Summary Business Studies Grade 12 Term 2 Summaries

Busin
Stud
Grade
Term
Summa

, Management &
LEADERSHIP
Business Studies: Grade 12 Term 2




1. Define management
Learning 2. Define leadership
outcomes
3. Differentiates between
4. Leadership styles
5. Democratic vs Autocratic
6. Leadership styles impact
7. Leadership applications
8. Leadership theories
9. Successful leadership

,Leadership
influence
guide
inspires
and motivates




Management
planning
organising,
leading,
and controlling

, Differentiate
Leadership Management
1. Leads by inspiring 1. Manages by authority
2. Guidance for employees 2. Instruct employees
3. Promotes creativity 3. Promotes productivity
4. Focuses on vision 4. Focuses on targets
5. People orientated 5. Task orientated
6. Influence actions 6. Controls actions




Leadership styles
Laissez-Faire

Autocratic Charismatic



Democratic Transactional