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Introduction to business organization
Plan for 2uBM HL/ SL 2023-2024- August to Jan.
Textbook: Kognity
Unit 1 Introduction to Business Management
Section 1.1 What is a Business
1. Intro to Business, syllabus, example of business, video/podcast, workload, expectations
2. Big picture and Nature and role of business, Homework for this lesson reading hand-out and Syllabus Guide
3. The Economy; Kognity: read 1.1.3, and starting a business 1.1.4
4. Tool: Swot and Steeple analysis, practicing these read 1.1.5
5. Tool: Creating a business plan, read 1.1.6
6. Examples of business start-ups and the steps taken
Section 1.2 Types of Business Entities
7. The Big Picture and Private/Public sectors read 1.2.0 and 1.2.1
8. For profit commercial enterprises, examples, read 1.2.2
9. For-profit Social Enterprises, examples read 1.2.3
10. Non-profit Social enterprises, examples, read 1.2.4
1.3: Business Objectives
11.Intro, Vision and Mission statements, Objectives and protecting shareholder value read sections1.3.0,
1.3.1,1.3.2 and 1.3.3.
12. In class assignment, working on exam questions practice assignment
13. Filling in Gaps, Learner's profile, Concepts, BM Content and Inquiry
14. CSR and examples etc. read 1.3.4
15. Strategies and Tactics, focus on concepts Sustainable, read 1.3.5
16. Tool: Circular Business Model, read 1.3.6
Section 1.4: stakeholders
17. Big picture, Internal Stakeholders, External Stakeholders, examples, read 1.4.0, 1.4.1,1.4.2
18. Stakeholder conflict and stakeholder alignment, focus on concept change, ethical, sustainable read 1.4.3, 1.4.
Section 1.5: Growth and Evolution
19. Big picture, reasons for growing and Internal/External economies of scale read 1.5.0,1,5,1,1.5.2
20. Internal and External growth read 1.5.3, 1.5.4
21. Small Businesses and re-generative businesses read 1.5.6 and 1.5.7 Ansoff matrix
22. Tools: Force Field Analysis Kognity 1.5.8 and Decision Trees 7.1.6 Kognity
23. More tools- revision
24. In class assignment, part 1
Section 1.6: Multinational Companies
25. Impact of MNC’s on Host countries etc. read all of 1.6
27. Finishing section Revision Matrix on topics and toolbox.
26. removed
28. Focus on exam techniques, and 10 mark question.
29. In class assignment part 2
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