St Andrews HS Business Studies Dept Higher Business Management.
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Transcript of St Andrews HS Business Studies Dept Higher Business Management.
St Andrews HS Business Studies Dept
Higher Business Higher Business ManagementManagement
St Andrews HS Business Studies Dept
Why Business Management?Why Business Management?
Business and enterprise are at the heart of Business and enterprise are at the heart of national growth and development. This is national growth and development. This is reflected in the importance of business reflected in the importance of business education in schools and colleges today. education in schools and colleges today. This course offers you the opportunity to This course offers you the opportunity to acquire skills and knowledge which will acquire skills and knowledge which will allow you to participate in the complex allow you to participate in the complex world of business and information. world of business and information. Whether or not you intend to have a Whether or not you intend to have a career in business, the course will enable career in business, the course will enable you to enhance your individual you to enhance your individual effectiveness.effectiveness.
St Andrews HS Business Studies Dept
Course OutlineCourse Outline
Business in Contemporary SocietyBusiness in Contemporary Society
Business Decision Areas: Marketing Business Decision Areas: Marketing and Operations and Operations
Business Decision Areas: Finance and Business Decision Areas: Finance and Human Resource Management Human Resource Management
St Andrews HS Business Studies Dept
Business in Contemporary SocietyBusiness in Contemporary Society
This section of the unit deals with:This section of the unit deals with: The role of business in society The role of business in society Types and objectives of business Types and objectives of business
organisations organisations The role of enterprise and the The role of enterprise and the
entrepreneur entrepreneur Stakeholders such as shareholders, Stakeholders such as shareholders,
customers and employees. customers and employees. Factors affecting the operation of Factors affecting the operation of
business business Business as a dynamic activity, for Business as a dynamic activity, for
example the impact of changes in example the impact of changes in demand demand
St Andrews HS Business Studies Dept
Business Information and ICTBusiness Information and ICT
This section of the unit deals with:This section of the unit deals with: Sources, types and value of Sources, types and value of
information information Examples of IT Examples of IT ICT in business, including business ICT in business, including business
software software
St Andrews HS Business Studies Dept
Decision Making in BusinessDecision Making in Business
This section of the unit deals withThis section of the unit deals with The nature and types of decision The nature and types of decision
making making The decision making model The decision making model Strengths, weaknesses, Strengths, weaknesses,
opportunities, threats (SWOT) opportunities, threats (SWOT) analysis analysis
Problems of structured models Problems of structured models
St Andrews HS Business Studies Dept
Internal OrganisationInternal Organisation
Internal Organisation – This section deals Internal Organisation – This section deals with:with:
The grouping of activities - function, The grouping of activities - function, product/service, customers, technology, product/service, customers, technology, staff staff
Functional activities of organisations Functional activities of organisations Forms of organisational structure - Forms of organisational structure -
hierarchical, flat, matrix, entrepreneurial, hierarchical, flat, matrix, entrepreneurial, centralised and decentralised centralised and decentralised
Aspects of organisational structure - such Aspects of organisational structure - such as organisation charts, formal and informal as organisation charts, formal and informal structures, changes in structure structures, changes in structure
St Andrews HS Business Studies Dept
Business Decision Areas: Marketing Business Decision Areas: Marketing
and Operationsand Operations
Marketing - Marketing - This section of the unit deals This section of the unit deals with:with:
The marketing concept, including The marketing concept, including marketing of products and services marketing of products and services
The marketing mix, including place and The marketing mix, including place and pricing strategies pricing strategies
Target markets, including niche Target markets, including niche marketing and market growth marketing and market growth
Market research, including surveys, Market research, including surveys, questionnaires and interviews.questionnaires and interviews.
St Andrews HS Business Studies Dept
Business Decision Areas: Business Decision Areas: Marketing and OperationsMarketing and Operations
Operations - Operations - This section of the unit deals This section of the unit deals with: with:
Input, process and output - for example, Input, process and output - for example, production systems and stock control production systems and stock control
Distribution and delivery - warehouse, Distribution and delivery - warehouse, transporting, scheduling transporting, scheduling
Types of operations - job, batch, flow Types of operations - job, batch, flow Factors affecting quality - quality control Factors affecting quality - quality control
and management and management
St Andrews HS Business Studies Dept
Business Decision Areas: Business Decision Areas: Finance and Human Resource Finance and Human Resource
Management Management Financial Management - Financial Management - This section of the unit This section of the unit deals withdeals with
The role and importance of the finance function The role and importance of the finance function in organisations in organisations
Financial information, including balance sheets Financial information, including balance sheets and profit and loss accounts and profit and loss accounts
Cash flow management – liquidity, decision Cash flow management – liquidity, decision making, projection making, projection
Budgetary control – uses, including monitoring Budgetary control – uses, including monitoring and controlling activity and controlling activity
Ratio analysis, including gross profit/sales, Ratio analysis, including gross profit/sales, return on capital and current ratio (calculation return on capital and current ratio (calculation of ratios is not required). of ratios is not required).
St Andrews HS Business Studies Dept
Business Decision Areas: Business Decision Areas: Finance and Human Resource Finance and Human Resource
ManagementManagementHuman Resource Management - Human Resource Management - This This section of the unit deals with:section of the unit deals with:
The role and importance of human The role and importance of human resources in organisations resources in organisations
Changing pattern of employment within Changing pattern of employment within organisations organisations
Recruitment and selection Recruitment and selection Training and development Training and development Employee relations Employee relations Legislative requirements Legislative requirements
St Andrews HS Business Studies Dept
22 requirements to attain a requirements to attain a pass at Higher Levelpass at Higher Level
To To passpass the the external external examinationexamination To To passpass all the all the internal internal
assessmentsassessments relating to the relating to the Learning Outcomes.Learning Outcomes.
St Andrews HS Business Studies Dept
Internal AssessmentInternal Assessment
There will be There will be 33 internal assessments, internal assessments, one on Business Enterprise and one one on Business Enterprise and one on the two joint decision areason the two joint decision areas
Internal Organisation will be covered Internal Organisation will be covered in the course but will not be in the course but will not be internally assessed but will be internally assessed but will be assessed in the final examination.assessed in the final examination.
St Andrews HS Business Studies Dept
Internal AssessmentInternal Assessment
Each pupil must Each pupil must passpass the assessment the assessment relating to the learning outcome. relating to the learning outcome. One resitOne resit will be permitted although will be permitted although it is always more advantageous to it is always more advantageous to pass at the first attempt.pass at the first attempt.
St Andrews HS Business Studies Dept
Final ExamFinal Exam
There will be one final examination There will be one final examination of 100 marks, which will consist of of 100 marks, which will consist of a case study (50 marks) and an a case study (50 marks) and an extended response paper where extended response paper where candidates must choose to do 2 candidates must choose to do 2 questions from a choice of 5;each questions from a choice of 5;each question is worth 25 marks.question is worth 25 marks.
St Andrews HS Business Studies Dept
What you can do? (1)What you can do? (1)
Homework and class work will Homework and class work will involve working on case studies from involve working on case studies from past papers and answering extended past papers and answering extended response questions.response questions.
Reading a quality newspaper will be Reading a quality newspaper will be invaluable especially the Business invaluable especially the Business Sections. Current affair programmes Sections. Current affair programmes would also be most useful.would also be most useful.
St Andrews HS Business Studies Dept
What you can do? (2)What you can do? (2) Attention leads to learningAttention leads to learning. In . In
other words, attention is a other words, attention is a prerequisiteprerequisite to learning. And to learning. And there's no way around it! If a pupil there's no way around it! If a pupil pays little attention in class, very pays little attention in class, very little learning will occur at that time. little learning will occur at that time. I estimate that if a pupil has good I estimate that if a pupil has good attention in class, it is worth 2-3 attention in class, it is worth 2-3 hours of study out of class. In other hours of study out of class. In other words, words, pay attention in class and pay attention in class and it reduces your study time it reduces your study time outside of classoutside of class. .
St Andrews HS Business Studies Dept
What you can do? (3)What you can do? (3) Ask Ask questionsquestions if you are not sure? if you are not sure? Make sure you Make sure you completecomplete your your
homeworkhomework ReadRead over your core over your core notesnotes PracticePractice past paper past paper questionsquestions