Business Studies Grade 12 – Term 2 Notes for Revision

Business Studies Grade 12 – Term 2 Notes for Revision

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Business Studies Grade 12 – Term 2 Notes for Revision

Business Studies Grade 12 – Term 2 Notes for Revision Notes for Review: Business Studies, Grade 12, Term 2: Welcome to the Grade 12 Business Studies Term 2 Revision Notes! This thorough manual is intended to make it easier for you to understand and succeed in your business studies course. In-depth discussions on a variety of issues, such as team performance assessment, conflict management, problem-solving, business sectors and their environments, leadership and management, quality of performance, investment in securities, and investment in insurance, will be had as you begin this journey.

You will learn about conflict resolution strategies, how to handle challenging coworkers, and insights into the complexities of team dynamics in this manual. Along with understanding the subtle distinctions between leadership and management styles, you will also delve into the many business sectors and their particular problems. You’ll also learn about numerous financial alternatives and insurance concepts, as well as the significance of quality management systems.

By the end of this revision, you will have a firm grasp of the key ideas covered in Business Studies Grade 12, giving you the knowledge and confidence you need to succeed in both your academic and professional endeavors. Don’t pass up the chance to put your knowledge to the test with our Business Studies Grade 12 May-June Mid Year Exam Question Papers with Memorandum. So let’s plunge into this fascinating realm of business studies and set out on a successful adventure!

Topics for Business Studies Grade 12 Term 2 Revision

Team Performance Assessment, Conflict Management, and Problem-Solving

  • Team performance assessment 
    • Four criteria & characteristics for successful teams
    • Five stages of team development
    • Importance of team dynamics theories
  • Conflict resolution 
    • Causes of conflict
    • Conflict resolution techniques/steps
  • Dealing with grievances and difficult people 
    • Differences between grievance & conflict
    • Dealing with SIX types of difficult personalities
    • Dealing with difficult employees in the workplace

 Business Sectors and their Environments

  • Three types of business sectors
  • Classification of challenges according to the THREE business environments

Leadership and Management

  • Differences between management & leadership
  • Application of FIVE leadership Styles
  • Impact of democratic and autocratic leadership styles
  • Impact of Styles Liassez-Faire/free reign, charismatic & transactional
  • Leadership theories
  • Role of personal attitude in success and leadership

Investment – Insurance

  • Non-compulsory insurance
    • Meaning of non-compulsory
    • Meaning of FOUR insurance concepts, differences, and examples
    • Insurable & non-insurable risk
    • Four principles of insurance
    • Calculations of the average clause
    • Advantages of insurance for businesses
  • Compulsory insurance 
    • Meaning of non-compulsory
    • Types of compulsory insurance
    • Types of benefits paid by the UIF
    • Differences between compulsory & non-compulsory

How to Pass Business Studies Grade 12 with distinctions

One of the most significant accomplishments in your academic career is passing matric. It provides access to a wide range of post secondary options and employment possibilities. Use our best study advice to complete your matriculation, and you’ll succeed with flying colors.

READ => How to get your matric results step by step

  1. Attend class 
  2. Ask questions 
  3. Make notes 
  4. Study 
  5. Practice 
  6. Study groups 
  7. Extra class 
  8. Motivation 
  9. Complete assessments 
  10. Prepare for the Exams in due time

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