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Summary Problem Solving Matric IEB Business Studies Notes $4.84   Add to cart
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Summary Problem Solving Matric IEB Business Studies Notes

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  • Course
  • Business Studies
  • Institution
  • 12th Grade

The notes seen attached, provide an in depth summary of the Problem Solving section of the Business Studies syllabus required by the IEB. These notes have been used to successfully complete the NSC final examinations, confidently and with ease.

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Document information

  • January 8, 2023
  • 4
  • 2022/2023
  • Summary

Subjects

  • problem solving
  • strategies
  • business studies
  • pestle
  • matric
  • grade 12
  • ieb

Written for

  • 12th Grade
  • Business Studies
  • 200
All documents for this subject (430)

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Problem Solving
Problem Solving
➔ Problems are challenges that are yet to be solved.

➔ There are predictable challenges (Eg, rapid growth of a business) and

unexpected problems (Eg, natural disaster).


Problem-solving Techniques

1. Pros and Cons chart

This technique involves the weighing up of pros and cons. In order to weigh the
pros and cons:

● Allocate a ranking of importance and then identify which has the most
important pros. (most important=A and least=F)
● Score each aspect on a scale from 1-5.
2. Swot Analysis

This analyses the macro, market and micro environment.




3. PPEESTLE

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