IB Business and Management (Higher)

Business, Administration and Law

Business, Administration and Law
Business, Administration and Law

What will you be working towards?

Alternative Title IB Business and Management (Higher)
Code DCCA.IB.2
Qualification Type International Baccalaureate Diploma
Qualification Level Level 3
Course type Full Time

Overview

The Business Management course is designed to develop students knowledge and understanding of business management theories, as well as their ability to apply a range of tools and techniques.

 

At Higher Level this is equal to 1 A Level.

Details

When you start Business Studies in September, you will learn how a business might evolve. From a small start-up business to a large multi-national organisation, you will consider a range of different business types and gain an understanding of how the choice of business type might affect the objectives set. You will also explore ways in which businesses respond to changes in their economic, social and technological environments and gain an appreciation of the influence different stakeholders can have upon a business. 

Unit 1 Business Organisation and Environment What is a business? Why start up a business? What is an entrepreneur? What is a business plan? What are business objectives? What are stakeholders? What are external factors that can influence a business? How does the impact of technology affect a business? What is a multi-national business?

Unit 2 Human Resource Management What is Human resources? What is recruitment? Why is training of staff so important? What are redundancies? What types of contracts are there? What is innovation? What are the different organisational structures? What makes a good leader? What are the differences between management and leadership?

Unit 3 Finance and Accounts What is accounting? What sources of finance are there available to businesses? What are the advantages and disadvantages of each? What is depreciation? What is a forecast?

Unit 4 Marketing What is marketing? What is the difference between goods and services? In what ways could you undertake market research? What are the advantages and disadvantages of each? Why is market research so important? What is the marketing mix? What does USP stand for? What is e-commerce?

Unit 5 Operations Management What is operations management? What production methods are there? What are the advantages and disadvantages of each?


How will it be delivered?

Written Examination: 75% of the qualification

Research Paper: 25% of the qualification

Entry requirements

GCSE English and Maths at Grade 4 or above