Page 1 of 110
,Distinguishing between management and leadership ______________________________ 14
Different leadership styles _______________________________________________________ 14
Democratic leadership style ___________________________________________________________ 14
Autocratic leadership style ____________________________________________________________ 14
Free Reign leadership style ____________________________________________________________ 15
Charismatic leadership style __________________________________________________________ 15
Transactional leadership style _________________________________________________________ 15
Differences between the democratic leadership style and autocratic leadership style
_________________________________________________________________________________ 16
Application of the five leadership styles in the workplace __________________________ 17
Democratic leadership style ___________________________________________________________ 17
Autocratic leadership style ____________________________________________________________ 17
Free-reign leadership style ____________________________________________________________ 17
Charismatic leadership style __________________________________________________________ 18
Transactional leadership style _________________________________________________________ 18
The impact of the five leadership styles ___________________________________________ 18
The impact of the democratic leadership style _________________________________________ 18
The impact of the autocratic leadership style ___________________________________________ 19
The impact of the free reign leadership style ___________________________________________ 19
The impact of the charismatic leadership style _________________________________________ 20
The impact of the of the transactional leadership style _________________________________ 20
The Different Leadership Theories ________________________________________________ 21
Situational leadership theory __________________________________________________________ 21
Transformational leadership theory ____________________________________________________ 21
Leaders and followers _________________________________________________________________ 22
The role of personal attitude in a successful leadership _________________________________ 22
The Functions of the JSE __________________________________________________________ 23
Factors that should be considered when making an investment decision ___________ 23
Return on investment _________________________________________________________________ 23
Risk __________________________________________________________________________________ 23
Page 2 of 110
, Investment period_____________________________________________________________________ 23
Inflation rate __________________________________________________________________________ 24
Taxation ______________________________________________________________________________ 24
Liquidity ______________________________________________________________________________ 24
Types of investment opportunities and risk factors ________________________________ 25
Stokvels ______________________________________________________________________________ 25
Risk factors ___________________________________________________________________________ 25
Managed portfolio _____________________________________________________________________ 25
Risk factors ___________________________________________________________________________ 25
Venture capital________________________________________________________________________ 26
Risk factors ___________________________________________________________________________ 26
Debentures ___________________________________________________________________________ 26
Risk factors ___________________________________________________________________________ 26
32 Day notice accounts ________________________________________________________________ 27
Risk factors ___________________________________________________________________________ 27
Life insurance policies/Retirement Annuities___________________________________________ 27
Risk factors ___________________________________________________________________________ 27
The impact of the four forms of investment ________________________________________ 27
The impact of RSA (Retail Saving Bonds)________________________________________________ 27
Impact of unit trusts___________________________________________________________________ 28
Impact of shares ______________________________________________________________________ 29
Impact of fixed deposit ________________________________________________________________ 30
Types of shares _______________________________________________________________________ 31
Types of preference shares _______________________________________________________ 32
Participating preference shares ________________________________________________________ 32
Ordinary preference shares/Non-participating preference shares _______________________ 32
Cumulative preference shares _________________________________________________________ 32
Non-cumulative preference shares ____________________________________________________ 32
Redeemable preference shares ________________________________________________________ 32
Non-redeemable shares _______________________________________________________________ 32
Page 3 of 110
, Convertible preference shares_________________________________________________________ 33
Non-convertible preference shares ____________________________________________________ 33
The difference between ordinary shares and preference shares ____________________ 34
The rights of ordinary and preference shareholders ________________________________ 35
The rights of ordinary shareholders ____________________________________________________ 35
The rights of preference shareholders __________________________________________________ 35
Investment concepts _____________________________________________________________ 35
Debentures ___________________________________________________________________________ 35
Dividends _____________________________________________________________________________ 36
Capital gain ___________________________________________________________________________ 36
Simple interest________________________________________________________________________ 36
Compound interest ___________________________________________________________________ 36
Simple VS Compound Interest ____________________________________________________ 37
Insurance concepts ______________________________________________________________ 38
Non-compulsory insurance ____________________________________________________________ 38
Over-insurance _______________________________________________________________________ 38
Under-insurance ______________________________________________________________________ 38
Average clause ________________________________________________________________________ 38
Reinstatement ________________________________________________________________________ 39
Excess ________________________________________________________________________________ 39
Under-insurance and Over-insurance _____________________________________________ 40
Insurance and Assurance ________________________________________________________ 41
The principles of insurance _______________________________________________________ 42
Indemnity_____________________________________________________________________________ 42
Security ______________________________________________________________________________ 42
Utmost good faith _____________________________________________________________________ 42
Insurable interest _____________________________________________________________________ 42
Advantages of insurance for businesses and insurable risks ____________________________ 43
Insurable VS Non-insurable risks _________________________________________________ 44
Page 4 of 110
,Distinguishing between management and leadership ______________________________ 14
Different leadership styles _______________________________________________________ 14
Democratic leadership style ___________________________________________________________ 14
Autocratic leadership style ____________________________________________________________ 14
Free Reign leadership style ____________________________________________________________ 15
Charismatic leadership style __________________________________________________________ 15
Transactional leadership style _________________________________________________________ 15
Differences between the democratic leadership style and autocratic leadership style
_________________________________________________________________________________ 16
Application of the five leadership styles in the workplace __________________________ 17
Democratic leadership style ___________________________________________________________ 17
Autocratic leadership style ____________________________________________________________ 17
Free-reign leadership style ____________________________________________________________ 17
Charismatic leadership style __________________________________________________________ 18
Transactional leadership style _________________________________________________________ 18
The impact of the five leadership styles ___________________________________________ 18
The impact of the democratic leadership style _________________________________________ 18
The impact of the autocratic leadership style ___________________________________________ 19
The impact of the free reign leadership style ___________________________________________ 19
The impact of the charismatic leadership style _________________________________________ 20
The impact of the of the transactional leadership style _________________________________ 20
The Different Leadership Theories ________________________________________________ 21
Situational leadership theory __________________________________________________________ 21
Transformational leadership theory ____________________________________________________ 21
Leaders and followers _________________________________________________________________ 22
The role of personal attitude in a successful leadership _________________________________ 22
The Functions of the JSE __________________________________________________________ 23
Factors that should be considered when making an investment decision ___________ 23
Return on investment _________________________________________________________________ 23
Risk __________________________________________________________________________________ 23
Page 2 of 110
, Investment period_____________________________________________________________________ 23
Inflation rate __________________________________________________________________________ 24
Taxation ______________________________________________________________________________ 24
Liquidity ______________________________________________________________________________ 24
Types of investment opportunities and risk factors ________________________________ 25
Stokvels ______________________________________________________________________________ 25
Risk factors ___________________________________________________________________________ 25
Managed portfolio _____________________________________________________________________ 25
Risk factors ___________________________________________________________________________ 25
Venture capital________________________________________________________________________ 26
Risk factors ___________________________________________________________________________ 26
Debentures ___________________________________________________________________________ 26
Risk factors ___________________________________________________________________________ 26
32 Day notice accounts ________________________________________________________________ 27
Risk factors ___________________________________________________________________________ 27
Life insurance policies/Retirement Annuities___________________________________________ 27
Risk factors ___________________________________________________________________________ 27
The impact of the four forms of investment ________________________________________ 27
The impact of RSA (Retail Saving Bonds)________________________________________________ 27
Impact of unit trusts___________________________________________________________________ 28
Impact of shares ______________________________________________________________________ 29
Impact of fixed deposit ________________________________________________________________ 30
Types of shares _______________________________________________________________________ 31
Types of preference shares _______________________________________________________ 32
Participating preference shares ________________________________________________________ 32
Ordinary preference shares/Non-participating preference shares _______________________ 32
Cumulative preference shares _________________________________________________________ 32
Non-cumulative preference shares ____________________________________________________ 32
Redeemable preference shares ________________________________________________________ 32
Non-redeemable shares _______________________________________________________________ 32
Page 3 of 110
, Convertible preference shares_________________________________________________________ 33
Non-convertible preference shares ____________________________________________________ 33
The difference between ordinary shares and preference shares ____________________ 34
The rights of ordinary and preference shareholders ________________________________ 35
The rights of ordinary shareholders ____________________________________________________ 35
The rights of preference shareholders __________________________________________________ 35
Investment concepts _____________________________________________________________ 35
Debentures ___________________________________________________________________________ 35
Dividends _____________________________________________________________________________ 36
Capital gain ___________________________________________________________________________ 36
Simple interest________________________________________________________________________ 36
Compound interest ___________________________________________________________________ 36
Simple VS Compound Interest ____________________________________________________ 37
Insurance concepts ______________________________________________________________ 38
Non-compulsory insurance ____________________________________________________________ 38
Over-insurance _______________________________________________________________________ 38
Under-insurance ______________________________________________________________________ 38
Average clause ________________________________________________________________________ 38
Reinstatement ________________________________________________________________________ 39
Excess ________________________________________________________________________________ 39
Under-insurance and Over-insurance _____________________________________________ 40
Insurance and Assurance ________________________________________________________ 41
The principles of insurance _______________________________________________________ 42
Indemnity_____________________________________________________________________________ 42
Security ______________________________________________________________________________ 42
Utmost good faith _____________________________________________________________________ 42
Insurable interest _____________________________________________________________________ 42
Advantages of insurance for businesses and insurable risks ____________________________ 43
Insurable VS Non-insurable risks _________________________________________________ 44
Page 4 of 110
