Year 11 Business Management Units 1 and 2
Overview
Business Management is a dynamic subject that doesn’t require any specific pre-knowledge or skills. If you are interested in how businesses operate, how they make decisions, or how a person could start, own or manage a business, this subject is a great choice for you.
In semester 1, you will investigate:
- entrepreneurship
- creating and developing a business idea
- factors that may affect business planning.
In semester 2, you will explore:
- legal and financial considerations when establishing a business
- how marketing supports the achievement of business objectives
- the importance of staff and their management.
All topics will consider how businesses can operate ethically and socially responsibly to make a difference in the world.
Who is it for?
This subject is a great choice for you if:
- you would like to know how a business operates and the types of decisions it has to make
- you would like to know more about being an entrepreneur, marketing or managing staff
- you want to learn the decisions that go into preparing a business plan and starting your own business
- you would love to one day manage or run a business
- you prefer ‘real-life’ or more ‘practical’ type subjects
- you like applying what you have learnt to different situations and case studies.
What do you do?
Here are insights from past students:
‘I enjoyed learning different note taking methods as it helped me to discover which suits my style best and helped me in other subject for note-taking as well’
‘I find the webex live lesson very helpful because we can have discussions and get questions answered and also hear other students questions.’
‘It’s amazing! I really enjoyed the business plan we created. It was something different to what we normally do in other subject. So far, I’m loving business management.’
‘I absolutely loved making the business plan. I found it so interesting watching my idea come together.’
‘I enjoyed the case study activities as I got to learn but also try figure out solutions to every day business problem.’
What skills do you need?
An enthusiasm for learning about all types of businesses and applying your knowledge to real life business case studies and successful young business owners.
What skills do you develop?
- Analyse case studies and examples of businesses
- Consider choices to be made when starting a business
Requirements
You must have access to the internet to access this course. All work will be completed and submitted online weekly.
Things to think about
This subject is a great choice if you are interested in businesses and how they operate. Assessments in Business Management are centered around applying theory to business scenarios. The focus in Business Management is ‘precise and concise’, no lengthy essays!
Things you can do now
- Talk to anyone who is managing or running their own business about what it’s like.
- Have a look at the Study Design on the VCAA website – this tells you exactly what you will be covering throughout the year Pages – Business Management (vcaa.vic.edu.au)
Things to have a look at
Thankyou Water
A discussion of how Thankyou Water was started
VCAA Business Management