Term 3 Business Studies Grade 11 Notes pdf Download
Term 3 Business Studies Grade 11 Notes pdf Download per Topics
Here are the topics and corresponding subtopics for Term 3 of the Grade 11 Business Studies curriculum that students should focus on:
Assessing Entrepreneurial Qualities in Business Notes
Assessing Entrepreneurial Qualities in Business:
- Understanding the importance of entrepreneurial qualities in businesses.
- Evaluating businesses based on their entrepreneurial qualities like risk-taking, perseverance, and efficient management.
- Critical analysis of a business venture to identify success factors and areas requiring improvement.
- Uncovering the attributes that contribute to the success of a business, such as sustainability, profitability, customer base, and more.
- Pinpointing potential areas of improvement to enhance the business’s performance.
Transforming a Business Plan into an Action Plan Notes
Transforming a Business Plan into an Action Plan:
- Comprehending the process of converting a business plan into a detailed action plan, individually or in a team setting.
- Utilizing planning tools like Gantt charts or work breakdown structure (WBS) to structure timelines and assign responsibilities.
Starting a Business Venture Based on an Action Plan Notes
Starting a Business Venture Based on an Action Plan:
- Understanding the steps to initiate and set up business ventures for income generation, drawing from a well-defined action plan.
- Gaining knowledge on acquiring funding for the venture, which might include equity capital, loans, debt, and other potential sources of capital.
Presentation of Business Information Notes
Presentation of Business Information:
- Learning to present business-related information accurately and succinctly in both verbal and non-verbal formats, including tables, graphs, and diagrams.
- Mastering the design and layout of the presentation using different visual aids.
- Developing skills in writing reports, business plans, business information, and analysis.
- Training on how to respond professionally and non-aggressively to questions and feedback on work and presentations.
Understanding Team Stages, Dynamics Theories, and Conflict Management Notes
Understanding Team Stages, Dynamics Theories, and Conflict Management:
- Grasping the stages of team development: Forming, Storming, Norming, and Performing.
- Delving into conflict management, including the definition of conflict, common causes of conflict in businesses, and understanding conflict management.
- Cultivating conflict management skills to resolve differences in various business situations.
- Reviewing and reinforcing previously learned concepts to strengthen understanding and retention.
- Gaining insights into how to maintain control over various aspects of a business.
- Preparing for the Controlled Test 3 by understanding key concepts, honing skills, and internalizing essential business values.
By focusing on these areas, students can deepen their understanding of business concepts, improve their entrepreneurial thinking, and hone their problem-solving skills.
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Business studies, presentation of business, information, this chapter consists of 8 pages, table of contents, topics pages, exam guidelines for presentation of business, information, terms and definitions 2, the importance of presenting business, information., difference between verbal and non-verbal, presentation, types of visual aids 3 - 4, guidelines on how to prepare transparencies/, slides, posters, and handouts, factors that the presenter must consider when, designing a presentation, reasons why business presentations must be, in a written format, types of written information 6 - 7, steps in report writing. 7, guidelines on how to critically analyse a, business report and recommendations for, improvement., factors that must be considered when, composing a flyer, handling feedback in a non-aggressive and, professional manner after a presentation, 1 the importance of presenting business information, the business information needs to be presented to be made available to, employees/stakeholders., business information enables management to:, o provide stakeholders with the information to make strategic, tactical and operational, o ensures success, transparency and smooth running of the business., o assist management in making decisions., o provide information on financial statements/investigations/disputes/new policies etc., o persuade management to implement a strategy., o identify trends in the market and anticipate challenges, o devise strategies to deal with the challenges, 2 difference between verbal and non-verbal presentation, verbal presentation non-verbal presentation, exchange information using oral, presentation/spoken, communicate by means of printed media, information can be heard communication can be read., information cannot be stored information can be stored, examples: video conferencing, workshops,, seminars, conferences, public speaking etc., examples: written reports, handouts, charts,, slides etc., 3 types of visual aids, a set of facts/figures systematically displayed, especially in columns., they are usually used to compare or contrast different things or ideas., 3 .2 graphs, these are visual illustrations to provide information in a clear and concise way., two-dimensional drawing showing a relationship between two set of variables by means of a, line/curve/bars, these can be inclusive of types of graphs such as line graphs/bar graphs/pie graphs etc., information in the graphs requires interpretation and comparisons must be made to see, relationship between different sets of data., 3 .3 diagrams, a drawing showing the appearance/structure/workings of data in a schematic representation., diagrams and illustrations are used for making verbal descriptions clearer., they are used to advertise something or act as a reminder of something., they are effective when they are bold and eye catching., 3 .5 hand-outs, printed information provided to the audience to accompany a presentation., people attending a verbal presentation prefer to handouts at the end of the presentation to, remind them of the key points of the presentation., 3. 6 data projector, a slide projector that is used to display images to an audience., it is usually used for large audiences., 3. 7 powerpoint, a collection of pages arranged in a sequence that contain text and images for presenting to, an audience., video clips can provide variety and capture the attention of the audience., 3. 8 interactive whiteboards/smartboards, an interactive display in the format of a white board that reacts to user input either directly or, through other devices., it is useful to note down the most important points before or during a presentation., useful to capture feedback and new ideas., 3 flip charts/white boards, a large pad of paper, bound so that each page can be turned over at the top to reveal the, next page, used on a stand., additional notes that was added during the presentation can be captured on computer after, the presentation., 4 guidelines on how to prepare transparencies/slides, posters, and, 4 guidelines on how to prepare transparencies/slides, start with the text/headings, use keywords instead of full sentences, use legible font and font size., limit the amount of information on each slide., avoid too much writing and complicated graphs, choose images that may help to communicate the message., include graphics., keep slides/images/graphs simple., make sure there are no grammatical/spelling errors., use bright colours to increase visibility., structure information in a logical sequence., 4 guidelines on how to prepare posters, make use of headings, make sure all relevant information appears on the poster, use bright colours to enhance visibility, use short phrases instead of full sentences, make use of pictures, posters must be bold, creative and easy to read, they must have essential details and clearly summirised, get the intended message across strongly, 4.6 business plans, these are a written document describing the nature of the business, the sales and marketing, strategy and the financial background., they help present the business’s goals and objectives to all stakeholders., 4.6 business analysis, this is a method of investigating all aspects of a business in order to assess its prospects., it presents an established business’s information and development to all people in the, 5 steps in report writing, define the purpose of a report and who will be reading it., be aware of who the reader of the report will be., do research in order to gather data, plan the report structure e. title, contents page, introduction, body and conclusion, prepare a work plan, start early and allow time for brainstorming and preliminary research., clearly display the topic of the report at the top of the page., put together the first draft of the report, print the first draft and read sometime later., ensure the information presented is useful to the decision-making process, organise and rewrite your material, prepare visual aids to help convey the information, ensure the report is accurate and to the point., balance the quality of information by being specific and straight to the point., anticipate the audience and issues, it could be distributed to people whom it was not, write the executive summary., reread the whole report to check for spelling, grammar and layout mistakes., 6 guidelines on how to critically analyse a business report and, recommendations for improvement, factors to consider when analysing a, business report, recommended improvement, does it only contain relevant information remove irrelevant information, is the aim of the report achieved make necessary adjustments in line with the, aim of the report, is the language and terminology used at the, level of the people using the report, make use of language expert to make, changes to the report, determine if the report is useful. adjust the report by using a small sample to, have access to the report and to make, recommendations, determine the credibility of the report improve the report by making use of credible, research material, determine if the diagrams, tables etc used, are adding value to the report or just filling, only use diagrams, tables etc if it is offering, additional info, 7 factors that must be considered when composing a flyer, define the purpose of the flyer/central message of the flyer, write a title that will attract the reader’s attention, use graphics to attract attention/ be creative and use interesting images, focus on the benefits of the products/services, identify points clearly/do not use many words, main details much in large print, keep it simple with white space, use text boxes if space allows, check your spelling, let someone proofread the contents before it goes to print, use bright paper and black text if budget does not allow for colour printing., offer a discount on the product or service., 8 handling feedback in a non-aggressive and professional manner after, a presentation, note/write down the questions asked to be able to respond correctly., be polite, confident and courteous/humorous., address questions in an orderly manner., listen to the whole question and then respond., respond honestly and as best as you can, encourage questions from the audience., repeat the question so that so that everyone can understand the basis of your response, acknowledge good questions to motivate audience to ask more questions., rephrase questions if uncertain and if you do not know the answer then admit, limit question time so that it does not make you go over your time limit., remain professional, polite and calm, pause and consider your answer before responding, apologise for the error that you have made, always address the questions and not the person/address questions in an orderly manner, be assertive when answering questions and avoid being aggressive, do not make a second presentation when answering a question.
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Subject : Business Studies
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