MODULE: BUSINESS MANAGEMENT 1A (GNBM115X_DL)
Understand Business with Confidence
Build a strong foundation in entrepreneurship, business management and the South African business world. This module introduces students to how businesses work, what opportunities exist, and how private enterprises are managed effectively
Duration
Credits
NQF Level
Delivery Mode
Assessments
20 weeks, including all assessments
15
NQF 5
Distance Online
Test, assignment, ICE and examination
Business Management 1A introduces students to entrepreneurship and the South African business world. Students will learn how businesses work, what opportunities exist, and how private enterprises are managed effectively.
The module also helps students understand the importance of productivity and how to apply this in both their work and personal lives. As one of the core modules across the BCom qualification family, Business Management 1A supports students in developing the critical thinking, problem-solving and entrepreneurial skills needed within any business environment.
This is one of the first four modules you need to complete to be able to select either the Bachelor of Commerce in Accounting, Bachelor of Commerce in Marketing or the Bachelor of Commerce.
By introducing students to entrepreneurship, management, planning, organising, leadership and control, the module helps them build the critical thinking, problem-solving and entrepreneurial skills that are essential within any business environment
By the end of this module, students will be able to:
- Understand the concepts of the business world, business management, and the essential role of business in society.
- Understand entrepreneurship and the profile of a successful entrepreneur.
- Explain and analyse the different forms of enterprise ownership found in South Africa.
- Explain the importance of the correct geographical location of a business.
- Give an overview of the role of general management in businesses and summarise the definition of management.
- Identify the benefits and costs of planning, and discuss the need for managerial goals and plans.
- Discuss the importance of organising and describe its fundamental elements.
- Explain the nature and components of leadership, and differentiate between leadership and management.
- Explain the purpose of control and illustrate the control process.
HOW YOU WILL LEARN
Primary Learning Materials
As soon as students register, they can order their prescribed book from WizeBooks, who will deliver it to their door at competitive prices. Everything else they need is available online on myNGI, the virtual learning environment.
Additional Learning Materials
Additional module resources and learning support material will be
available on myNGI, NGI’s virtual learning environment.
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