Year 12 Business Management Units 3 and 4
Unit 3 explores the key processes and issues involved with managing a business efficiently and effectively to achieve business objectives. You will examine different types of businesses; considering corporate culture, management styles, management skills and the relationship between these. You will also investigate strategies to manage both staff and business operations to meet objectives.
Unit 4 looks at theories and strategies related to transforming a business. This is because businesses are under constant pressure to adapt and change to meet their objectives. You will have to consider the importance of reviewing key performance indicators to determine current performance and the strategic management necessary to position a business for the future. Also, you will study a theoretical model to make change. This involves considering different strategies to manage change in the most efficient and effective way to improve business performance. You will also investigate the importance of leadership in change management.
Who is it for?
Business Management is ideal for every student who would like to work in business in some capacity in the future. It is also a great subject to help you understand current affairs and the economy.
What do you do?
Activities are varied from self-correcting exercises to sending in a variety of responses every week to a wide ranging series of tasks.
Often we include optional work to broaden the scope of potential activities for students.
What skills do you need?
There are no prerequisites but you do need to do a fair amount of reading and writing.
What skills do you develop?
You will develop skills including:
- defining, describing and applying relevant business management concepts and terms
- research and analysing case studies and contemporary examples of business management
- interpreting, discussing and evaluating business information and ideas
- applying business management knowledge to practical or simulated business situations.
Internet is needed to access this course. All work will be completed and submitted online weekly.
No textbook is required.
Things to think about
There is a large amount of reading required for this subject. It is also expected that you will develop the skill to write detailed extended response answers.
It is expected that students dedicate 6–8 hours per week to this subject.