Investigation of
environment/institutional customers etc. • Prospectus
developments in industrial
- Power relationships e.g.
environment relations that relate to
strategic alliance
Examination of control factors, e.g. contemporary
agreements, persuasion of
more control over micro environment, business practice
large investors, company
less control over market - Labour strikes, go- slows, and
representatives’ influence, etc.
environment and no control over lockouts
macro environment - Labour Relations Act (nature and

, 2023/24 ANNUAL TEACHING PLANS: BUSINESS STUDIES: GRADE 11

TERM 1 WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6 WEEK 7 WEEK 8
RESOURCES Grade 11 Bus Studies notes, 2020 paper 1 & 2 exemplars, past question papers, telematics video etc.
(OTHER THAN
TEXTBOOK)
TO ENHANCE
LEARNING
INFORMAL Section A-type questions, contextual questions: direct and indirect questions including scenarios and case studies and essay questions
ASSESSMENT
SBA (FORMAL TASK 1: Case study TASK 2: Control test 1
ASSESSMENT) Marks: 50 Covering at least 4 sub-topics as per the ATP in term 1 topics Marks: 100 controlled test must cover at least 5 topics
Complete: Assessment framework & cognitive levels g
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