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IB HL1 BUSINESS & MANAGEMENT COURSE OVERVIEW 2013-2014 Academic Year.

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Presentation on theme: "IB HL1 BUSINESS & MANAGEMENT COURSE OVERVIEW 2013-2014 Academic Year."— Presentation transcript:

1 IB HL1 BUSINESS & MANAGEMENT COURSE OVERVIEW Academic Year

2 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)

3 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

4 UNIT 2: HUMAN RESOURCES Human Resource Planning Organizational Structure & Communication Leadership & Management Motivation Corporate Culture & Employer Employee Relations

5 UNIT 3: ACCOUNTS & FINANCE Sources of Finance Management Accounting Financial Accounts & Ratio Analysis

6 UNIT 4: MARKETING Role of Marketing Marketing Planning

7 UNIT 5: OPERATIONS MANAGEMENT Production Methods Costs, Revenue & Break Even Analysis Quality Assurance Location Innovation Production Planning Project Management

8 UNIT 6: BUSINESS STRATEGY Strategic Analysis Strategic Choice Strategic Implementation Evaluation & Control Case Studies on Strategy

9 INTERNAL ECA ASSESSMENT Homework Tasks (1 major task every 2 weeks) (Weight 5) 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)

10 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: 2000 words Weight: 25% of your total IB business grade. Due Date: Due December 2013.

11 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 2015 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.

12 EXTERNAL IB ASSESSMENT Paper 2: Data & Short Response Articles Time:2 hours & 15 minutes Weight:35% of your total IB business grade. Date:May 2015 Exam Schedule What to Study? All aspects of the course, with stronger emphasis on financial calculations for the first part of the exam.

13 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.

14 What type of activities/exercises will I have to complete for homework? ** Your first homework tasks will involve reading 3 articles from business magazines & newspapers 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.

15 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!

16 What criteria are assessed with homework tasks & what is the weight? Most homework tasks will involve at least 2 criteria:  Mastery of Key Facts & Concepts  Analysis of Key Facts & Concepts  Dedication to the Learning Process 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.

17 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.

18 Major Homework Tasks: Semester 1 Dates Homework Task 1: Friday 23 rd August 2013 Homework Task 2: Friday 6 th September 2013 Homework Task 3: Friday 20 th September 2013 Homework Task 4: Friday 4 th October 2013** Homework Task 5: Friday 25 th October 2013 Homework Task 6: Friday 8 th November 2013 Homework Task 7: Friday 22 nd November 2013 ** (Last day of Quarter 1 Due: 11:30am)

19 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 your homework to:

20 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.

21 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

22 MICRO EXAMS – KEY DATES (TBA) Micro Exam 1 Micro Exam 2: Micro Exam 3: Micro Exam 4: : Micro Exam 5: Micro Exam 6:

23 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.

24 End of Quarter 1 Exam Date: TBA (30 th Sept – 3 rd Oct 2013) Length: 90 minutes Structure Short Answer-Definition Questions / Cloze Exercises/ Multiple Choice & Paragraph Responses. Criteria: Weight 10

25 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

26 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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