- To understand the application of ethical theory in the context of the petrol station and forecourt industry.
- To complete a PESTLE analysis with application to the petrol station and forecourt industry.
- To complete a Porter’s 6 Force analysis with application to the petrol station and forecourt industry.
- To describe the purpose of individual business functions in the context of the petrol station and forecourt industry.
- To decode questions that require strategy development.
- To determine the appropriate use of various strategies.
- To understand the application of labour legislation theory in the context of the petrol station and forecourt industry.
- To understand the application of human capital theory in the context of the petrol station and forecourt industry.
- To understand the application of ethical theory in the context of the petrol station and forecourt industry.
- To understand the application of insurance theory in the context of the petrol station and forecourt industry.
- To understand the application of investment theory in the context of the petrol station and forecourt industry.
- To understand the application of corporate governance theory in the context of the petrol station and forecourt industry.
- To formulate a focused strategy for business report writing.
- To apply the concept of environmental scanning critically.
- To formulate business strategies.
-
Introduction to the Syllabus00:05:15
-
Business Functions - Application to the Micro Business Environment00:05:15
-
The Market Business Environment – Porter’s 6 Force Analysis00:10:24
-
PESTLE Analysis00:15:07
-
Stakeholders00:08:55
-
Strategies to Overcome Challenges00:14:39
-
Performance Management00:09:08
-
Marketing00:16:59
-
Branding00:05:38
-
Franchising00:09:26
-
Corporate Social Responsibility and Corporate Governance00:13:19
-
Entrepreneur as a leader and manager00:09:00
-
Professionalism and Ethics00:04:46
-
Human Capital00:10:11
-
Labour Legislation00:21:43
-
Industrial Relations00:21:19
-
Investment and Insurance00:20:28
-
Approaching the Exam - Section A and B - Video100:09:30
-
Unpacking business report - A focus on finance - Video200:04:03
-
Unpacking business report - A focus environments and theme integration - video300:13:50
- Business Studies Textbook
- Space for notetaking
The Business Studies MasterClass Series was produced to highlight, clarify and refine some of the most important concepts as described in the Subject Assessment Guidelines (SAGs) for Business Studies.
A key focus has been to ensure that the theory is contextualised in terms of the 2021 theme “General Retailers”. Theories are highlighted, explained where necessary and then linked to the context via real life examples.
In each of the videos in the Series, tips are given on how to deal with different types of questions; they also mention common mistakes made by students and how to rectify these. The theory is linked to each of the different sections of the exam and suggest strategies that can help in the preparation for the examinations.
A key objective of the Business Studies MasterClass Series of videos has been to help students gain a more in-depth understanding of the subject matter and assist them in the application of theory to the different contexts and scenarios of the world of business.
Natasha Fouché completed a BComm Degree at Rhodes University, majoring in Economics, Management and Law. She then went on to complete a PGCE with Business Studies, EMS and Mathematical Literacy as her methods. After completing her practical teaching at St Andrew’s College in Grahamstown she went on to complete her Honours in Management.
After studying, Natasha took up a position at Rhodes University as a junior lecturer and coordinator of an academic literacy project. She then moved back to teaching, taking up a position at St Andrew’s College teaching Business Studies, Mathematical Literacy and Accounting. Natasha was appointed to the position of Director of Community Engagement and managed various community based partnerships.
Natasha moved to Johannesburg after accepting a position as Head of Department at Redhill School. She teaches Business Studies (IEB) as well as Business Management (International Baccalaureate) and is passionate about making the syllabus content come to life. Natasha has been an IEB Grade 12 Business Studies Examination marker for the past seven years and is also an IEB Business Studies Regional Moderator.
Natasha is the Acting Head of Academics at Redhill School. Natasha also fulfils the role of Award Leader for The President’s Award and First Aid Club Coordinator at Redhill School, which creates a space for her to contribute directly to Redhill School’s value of Care and help foster a commitment to the service of others. She is passionate about education and believes in encouraging a sense of entrepreneurship in the youth.
Write a public review