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 & MANAGEMENTCOURSE 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

  • UNIT 6: BUSINESS STRATEGY (HL2 Yr)


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

  • Human Resource Planning

  • Organizational Structure & Communication

  • Leadership & Management

  • Motivation

  • Corporate Culture & Employer Employee Relations


UNIT 3: ACCOUNTS & FINANCE

  • Sources of Finance

  • Management Accounting

  • Financial Accounts & Ratio Analysis


UNIT 4: MARKETING

  • Role of Marketing

  • Marketing Planning


UNIT 5: OPERATIONS MANAGEMENT

Production Methods

Costs, Revenue & Break Even Analysis

Quality Assurance

Location

Innovation

Production Planning

Project Management


UNIT 6: BUSINESS STRATEGY

  • Strategic Analysis

  • Strategic Choice

  • Strategic Implementation

  • Evaluation & Control

  • Case Studies on Strategy


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 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 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 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 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?

  • 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?

  • 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?

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?

  • 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

  • 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

  • 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:

    phillipb@ecak12.com


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

  • 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 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

  • 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

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

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

  • 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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