IB HL1 BUSINESS & MANAGEMENT COURSE OVERVIEW 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 ASSESSMENT Research Project Research Project You choose any company and investigate a business problem or opportunity and provide solutions & recommendations to management. Length: 200 words Weight: 25% of your total IB business grade. Due Date: Due December 2012.

EXTERNAL IB ASSESSMENT Paper 1:Exam based on set Case Study Time: 2 hours & 15 minutes Weight:40% of your total IB business grade. Date:May 2013 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 Time:2 hours & 15 minutes Weight:35% of your total IB business grade. Date:May 2013 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 task 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 3 criteria:  Mastery of Key Facts & Concepts  Analysis of Key Facts & Concepts  Research Skills Each criteria is marked from 2 (F) to 7 (A+) using the IB grading scheme. Each criteria is weighted at 4 on the ECA reporting system.

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 26th August 2011 Homework Task 2: Thursday 8th September 2011 Homework Task 3: Friday 23rd September 2011 Homework Task 4: Thursday 6th October 2011 Homework Task 5: Friday 21st October 2011 Homework Task 6: Friday 4th November 2011 Homework Task 7: Friday 18th November 2011 Homework Task 8: Friday 2nd December 2011

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 Thursday it is due to avoid penalties. In addition to providing a paper copy, you must also your homework to: Please do not send homework to my ECA address. There is insufficient storage capacity.

How do I get the Homework Tasks For the first tasks, paper copies will be provided. An distribution list will be created for this class, so homework will generally be ed to you personal 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.

MICRO EXAMS – KEY DATES Micro Exam 1: Day 1 Class: Wednesday 24th August Day 2 Class: Thursday 25th August 2011 Micro Exam 2: Day 1 Class: Monday 5th September Day 2 Class: Tuesday 6th September Micro Exam 3: Day 1 Class: Wednesday 14th September Day 2 Class: Thursday 15th September Micro Exam 4: Day 1 Class: Monday 26th September Day 2 Class: Tuesday 27th September Micro Exam 5: Day 1 Class: Tuesday 25th October Day 2 Class: Wednesday 26th October Micro Exam 6: Day 1 Class: Tuesday 8th November Day 2 Class: Wednesday 9th November Micro Exam 7: Day 1 Class: Tuesday 22nd November Day 2 Class: Wednesday 23rd November