IB HL2 BUSINESS & MANAGEMENT COURSE OVERVIEW 2011-2012 Academic Year.
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IB HL2 BUSINESS & MANAGEMENT COURSE OVERVIEW 2011-2012 Academic Year
COURSE PROGRAM HL2 In HL1 Business we covered most of the SL & HL content in Human Resources, Finance & Marketing. However, there are some new components from these units and there will be considerable revision of HL1 content during your senior year. In HL2 Business there is strong emphasis on operations management (Unit 5) & Business Strategy. (Unit 6) We briefly considered Operations Management in HL1, but Business Strategy will be an all new topic for 2011- 2012.
UNIT 5: OPERATIONS MANAGEMENT Production Methods Costs, Revenue & Break Even Analysis Quality Assurance Location Innovation Production Planning Project Management** (** Most difficult part of the course!) (p283-291)
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) Group Oral Presentations/Roles Plays x 2 (Two group assignments with a weight 10 each) 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: 2000 words Weight: 25% of your total IB business grade. Due Date: Due December 2011
Research Project: Primary Research is critical to success! Your research project must include a very strong emphasis on primary research. Your research report should be based 80% on primary research and 20% on secondary sources. Developing a sophisticated survey/questionnaire and analyzing the results is absolutely essential!!
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 2012 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 2012 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 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 email your homework to: firstname.lastname@example.org Please do not send homework to my ECA email address. There is insufficient storage capacity.
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: Thursday 25th August 2011 Micro Exam 2: Tuesday 6th September Micro Exam 3: Thursday 15th September Micro Exam 4:Tuesday 27th September Micro Exam 5: Wednesday 26th October Micro Exam 6: Wednesday 9th November Micro Exam 7: Wednesday 23rd November