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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Demonstrate knowledge and understanding of the principles of management in a business entity 
SAQA US ID UNIT STANDARD TITLE
242674  Demonstrate knowledge and understanding of the principles of management in a business entity 
ORIGINATOR
SGB Insurance and Investment 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 4  NQF Level 04 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended as an introduction to the principles of management for learners embarking on a career path in management in large or small business entities. It will be useful for managers at different levels in large corporations, Risk Managers, Risk Champions, Safety Officers, Line Managers, Supervisors, Team Leaders, Coordinators, Internal Auditors, General Managers, Managers of Small and Medium Businesses, School Principals and learners who give advice on business risk transfer or who manage operational risk.

The qualifying learner is capable of:
  • Investigating how a business entity is structured and the implications of the structure for management.
  • Explaining the basic functions of a manager.
  • Describing the basic responsibilities of a manager with regard to finance and administration.
  • Analysing the activities of a business entity.
  • Analysing the implications of commonly accepted codes of governance for a selected business unit. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in Communication and Mathematical Literacy at Level 3. 

    UNIT STANDARD RANGE 
    The typical scope of this Unit Standard is:
  • The implementation function includes control and maintenance.
  • Core activities include the production of resources, goods and services.
  • Support functions include, but are not limited to, marketing and sales, public relations, risk management, safety and security, human resources, maintenance and information technology.
  • The currently accepted code of governance is King II as at July 2006 and will refer to whatever subsequent code that replaces King II. 

  • Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Investigate how a business entity is structured and the implications of the structure for management. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    An organogram for a selected business entity is compiled with reference to reporting functions, work titles and the responsible personnel. 

    ASSESSMENT CRITERION 2 
    The management structures responsible for setting and implementing business policy are identified for a specific business entity. 

    SPECIFIC OUTCOME 2 
    Explain the basic functions of a manager. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The planning function of a manager is explained with reference to the consequences of poor planning for a selected entity. 

    ASSESSMENT CRITERION 2 
    The organising function of a manager is explained with reference to the implications for delivery and the objectives of a selected business entity. 

    ASSESSMENT CRITERION 3 
    The function of a manager is explained with reference to the planning objective. 

    ASSESSMENT CRITERION 4 
    The function of the manager as a leader is explained with reference to the implications of leadership or management style for a business entity. 

    ASSESSMENT CRITERION 5 
    The responsibility of a manager for ensuring effective implementation of an entity's policies and procedures is explained with reference to profit, image and reputation, sustainability and sound corporate governance. 

    SPECIFIC OUTCOME 3 
    Describe the basic responsibilities of a manager with regard to finance and administration. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The administrative functions of a manager are analysed and suggestions are made to improve administration in a specific business unit. 

    ASSESSMENT CRITERION 2 
    The finance and accounting function in a business unit is explained with reference to the personnel responsible for the different functions, the budget and accountability of the manager. 

    SPECIFIC OUTCOME 4 
    Analyse the activities of a business entity. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The core business activities of an entity are analysed with reference to the contribution of each to the objectives of the entity and the financial results. 

    ASSESSMENT CRITERION 2 
    The support functions of a business entity are analysed with reference to the contribution of each to the objectives of the entity. 

    SPECIFIC OUTCOME 5 
    Analyse the implications of commonly accepted codes of governance for a selected business unit. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The currently accepted code of governance is analysed in terms of responsibility for policies, structures and reporting of an organisation. 

    ASSESSMENT CRITERION 2 
    The consequences of non-compliance with the code are discussed with reference to business risk. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a candidate against this Unit Standard must be registered as an assessor with the relevant ETQA or ETQA where a Memorandum of Understanding (MOU) exists with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard must be accredited as a provider through the relevant ETQA or ETQA where a Memorandum of Understanding (MOU) exists with the relevant ETQA.
  • Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines and the agreed ETQA procedures. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    N/A 

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO ORGANISING 
    The learner is capable of organising and managing him/herself and his/her activities responsibly and effectively in completing activities and assignments timeously. 

    UNIT STANDARD CCFO COLLECTING 
    The learner is capable of collecting, organising and critically evaluating information in analysing the core and support functions of a business entity and compiling an organogram. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is capable of communicating effectively in explaining the functions of a manager and the basic principles of management and discussing the consequences of non-compliance with the currently accepted code of governance. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is capable of seeing the world as a set of related systems in explaining the consequences of poor planning and the implications of organisation for delivery. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    Search words: management principles, management functions. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  57613   Further Education and Training Certificate: Short-Term Risk Management  Level 4  NQF Level 04  Passed the End Date -
    Status was "Reregistered" 
    2012-06-30  INSETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.