Business Management 2013 Sample work program r1361 Rebranded July 2014 July 2014 Business Management 2013 Sample work program Compiled by the Queensland Curriculum and Assessment Authority July 2014 This work program is reproduced with the permission of Centenary State High School. A work program is the school’s plan of a course of study based on the relevant syllabus. Work programs allow for the characteristics of a school and its students to be considered when implementing the syllabus. School work programs must demonstrate that syllabus dimensions and objectives inform student learning. Work programs provide information about the school’s plan for course organisation, an outline of intended student learning and the assessment plan as outlined in the work program requirements for that syllabus. Business Management 2013 Sample work program Queensland Curriculum & Assessment Authority July 2014 Page 2 of 8 Course organisation and assessment plan Semester 2 Semester 1 MP 1 Management practices The foundations of management involve the structures and function of businesses; the impact of internal and external environment and the roles of managers who plan, organise and lead businesses. 30 MP 2 Global corporate management Effective business managers operating in the global corporate arena must be aware of global business implications. This unit will focus on the areas of financial and operations management practices. 25 MP 3 Marketing & resource management Explores the challenges of managing marketing and human resources to be an effective business in a competitive environment. Marketing and resource management involves researching consumer markets and providing innovative and creative ideas to achieve business goals. 55 MM OM HR OM MM FM BD FM HR BD Business Management 2013 Sample work program Assessment technique Dimensions Formative / summative Instrument no. Areas of study Length (hrs) Unit number Unit KU AA Assessment conditions EC Short response test 50–250 words per response, Supervised examination 60–90 minutes 1 Examination F KU AA 2 Extended response F KU AA EC Extended research response 800–1000 words 3 Feasibility study F KU AA EC Marketing feasibility study Individual task 800–1000 words 4 Examination F KU AA EC Extended response test 400–600 words, unseen 60–90 minutes Queensland Curriculum & Assessment Authority July 2014 Page 3 of 8 4 OM MM OM HR FM BD FM Entrepreneurs of the future 30 MM HR BD Change management 25 MP HR Semester 3 Managing change can be the difference between surviving and thriving in a business environment. How do businesses manage change? Dimensions KU AA EC Assessment conditions 5 Examination S KU AA EC Short response test 50–250 words per response, 90–120 minutes 6 Examination S KU AA EC Extended response test 600–800 words, unseen 90–120 minutes 7 Extended response S KU AA EC Extended research response 1000–1500 words 8 Feasibility study S KU AA EC Marketing and human resource management feasibility study 1000–1500 words 9 Extended response S KU AA EC Extended response to stimulus Spoken Time: 4–5 mins Entrepreneurship and innovation is essential for business development. This unit will focus on developing and testing innovative and creative ideas and preparing feasibility studies to determine the viability of those ideas. 6 Assessmen t technique Formative / summative Length (hrs) 55 MM Event management explores the application of project management to effectively operate a business. Event management examines operations management to efficiently and effectively provide products/services to meet the needs of consumers and to achieve business goals. 5 Semester 4 Event management MP Instrument no. Areas of study Unit number Unit Key: MP Management practices HR Human resource management MM Marketing management FM Financial management OM Operations management BD Business development Business Management 2013 Sample work program Queensland Curriculum & Assessment Authority July 2014 Page 4 of 8 Unit outline Unit Global corporate management Areas of study: Management practices Operations management Financial management Dimensions assessed: Knowledge and understanding business management Applying and analysing management strategies Evaluating and communicating management strategies Time: 25 hours; Year 11 Assessment technique: Extended response (extended research response) Underpinning practices: The underpinning practices of communication strategies and management strategies have been integrated into learning experiences. Focus: Unit 1 Suggested subject matter Possible learning experiences Underpinning practices CS Management practices Management practices involve business structures, the impact of internal or external environments on businesses, and the roles of business • Business managers plan, organise, lead and communicate to achieve business objectives. • Production efficiency and the creation of profit are primary goals of business managers, but they are not the only criteria of business success. • Business managers consider the views of stakeholders, risks, resources, and the internal and external environment as they • Investigate a global business. CS • Produce a concept map that defines and describes the internal and external environments that impact on the structure and organisation of a global business. CS • Research (using the internet) to describe the different levels of management within a business. CS • Explain the management processes used to conduct a global business. Business Management 2013 Sample work program MS MS Queensland Curriculum & Assessment Authority July 2014 Page 5 of 8 managers who plan, organise and lead businesses. make decisions to achieve business goals and objectives. • Different levels of management fulfil specific roles and functions, with communication between managers and professional networks being crucial to business success. • Select and organise research information relating specifically to the structure of a global business. CS • Interview a global business manager to describe their experiences in organising and leading a business. CS • Analyse business information from a global business to identify issues that impact on the operating environments. MS • Analyse management strategies and interpret trends in development. MS • Evaluate business information to formulate possible strategies that the business could implement to achieve business goals and objectives. MS Focus: Unit 2 Suggested subject matter Possible learning experiences Underpinning practices CS Operations management Operations management involves businesses efficiently and effectively converting inputs into quality products or services desired by customers. • Operations managers make strategic decisions involving planning, developing and controlling the activities required to create a product and supply a service. • Operations management includes strategic and operation planning. • Operation decisions are made based on purchasing, dispatching, inventory control, scheduling, maintenance and quality control. • Ethical issues such as conservation, environmental concerns and offshore production affect operations management decisions. • Develop a glossary to define key operations management terms. CS • Invite a guest speaker to describe and discuss the operations management of a global business. CS • Select and organise business information to design a flyer or poster that highlights the statement ‘ethics before profit’ when operating a business. CS • Describe and explain the methods used to operate an E-business. • Analyse a number of business case studies and evaluate their success in operations according to a number of performance indicators including offshore production, environmental concerns and conservation issues. Use this information to formulate possible strategies that a business could implement to deal with the issues identified. MS MS CS MS • Compare and contrast the methods used by businesses to ensure quality control. MS • Develop strategies to improve quality of a product/service. MS • Evaluate the impact of Australian businesses moving operations overseas. MS Business Management 2013 Sample work program Queensland Curriculum & Assessment Authority July 2014 Page 6 of 8 Focus: Unit 3 Suggested subject matter Possible learning experiences Underpinning practices CS Financial Management Financial management occurs through the analysis and interpretation of financial records and is necessary when achieving business goals. • The role of financial management is to ensure that financial decisions allow the business to survive, grow and achieve its goals /objectives. • Financial management is influenced by the legal structure of the business, ethics and the external environment in which it operates. • Financial management involves sourcing and managing the risks of finance. • Finance can be short term, long term, internal, external, local or global. • Financial managers use tools such as financial ratio analyses to make financial management decisions and for information disclosure. • Financial management involves the analysis and interpretation of financial statements in decision making. • Financial managers develop investment strategies based on the evaluation of financial risk in order to meet business goals. • Develop a glossary to define key financial management terms. CS • Invite a guest speaker to describe and discuss sources of finance available to a business. CS MS • Explain financial management processes used to achieve business goals and objectives. MS • Explain the role and responsibilities of lending institutions for a business. MS • Select and organise print and electronic media materials from financial institutions offering business finance. Interpret the information by comparing and contrasting and present information to formulate recommendations. CS • Construct a role-play showing the negotiation of a loan between an entrepreneur and a financial organisation. CS • Interpret the meaning of financial tables/graphs. MS • Apply financial knowledge to identify key financial issues in business situations. CS • Compile statistics of financial records to analyse and make management decisions. MS • Prepare a graph to record the effects of interest rate changes on a business. CS • Analyse financial reports and evaluate management strategies to formulate recommendations. CS MS • Analyse a case study of a business financial affairs using business financial statements. MS • Construct a research report to analyse, evaluate and justify recommendations based on financial evidence. MS • Evaluate the options a business operator has to obtain funds for a business. MS • Compare and contrast financial options from internal and external sources. MS Business Management 2013 Sample work program Queensland Curriculum & Assessment Authority July 2014 Page 7 of 8 Business Management 2013: Student profile Management practices 1 Examination Short response test F Global corporate management 2 Extended response Extended research response F Semester Formative/ Summative Assessment technique Unit 1 Teacher name: Instrument no. Student name: KU AA Knowing & understanding business management Applying & analysing management strategies EC Evaluating & communicating management strategies LOA Internal reporting — Semester 1 2 Marketing and resource management 3 Feasibility study Marketing feasibility study F 4 Examination Extended response test F Internal reporting — Semester 2 Year 11 monitoring 3 Event management 5 Examination Short response test S 6 Examination Extended response test S 7 Extended response Extended research response S Internal reporting — Semester 3 4 Entrepreneur s of the future 8 Feasibility study Marketing and human resource management feasibility study S 9 Extended response Extended response to stimulus S Verification Change management Year 12 Exit Level of Achievement Business Management 2013 Sample work program Queensland Curriculum & Assessment Authority July 2014 Page 8 of 8