IB BUSINESS
MANAGEMENT
Learning Intention
Learning Intention
Examine the outline of the IB Year 11 and Year 12 Business Management Course
Examine Class expectations
Examine Unit 1: Business and Organisational Management
Success Criteria
Students can :
explain the requirements and expectations for the Year 11 and 12 IB Business
Management course
Explain key concepts and Key term
BM/HL Program Expectations
• Successful IB Business students practice professional behaviour
that they would use in university or workplace.
– Students should be present, on time and prepared for class.
– Students should practice the 10 Learner Profiles
• Students are expected to:
– Complete all classwork & homework
– Fully participate with assigned classmates on group projects
– Embrace IB ethical standards and academic honesty
BM/HL Program Expectations
■ Consequences for failing to follow Policies and Procedures:
– Warning
– Teacher counseling
– Lunch or after school detention and phone call to parent/guardian
– Discipline referral to Course coordinator
Unit 1: Business and Organisational
Management
This unit encourages you to analyse organizations’ internal environment (for example,
stakeholders, strategic objectives and CSR) and external environment (for example, the
impact of technological change and globalization).
Students will
■ Explore the roles, functions and the changing face of organisations
■ Examine on what basis business managers make decisions and set goals in the real
world
■ Apply fundamental strategy models such as STEEPLE and SWOT analyses
■ Inquire how and why a particular model becomes a mainstream strategy model
Assessment
■ Research Report
Introduction & Research Proposal
Examination
– Case Study and Questions
Concepts
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Change
Culture
Ethics
Globalization
Innovation
Strategy
Overall Concept - Ethics
Unit 1.1 Introduction to business management
■ Analyse and Apply
– The role of a business (AO2)
– The main business functions and their roles (A02)
– Primary, secondary, tertiary and quaternary sectors (A02)
– The nature of business activity (A02)
– Reasons for starting up a business (A02)
– Common steps in starting a business (A02)
– Problems that a new business or enterprise faces (A02)
■ Evaluate
– The role of entrepreneurship and intrapreneurship in overall business activity
What is a business
■ In pairs write a definition and provide examples …..
What is a business
■ A business is any organisation that uses resources to meet the needs of customers
by providing a product or service that they demand.
What is the role of business?
■ Businesses identify the need of consumers or other firms.
■ Constructs the economy
■ Purchase resources, human, financial and physical (Inputs)
■ Manufacture ■ Product Chain - (produce goods or services – outputs)
■ Services, products or consumerables and capital goods.
What are business inputs?
■ Factors of production
Human, Financial and Physical
■ What are the four inputs?
Land
Labour
Capital
Enterprise