Business Studies

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Business Studies

Grade 11 Study Guide

C. Chaplin, E.L. Llewellyn, P. Bean, M. Kleyn, A. Marx,
T.D. Kotze, T.R. Maliehe

, C. Chaplin




Business Studies
Grade 11




ISBN: 978-1-41546-301-7

,Contents

Introduction to Business Studies 5


Term 1
Introduction 6

Topic 1 Influences on the business environments 7

Questions and answers 12

Topic 2 Challenges of the business environments 15

Questions and answers 23

Topic 3 Adapting to challenges of the business environments 26

Questions and answers 34

Topic 4 Contemporary socio-economic issues 37

Questions and answers 42

Topic 5 Business sectors 44

Questions and answers 48

Topic 6 Benefit of a company over other forms of ownership 50

Questions and answers 62

Topic 7 Avenues of acquiring a business 67

Questions and answers 74




2

, Term 2
Introduction 77

Topic 1 Creative thinking and problem-solving 78

Questions and answers 85

Topic 2 Stress and crisis management 87

Questions and answers 93

Topic 3 Transforming a business plan into an action plan 94

Questions and answers 98

Topic 4 Setting up or starting a business 100

Questions and answers 104

Topic 5 Professionalism and ethics 105

Questions and answers 108

Topic 6 Presentation of a business plan 109

Questions and answers 115



June exam and memo 117


Term 3
Introduction 132

Topic 1 Entrepreneurial qualities and success factors 133

Questions and answers 136

Topic 2 Citizenship roles and responsibilities 137

Questions and answers 141

3