Ib Business and Management Sylabus
Syllabus
Syllabus details
HL and SL core
Topic 1: Business organization and environment
Content HL/SL core 1.1 HL extension Learning outcomes HL/SL core HL additional
Nature of business activity Identify inputs, outputs and processes of a business. Describe how business activity combines human, physical and financial resources to create goods and services. Explain the role of the different business departments in overall business activity.
What is a business?
Business functions · Production/operations · Marketing · Finance · Human resources/personnel
Primary, secondary and tertiary sectors
Explain the nature of Analyse the impact on business activity in each business activity of sector. changes in economic structure.
1.2
Types of organization Distinguish between organizations in the private and public sectors. Analyse the relationship between organizations in the private and public sectors.
Private sector and public sector
12
© International Baccalaureate Organization 2007
Syllabus details
Content HL/SL core Starting a business · Reasons for setting up a business · Identifying a market opportunity · Possible problems faced by start-ups HL extension
Learning outcomes HL/SL core Explain the reasons for setting up a business. Explain the process a business will have to go through to start up. Analyse the problems that business start-ups may face. Distinguish between different types of business organization and identify their main features. Analyse the extent to which ownership and control differ in organizations. Evaluate the most appropriate form of ownership for a firm. Analyse the impact of the division between ownership and control on internal and external stakeholders. HL additional
Profit-based organizations · Sole traders · Partnerships · Companies/ corporations
Non-profit and non-governmental organizations (NGOs), including charities and pressure groups
Compare and contrast the objectives of NGOs and
Syllabus details
HL and SL core
Topic 1: Business organization and environment
Content HL/SL core 1.1 HL extension Learning outcomes HL/SL core HL additional
Nature of business activity Identify inputs, outputs and processes of a business. Describe how business activity combines human, physical and financial resources to create goods and services. Explain the role of the different business departments in overall business activity.
What is a business?
Business functions · Production/operations · Marketing · Finance · Human resources/personnel
Primary, secondary and tertiary sectors
Explain the nature of Analyse the impact on business activity in each business activity of sector. changes in economic structure.
1.2
Types of organization Distinguish between organizations in the private and public sectors. Analyse the relationship between organizations in the private and public sectors.
Private sector and public sector
12
© International Baccalaureate Organization 2007
Syllabus details
Content HL/SL core Starting a business · Reasons for setting up a business · Identifying a market opportunity · Possible problems faced by start-ups HL extension
Learning outcomes HL/SL core Explain the reasons for setting up a business. Explain the process a business will have to go through to start up. Analyse the problems that business start-ups may face. Distinguish between different types of business organization and identify their main features. Analyse the extent to which ownership and control differ in organizations. Evaluate the most appropriate form of ownership for a firm. Analyse the impact of the division between ownership and control on internal and external stakeholders. HL additional
Profit-based organizations · Sole traders · Partnerships · Companies/ corporations
Non-profit and non-governmental organizations (NGOs), including charities and pressure groups
Compare and contrast the objectives of NGOs and