2050y / 2052y-H

IB1 Business Management

Full Year / 1 Credit / Grade 11

Prerequisites:

IB Diploma Students: See IB Policy

IB Diploma Course Students: Grade of C or above in Grade 10 English and Social Studies.

Description:

Business management is a rigorous, challenging and dynamic discipline. Business management explores business functions, management processes and decision-making in contemporary contexts of strategic uncertainty. It examines how business decisions are influenced by factors internal and external to an organization, and how these decisions impact stakeholders. Furthermore, business management investigates how individuals and groups interact within an organization, how they may be successfully managed and how they can ethically optimize the use of resources in a world with increasing scarcity and concern for sustainability.

The course allows students to develop their understanding of interdisciplinary concepts from a business management perspective, through the exploration of six concepts underpinning the subject: change, culture, ethics, globalization, innovation and strategy. Students learn to analyze, discuss and evaluate business activities at local, national and international levels. The course encourages the appreciation of ethical concerns and issues of corporate social responsibility, at both local and global levels. Moreover, the course encourages critical thinking and making ethically sound and well-informed decisions. It fosters an appreciation for the pace, nature and significance of change, in addition to strategic thinking and the undertaking of long term planning.

Assessment:

*All assessments will follow IBO guidelines. Students wishing to sit for the IB examination must follow the two-year course of study. All students will complete a year-long research project.