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IB Business Management Unit 1 Business Organisation and Environment Scheme of Work www BusinessManagementIB com Unit 1 Business Organisation and Environment Scheme of Work UNIT 1 BUSINESS ORGANISATION AND ENVIRONMENT UNI T 1 BUSI NESS ORG ANI SATI ON AND ENVI RO NMENT THEORY OF KNOWLEDGE QUESTIONS 1 Is business decision making art or science 2 Do we have self evident beliefs about what the objectives of a business are or how a business operates If so which ones and how could we challenge them 3 Most businesses desire to expand What motivates the growth of a social organization like business 4 How can we evaluate the benefits and drawbacks of globalisation given the multitude of stakeholders it influences 5 How do assumptions about what a business is and how a business works vary by industry and location and what implications does this have for business actors Student selection of ONE question 500 word response Topic GECCIS Focus 1 1 Ethics Every business decision has moral implications These consequences can be significant for internal and external stakeholders and the natural environment 1 2 Strategy Strategy refers to the significant long term planning decisions that organisations make in order to meet the needs and wants of their stakeholders Strategy is about asking questions what why when how where and who

IB Business Management Unit 1 Business Organisation and Environment Scheme of Work 1 3 Ethics Every business decision has moral implications These consequences can be significant for internal and external stakeholders and the natural environment 1 4 Globalisation A wide range of international forces such as the increasing social cultural technological and economic integration influence business organisations In turn business organizations shape these forces Many business organisations operate across national boundaries Even local businesses and consumers are influenced by global forces 1 5 Innovation Incremental or radical improvements to a business idea or the generation of new ideas in relation to a final product service or process are the result of internal or external influences For many business organizations a key challenge is bringing in the new and managing the process of improvement in a sustainable way 1 6 Change Competition new technologies and markets and trends in consumer behaviour lead business organisations to adapt their objectives strategies and operations Success emerges from the ability to research and respond to signals in both the internal and external environment 1 7 Strategy Strategy refers to the significant long term planning decisions that organisations make in order to meet the needs and wants of their stakeholders Strategy is about asking questions what why when how where and who 1 1 INTRODUCTION TO BUSINESS MANAGEMENT Time weeks Content Learning activities Assessment Textbook pp 1 13 Activities A and B PPT presentation and summary notes Exam practice question 1 1 Introduction to business management 2 weeks Explain and analyse the role of businesses in combining human physical and financial resources to create goods and services Explain and analyse the main business functions and their roles Textbook questions 1 1 1 1 1 5 Human resources Videos Finance and accounts Flash cards Marketing Operations Explain and analyse primary secondary tertiary and quaternary sectors Explain and analyse the nature of business activity in each sector and the impact of sectoral change on business activity Quiz Topic Test McDonald s case study question Ethics

IB Business Management Unit 1 Business Organisation and Environment Scheme of Work Evaluate and discuss the role of entrepreneurship and entrepreneur and intrapreneurship and intrapreneur in overall business activity Explain and analyse reasons for starting up a business or an enterprise Explain and analyse common steps in the process of starting up a business or an enterprise Explain and analyse problems that a new business or enterprise may face Explain and analyse the elements of a business plan 1 2 Types of organisations 2 weeks Explain and analyse the distinction between the private and the public sectors Evaluate and discuss the main features of the following types of for profit commercial organisations Textbook pp 14 28 Activities A C and D PPT presentation and summary notes Exam practice question Textbook questions 1 2 1 and 1 2 5 Sole traders Partnerships Podcast Microfinance Companies corporations Quiz Topic Test McDonald s case study question Strategy Videos Evaluate and discuss the main features of the following types of for profit social enterprises Microfinance providers Flash cards Cooperatives Public private partnerships PPP Evaluate and discuss the main features of the following types of non profit social enterprises Non governmental organisations NGOs Charities 1 3 Organisational objectives 2 weeks Explain and analyse vision statement and mission statements Evaluate and discuss aims objectives strategies and tactics and their relationships Evaluate and discuss the need for organisations to change objectives and innovate in response to changes in internal and external environments Textbook pp 29 46 Activities A F PPT presentation and summary notes Exam practice question Textbook questions 1 3 1 1 3 6 Videos Quiz Topic Test McDonald s case study question Ethics