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Summary G10 IEB Business Micro-Environment Notes

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This document offers a concise summary of the first 30 key points on the micro environment in Business Studies, tailored for South African curricula. It includes clear explanations of components such as vision, mission, goals, organisational culture, structure, resources, and management styles. Ideal for revision and exam preparation, the content simplifies complex terms with practical examples and is relevant for high school or introductory business students. Keywords: vision and mission business goals organisational culture management styles leadership impact organisational structure organogram business functions human resources marketing and PR finance and admin production and purchasing general management

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Components and features
immediate env in which a business functions
most direct impact on the business

Vision Mission Goals and Objectives
success depends on a business strategies and plans

Vision The dream you want to achieve
eg to be the biggest and most
preferred beauty salon in Soweto
Mission Gives clear direction on how you intend
to achieveyour vision
eg.to always provide excellent customer
service

goals long term plans of what you want to achieve
eg a client base of 500 in 5 years
objectives Sahghteuterm plans of what you want to
eg To employ another beautician
by the end of the month


Organisational culture
The way the company goes about doing business
staff
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The morals ethics of the business play a large
role in determining the culture

Document information

Schooljaar
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Uploaded on
June 19, 2025
Number of pages
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Written in
2023/2024
Type
Summary
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