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Don't just learn it, experience it! DP Business Management
  • Home
  • Course Guide
    • Aims & Objectives
    • Command Terms
    • Concepts, Contexts & Content
    • Curriculum Overview
    • Assessment
      • Paper 1
      • Paper 2
    • Case Studies
    • Links to TOK
    • Symposium Series
    • Book Reviews
  • Course Units
    • Unit 1 Organisation
      • U1.1 Intro to business management
        • U1.1.1 The role of business
        • U1.1.2 Business functions
        • U1.1.3 Sectors of business activity
        • U1.1.4 Entrepreneurship and Intrapreneurship
        • U1.1.5 Reasons for starting a business
      • U1.2 Types of organisations
        • U1.2.1 For-profit organisations
        • U1.2.2 Non-profit organisations
        • U1.2.3 Other types of organisations
      • U1.3 Organisational objectives
        • U1.3.1 Vision and mission statements
        • U1.3.2 Aims, objectives, strategies and tactics
        • U1.3.3 Ethical objectives
        • U1.3.4 SWOT analysis
        • U1.3.5 Ansoff matrix
      • U1.4 Stakeholders
      • U1.5 External environment
      • U1.6 Growth and evolution
        • U1.6.1 Economies and diseconomies of scale
        • U1.6.2 Merits of small vs large organisations
        • U1.6.3 Internal vs external growth
        • U1.6.4 Impact of globalisation
        • U1.6.5 Multinational companies
      • U1.7 Organisational planning tools (HL)
    • Unit 2 HR
      • U2.1 Functions and evolution of HR management
      • U2.2 Organisational structure
      • U2.3 Leadership and management
      • U2.4 Motivation
      • U2.5 Organisational culture (HL)
      • U2.6 Industrial/employee relations (HL)
    • Unit 3 Finance & Accounts
      • U3.1 Sources of finance
      • U3.2 Costs and revenues
      • U3.3 Break-even analysis
      • U3.4 Final accounts
      • U3.5 Profitability and liquidity ratio analysis
      • U3.6 Efficiency ratio analysis (HL)
      • U3.7 Cash flow
      • U3.8 Investment appraisal (HL)
      • U3.9 Budgets (HL)
    • Unit 4 Marketing
      • U4.1 The role of marketing
      • U4.2 Marketing planning
      • U4.3 Sales forecasting (HL)
      • U4.4 Market research
      • U4.5 The 4 Ps (product, price, promotion, place)
        • U4.5.1 Product
        • U4.5.2 Price
        • U4.5.3 Promotion
        • U4.5.4 Place
      • U4.6 The extended marketing mix of seven P's (HL)
      • U4.7 International marketing (HL)
      • U4.8 E-commerce
    • Unit 5 Operations
      • U5.1 The role of operations management
      • U5.2 Production methods
        • U5.2.1 Job production
        • U5.2.2 Batch production
        • U5.2.3 Mass production
        • U5.2.4 Cellular manufacturing
        • U5.2.5 Changing production method
        • U5.2.6 Choosing production method
      • U5.3 Lean production and quality management (HL)
        • U5.3.1 Methods of lean production
        • U5.3.2 Cradle-to-cradle design and manufacturing
        • U5.3.3 Quality control and quality assurance
      • U5.4 Location
        • U5.4.1 Factors in locating a business
        • U5.4.2 Impact of globalisation on location
        • U5.4.3 Outsourcing and offshoring
      • U5.5 Production planning (HL)
      • U5.6 Research and development (HL)
      • U5.7 Crisis management and contingency planning (HL)
  • IA
    • IA1 Overview
    • IA2 SL Written Commentary
      • IA2.1 IA criteria - SL
      • IA2.2 Sample IAs
    • IA3 HL Research Project
      • IA3.1 IA criteria - HL
      • IA3.2 Sample IAs
    • IA4 Tips and checks
  • EE
    • EE1 Overview
    • EE2 Choice and treatment of topic
    • EE3 Assessment Criteria
    • EE4 Examples
  • Skills
    • S1 Research
    • S2 Business tools
Don't just learn it, experience it! DP Business Management
  • Home
  • Course Guide
    • Aims & Objectives
    • Command Terms
    • Concepts, Contexts & Content
    • Curriculum Overview
    • Assessment
      • Paper 1
      • Paper 2
    • Case Studies
    • Links to TOK
    • Symposium Series
    • Book Reviews
  • Course Units
    • Unit 1 Organisation
      • U1.1 Intro to business management
        • U1.1.1 The role of business
        • U1.1.2 Business functions
        • U1.1.3 Sectors of business activity
        • U1.1.4 Entrepreneurship and Intrapreneurship
        • U1.1.5 Reasons for starting a business
      • U1.2 Types of organisations
        • U1.2.1 For-profit organisations
        • U1.2.2 Non-profit organisations
        • U1.2.3 Other types of organisations
      • U1.3 Organisational objectives
        • U1.3.1 Vision and mission statements
        • U1.3.2 Aims, objectives, strategies and tactics
        • U1.3.3 Ethical objectives
        • U1.3.4 SWOT analysis
        • U1.3.5 Ansoff matrix
      • U1.4 Stakeholders
      • U1.5 External environment
      • U1.6 Growth and evolution
        • U1.6.1 Economies and diseconomies of scale
        • U1.6.2 Merits of small vs large organisations
        • U1.6.3 Internal vs external growth
        • U1.6.4 Impact of globalisation
        • U1.6.5 Multinational companies
      • U1.7 Organisational planning tools (HL)
    • Unit 2 HR
      • U2.1 Functions and evolution of HR management
      • U2.2 Organisational structure
      • U2.3 Leadership and management
      • U2.4 Motivation
      • U2.5 Organisational culture (HL)
      • U2.6 Industrial/employee relations (HL)
    • Unit 3 Finance & Accounts
      • U3.1 Sources of finance
      • U3.2 Costs and revenues
      • U3.3 Break-even analysis
      • U3.4 Final accounts
      • U3.5 Profitability and liquidity ratio analysis
      • U3.6 Efficiency ratio analysis (HL)
      • U3.7 Cash flow
      • U3.8 Investment appraisal (HL)
      • U3.9 Budgets (HL)
    • Unit 4 Marketing
      • U4.1 The role of marketing
      • U4.2 Marketing planning
      • U4.3 Sales forecasting (HL)
      • U4.4 Market research
      • U4.5 The 4 Ps (product, price, promotion, place)
        • U4.5.1 Product
        • U4.5.2 Price
        • U4.5.3 Promotion
        • U4.5.4 Place
      • U4.6 The extended marketing mix of seven P's (HL)
      • U4.7 International marketing (HL)
      • U4.8 E-commerce
    • Unit 5 Operations
      • U5.1 The role of operations management
      • U5.2 Production methods
        • U5.2.1 Job production
        • U5.2.2 Batch production
        • U5.2.3 Mass production
        • U5.2.4 Cellular manufacturing
        • U5.2.5 Changing production method
        • U5.2.6 Choosing production method
      • U5.3 Lean production and quality management (HL)
        • U5.3.1 Methods of lean production
        • U5.3.2 Cradle-to-cradle design and manufacturing
        • U5.3.3 Quality control and quality assurance
      • U5.4 Location
        • U5.4.1 Factors in locating a business
        • U5.4.2 Impact of globalisation on location
        • U5.4.3 Outsourcing and offshoring
      • U5.5 Production planning (HL)
      • U5.6 Research and development (HL)
      • U5.7 Crisis management and contingency planning (HL)
  • IA
    • IA1 Overview
    • IA2 SL Written Commentary
      • IA2.1 IA criteria - SL
      • IA2.2 Sample IAs
    • IA3 HL Research Project
      • IA3.1 IA criteria - HL
      • IA3.2 Sample IAs
    • IA4 Tips and checks
  • EE
    • EE1 Overview
    • EE2 Choice and treatment of topic
    • EE3 Assessment Criteria
    • EE4 Examples
  • Skills
    • S1 Research
    • S2 Business tools
  • More
    • Home
    • Course Guide
      • Aims & Objectives
      • Command Terms
      • Concepts, Contexts & Content
      • Curriculum Overview
      • Assessment
        • Paper 1
        • Paper 2
      • Case Studies
      • Links to TOK
      • Symposium Series
      • Book Reviews
    • Course Units
      • Unit 1 Organisation
        • U1.1 Intro to business management
          • U1.1.1 The role of business
          • U1.1.2 Business functions
          • U1.1.3 Sectors of business activity
          • U1.1.4 Entrepreneurship and Intrapreneurship
          • U1.1.5 Reasons for starting a business
        • U1.2 Types of organisations
          • U1.2.1 For-profit organisations
          • U1.2.2 Non-profit organisations
          • U1.2.3 Other types of organisations
        • U1.3 Organisational objectives
          • U1.3.1 Vision and mission statements
          • U1.3.2 Aims, objectives, strategies and tactics
          • U1.3.3 Ethical objectives
          • U1.3.4 SWOT analysis
          • U1.3.5 Ansoff matrix
        • U1.4 Stakeholders
        • U1.5 External environment
        • U1.6 Growth and evolution
          • U1.6.1 Economies and diseconomies of scale
          • U1.6.2 Merits of small vs large organisations
          • U1.6.3 Internal vs external growth
          • U1.6.4 Impact of globalisation
          • U1.6.5 Multinational companies
        • U1.7 Organisational planning tools (HL)
      • Unit 2 HR
        • U2.1 Functions and evolution of HR management
        • U2.2 Organisational structure
        • U2.3 Leadership and management
        • U2.4 Motivation
        • U2.5 Organisational culture (HL)
        • U2.6 Industrial/employee relations (HL)
      • Unit 3 Finance & Accounts
        • U3.1 Sources of finance
        • U3.2 Costs and revenues
        • U3.3 Break-even analysis
        • U3.4 Final accounts
        • U3.5 Profitability and liquidity ratio analysis
        • U3.6 Efficiency ratio analysis (HL)
        • U3.7 Cash flow
        • U3.8 Investment appraisal (HL)
        • U3.9 Budgets (HL)
      • Unit 4 Marketing
        • U4.1 The role of marketing
        • U4.2 Marketing planning
        • U4.3 Sales forecasting (HL)
        • U4.4 Market research
        • U4.5 The 4 Ps (product, price, promotion, place)
          • U4.5.1 Product
          • U4.5.2 Price
          • U4.5.3 Promotion
          • U4.5.4 Place
        • U4.6 The extended marketing mix of seven P's (HL)
        • U4.7 International marketing (HL)
        • U4.8 E-commerce
      • Unit 5 Operations
        • U5.1 The role of operations management
        • U5.2 Production methods
          • U5.2.1 Job production
          • U5.2.2 Batch production
          • U5.2.3 Mass production
          • U5.2.4 Cellular manufacturing
          • U5.2.5 Changing production method
          • U5.2.6 Choosing production method
        • U5.3 Lean production and quality management (HL)
          • U5.3.1 Methods of lean production
          • U5.3.2 Cradle-to-cradle design and manufacturing
          • U5.3.3 Quality control and quality assurance
        • U5.4 Location
          • U5.4.1 Factors in locating a business
          • U5.4.2 Impact of globalisation on location
          • U5.4.3 Outsourcing and offshoring
        • U5.5 Production planning (HL)
        • U5.6 Research and development (HL)
        • U5.7 Crisis management and contingency planning (HL)
    • IA
      • IA1 Overview
      • IA2 SL Written Commentary
        • IA2.1 IA criteria - SL
        • IA2.2 Sample IAs
      • IA3 HL Research Project
        • IA3.1 IA criteria - HL
        • IA3.2 Sample IAs
      • IA4 Tips and checks
    • EE
      • EE1 Overview
      • EE2 Choice and treatment of topic
      • EE3 Assessment Criteria
      • EE4 Examples
    • Skills
      • S1 Research
      • S2 Business tools

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Extended Essay

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EE1 Overview

EE2 Choice and treatment of topic

EE3 Assessment Criteria

The world of business management offers much potential for creative extended essays. Living in an increasingly globalized world, students are involved as actors in what businesses do, from being consumers of goods and services to being campaigners for increased social responsibility. Fascinating decision-making takes place within business organizations in areas such as human resource management, production and marketing. Students have a genuine interest in many aspects of business management and thus may wish to explore them in more depth through their own independent research.

Although students are expected to base their extended essay on secondary resources, there are opportunities for primary research as well, to be applied where appropriate. Students may wish to use secondary material such as company data, which is often accessible due to the reporting requirements of businesses. The use of interviews and surveys with managers and other stakeholders may also be undertaken and these present students with opportunities to explore the real-world application of business tools, techniques and theories.

The breadth and depth of the business management course facilitates students researching topics that allow for meaningful and relevant links to be made between the syllabus and the requirements of the extended essay.

The interdisciplinary, issue-based approach of the world studies extended essay also offers a wealth of opportunities for independent research that draws on the discipline of business management, in addition to at least one other discipline. Students could examine the role of businesses’ decision-making processes in terms of their effects on the environment or the way in which international standards relating to work practices and human rights manifest themselves at a local level. Students who choose to undertake a world studies extended essay should be encouraged to think about their essays in relation to global themes. This may be an opportunity for students to make use of the six concepts that underpin the business management course in their extended essay work.

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