Grade 12
Business Studies
0/8 Topics completed
Impact
- 01LegislationLabour and consumer laws, including the BCEA, LRA, Employment Equity Act, skills-development law, COIDA, CPA and NCA, set duties a business must meet.
- 06Human rights, inclusivity and environmentBusinesses have to respect human rights, practise inclusivity, and take responsibility for environmental harm in how they actually operate.
Functions
Ethics
Strategy
- 04Creative thinkingForce-field analysis, the Delphi technique, the nominal group technique and brainstorming are structured ways to think, not motivational slogans.
- 05Business strategiesStrategy choices include integration, intensive growth and defensive moves: buying along the chain, selling more or something new, or cutting back.