Grade 7 EMS Term 3 Summary
About this resource
Help your Grade 7 learner prepare for Term 3 EMS with this colourful, easy-to-follow CAPS-aligned study summarycovering Entrepreneurship and Starting a Business.
Topics covered include:
- Characteristics and skills of an entrepreneur
- Entrepreneurial actions
- Formal and informal businesses
- Needs and wants of consumers
- SWOT analysis
- SMARTER goals
- Advertising and the 4 Ps of Marketing
- AIDA principles
- Budgeting and costing
- Fixed and variable costs
- Calculating selling price and profit
- Entrepreneurs’ Day and market research
- Capital and loan agreements
- Income and expenditure statements
The resource includes clear notes, key-word boxes, colourful tables, worked examples and calculations to help learners understand and apply important EMS concepts.
Learners can practise with a 70-mark practice section covering definitions, short questions, budgeting, costing and profit calculations, followed by a complete memorandum.
CAPS-Aligned | 24 Pages | Study Notes | Worked Examples | Practice Questions & Memo | Quick Exam Revision | PDF Format
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