Ib hl1 business management course overview
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IB HL1 BUSINESS & MANAGEMENT COURSE OVERVIEW . 2012-2013 Academic Year . CORE UNITS:. UNIT 1: BUSINESS ORGANIZATIONS & MANAGEMENT UNIT 2: HUMAN RESOURCES (HR ) UNIT 3: ACCOUNTS & FINANCE UNIT 4: MARKETING UNIT 5: OPERATIONS MANAGEMENT

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IB HL1 BUSINESS & MANAGEMENT COURSE OVERVIEW

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Ib hl1 business management course overview

IB HL1 BUSINESS & MANAGEMENTCOURSE OVERVIEW

2012-2013 Academic Year


Core units

CORE UNITS:

  • UNIT 1: BUSINESS ORGANIZATIONS

    & MANAGEMENT

  • UNIT 2: HUMAN RESOURCES (HR)

  • UNIT 3: ACCOUNTS & FINANCE

  • UNIT 4: MARKETING

  • UNIT 5: OPERATIONS MANAGEMENT

  • UNIT 6: BUSINESS STRATEGY (HL2 Yr)


Unit 1 business organizations management

UNIT 1: BUSINESS ORGANIZATIONS & MANAGEMENT

  • Nature & Objectives of Business

  • Objectives, Stakeholders & the External Environment

  • Organizational Planning & Decision Making

  • Growth & the Impact of Globalization

  • Change & the Management of Change


Unit 2 human resources

UNIT 2: HUMAN RESOURCES

  • Human Resource Planning

  • Organizational Structure & Communication

  • Leadership & Management

  • Motivation

  • Corporate Culture & Employer Employee Relations


Unit 3 accounts finance

UNIT 3: ACCOUNTS & FINANCE

  • Sources of Finance

  • Management Accounting

  • Financial Accounts & Ratio Analysis


Unit 4 marketing

UNIT 4: MARKETING

  • Role of Marketing

  • Marketing Planning


Unit 5 operations management

UNIT 5: OPERATIONS MANAGEMENT

Production Methods

Costs, Revenue & Break Even Analysis

Quality Assurance

Location

Innovation

Production Planning

Project Management


Unit 6 business strategy

UNIT 6: BUSINESS STRATEGY

  • Strategic Analysis

  • Strategic Choice

  • Strategic Implementation

  • Evaluation & Control

  • Case Studies on Strategy


Internal eca assessment

INTERNAL ECA ASSESSMENT

  • Homework Tasks (1 major task every 2 weeks)

    (Weight 4)

  • Weekly or Fortnightly Micro Exams(A short exam about 15 to 20 minutes on core theories every week or 2 weeks. Weight 4)

  • Company Simulation Project & Trade Fair

    (A group assignment over 3 months, weight 15)

  • End of Quarter Exams (90 mins, weight 20)

  • End of Semester Exams (2 hrs, weight 40)


External ib assessment research project

EXTERNAL IB ASSESSMENTResearch Project

Research Project

  • You choose any company and investigate a business problem or opportunity and provide solutions & recommendations to management.

  • Length: 2000 words

  • Weight: 25% of your total IB business grade.

  • Due Date: Due December 2013.


External ib assessment paper 1 exam based on set case study

EXTERNAL IB ASSESSMENTPaper 1:Exam based on set Case Study

Time: 2 hours & 15 minutes

Weight:40% of your total IB business grade.

Date:May 2014 Exam Schedule

What to Study?

  • A prescribed IB case study is released 2 months prior to the examination. Preparation involves knowing all aspects of the case study prior to the exam.


External ib assessment paper 2 data short response articles

EXTERNAL IB ASSESSMENTPaper 2: Data & Short Response Articles

Time:2 hours & 15 minutes

Weight:35% of your total IB business grade.

Date:May 2014 Exam Schedule

What to Study?

  • All aspects of the course, with stronger emphasis on financial calculations for the first part of the exam.


Homework policy

HOMEWORK POLICY

  • Homework is a very important part of the Business & Management Course.

  • The slides which follow answer many questions regarding homework in Business & Management.


What type of activities exercises will i have to complete for homework

What type of activities/exercises will I have to complete for homework?

  • Your first homework tasks will involve reading

    3 articles from business magazines with

    associated questions & activities

  • Some of these questions require extended responses and research.

  • Other homework tasks will my involve essay writing and or business calculations.


How long will i have to do my homework

How long will I have to do my homework?

  • In most cases, you will normally have about 10 days (nearly 2 weeks) to complete each major homework task.

  • As you have considerable time to do your homework, there is no excuse for late submission

  • Important Advice: Start your homework early – do not try to complete all your business homework the night before submission. It is not designed to be a one night activity, but rather there is work for several nights – the quality of the answers is important, especially with research questions. Do not use wikipedia!


What criteria are assessed with homework tasks what is the weight

What criteria are assessed with homework tasks & what is the weight?

Most homework tasks will involve at least 2criteria:

  • Mastery of Key Facts & Concepts

  • Thinking & Reasoning

  • Each criteria is marked from 2 (F) to 7 (A+) using the IB grading scheme.

  • Each criteria is weighted at 5 on the ECA reporting system.

  • Non submission of a homework task will score 1.


When is homework due

When is homework due?

  • Homework is normally due on a Friday by 4:00pm or occasionally Thursday 4:00pm, when Friday is a holiday.

  • Note, that you may not have a business class on the day the homework is due, but this is no excuse for late submission.

  • A complete list of Semester 1 dates is provided in the next slide.


Major homework tasks semester 1 dates

Major Homework Tasks: Semester 1 Dates

  • Homework Task 1: Friday 24th August 2012

  • Homework Task 2: Friday 7th September 2012

  • Homework Task 3: Friday 21st September 2012

  • Homework Task 4: Wednesday 3rd October 2012**

  • Homework Task 5: Friday 26th October 2012

  • Homework Task 6: Friday 9th November 2012

  • Homework Task 7: Friday 23rd November 2012

  • Homework Task 8: Thursday 6th December 2012 ^^

    ** (Last day of Quarter 1 Due: 11:30am)

    ^^ (Last day before HS final exams)


How do i submit your homework electronic paper copy

How do I submit your homework?Electronic & Paper Copy

  • If you have a business class on the day the homework is due it is obviously desirable to submit this in class.

  • However, if you do not have a class on the day the homework is due, please ensure that it reaches my desk by 4:00pm on the relevant Friday or the prescribed date as listed in this document.

  • In addition to providing a paper copy, you must also email your homework to:

    [email protected]


How do i get the homework tasks

How do I get the Homework Tasks

  • For the first tasks, paper copies will be provided.

  • An email distribution list will be created for this class, so homework will generally be emailed to you personal email address.

  • In addition, homework task sheets (including articles/questions) will also be available on my wikipage. At my homepage click on the relevant link for business homework.


Micro short exams

MICRO-SHORT EXAMS

  • These exams should only take you about 15 to 20 minutes to complete.

  • They will take place every 1 to 2 weeks depending on the relevant cycle.

  • A list of dates for semester 1 is provided in the next slide.

  • Weight 5


Micro exams key dates

MICRO EXAMS – KEY DATES

Micro Exam 1: Wednesday 23rd August Micro Exam 2: Tuesday 4th September

Micro Exam 3: Friday 14th SeptemberMicro Exam 4: : Monday 24th SeptemberMicro Exam 5: : Friday 26th October

Micro Exam 6: Friday 9th November

Micro Exam 7: Wednesday 21st November


Video comprehension exams

Video Comprehension Exams

  • Every 1 to 2 weeks you will also complete short video comprehension exams based on recent news in the world of business.

  • You watch videos from a variety of sources including CNN, BBC and Bloomberg.

  • Weight 3.


End of quarter 1 exam

End of Quarter 1 Exam

Date: 2nd October 2012

Length: 90 minutes

Structure

  • Short Answer-Definition Questions / Cloze Exercises/ Multiple Choice & Paragraph Responses.

    Criteria:

  • Weight 10


End of semester exam

End of Semester Exam

Date: HS Exam Week (December)

Length: 2 hours

Structure

  • Short Answer-Definition Questions / Cloze Exercises/ Multiple Choice & Paragraph Responses.

    Criteria:

  • Weight 20


Dedication to the learning process

Dedication to the Learning Process

  • 20% of your overall grade.

  • Submitting all work on time.

  • Participation in Class

  • Focus in Class (no facebook! – if caught once, no chance of 7)


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