Business studiesResources
Description
Business Studies deals with the knowledge, skills, attitudes and values critical for informed, productive, ethical and responsible participation in the formal and informal economic sectors. The subject deals with business principles, theory and practice that underpin the development of entrepreneurial initiatives, sustainable enterprises and economic growth.
Why is Business Studies an important subject?
The subject intends to build the capacity of learners towards being informed, imaginative, participative, contributing and reflective business practitioners who can dynamically perform a range of interdependent business operations. The development of business roles will put learners in a position where they are able to effectively apply knowledge and skills to analyse and deal with different business environments, to initiate and carry out business ventures and successfully carry out business operations.
What is the subject about?
Business Studies builds learners’ capacity for promoting excellence and contributing towards sustainable business enterprises. It embraces constitutional goals and objectives through promoting accessible, legitimate entrepreneurial business opportunities. The subject also provides opportunities for learners to consider present-day challenges within the enabling South African policy framework. Skills such as decision-making, problem solving, creative thinking, systems thinking and effective communication in a competitive and constantly changing environment are critical to this subject.
This subject has the following core features:
Business Environment
This feature focuses on the different elements of the macro, micro and market business environments, as well as the complex and diverse nature of business sectors.
Business Ventures
This feature focuses on the development of important factors that contribute towards the creation of sustainable business enterprises. A key feature is the development of creative entrepreneurs who can identify and responsibly pursue productive business opportunities.
Business Roles
This feature covers the essential roles that learners need to perform in a variety of business contexts.
Business Operations
This feature should equip learners with the knowledge and skills to effectively manage essential business operations such as human resources, public relations, marketing and production within the context of relevant legislation and contemporary issues.
How will this subject help a learner to get into the world of work or further studies?
Business Studies equips learners with a sound foundation to participate in business, commerce and management studies, or to enter business or create employment for themselves and others
