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Business studies summary- IEB Grade 12 $14.77   Add to cart

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Business studies summary- IEB Grade 12

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These notes helped me to achieve 91% for my business studies final. These notes include the most important concepts that you will need to know in order to achieve what you want to in business. These notes summarise the entire matric syllabus and are easy to understand.

Last document update: 1 year ago

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BUSINESS STUDIES
GRADE 12 NOTES

, •
business environments
macro :
-

no control
-

eliminate threats -1 capitalize onopps
tools :
1) enviro scan
2) SWOT analysis
3) PEZSTLE
process :



scan for issues consider opps -1 threats use PESTLE to identify 0+-1

environmental scan :
identify factors __
impact business + adjust plans to deal
political environment economic social 11111 factors
-

gov interfere -

protection
-

growth -1 develop -

ages
political stability inflation
-
diseases
prevent
-




education
- _




interest
negative
_



political ties
-



unemployment
-
-




media freedom exchange
-




consequences safety
-
-




attitude of
-

unemployment -

pollution
wealth / Poverty
-




politics taxes
- _
-




-
women
technology legal ethical
-

social media -

labour leg
-

if decisions
-
automation -

fairtrade
_

protect cons
online money ask
-
-




transfer
-


environment
employment
_




-
Epossf
-

criminal just privacy
production -
tax , health -1

-
innovation safety

market :

tools :

-

enviro scan
-
SWOT @ +T)
-

porters 6 forces
process :



identify issues > consider 0+-1 > specific 0+-1 W/ Porters




fain
current comp new entrants substitute supplier power
-
size finances
+ -

negotiate WI -

different
_

time , Place ,
-

market share -
management product , Quantity , Price
brand loyalty Patent
develop -1m aint
-




same need
-




pricing advertising
.
-



relationship
-




convenience
-

indirect
legislation
-
-


stock availibili
_


[◦ MP
-

trading hours tax on goods ty
_
-


-
customer 10.4dL
( local )
-
price reduction
lementdY
type of product
-




interrelated
-




brand 104dL
-


Uses of
-
price Products
sensitivity

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