st andrews hs business studies dept higher business management

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St Andrews HS Business Studie s Dept Higher Business Higher Business Management Management

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Page 1: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Higher Business Higher Business ManagementManagement

Page 2: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Why Business Management?Why Business Management?

Business and enterprise are at the heart of Business and enterprise are at the heart of national growth and development. This is national growth and development. This is reflected in the importance of business reflected in the importance of business education in schools and colleges today. education in schools and colleges today. This course offers you the opportunity to This course offers you the opportunity to acquire skills and knowledge which will acquire skills and knowledge which will allow you to participate in the complex allow you to participate in the complex world of business and information. world of business and information. Whether or not you intend to have a Whether or not you intend to have a career in business, the course will enable career in business, the course will enable you to enhance your individual you to enhance your individual effectiveness.effectiveness.

Page 3: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Course OutlineCourse Outline

Business in Contemporary SocietyBusiness in Contemporary Society

Business Decision Areas: Marketing Business Decision Areas: Marketing and Operations and Operations

Business Decision Areas: Finance and Business Decision Areas: Finance and Human Resource Management Human Resource Management

Page 4: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Business in Contemporary SocietyBusiness in Contemporary Society

This section of the unit deals with:This section of the unit deals with: The role of business in society The role of business in society Types and objectives of business Types and objectives of business

organisations organisations The role of enterprise and the The role of enterprise and the

entrepreneur entrepreneur Stakeholders such as shareholders, Stakeholders such as shareholders,

customers and employees. customers and employees. Factors affecting the operation of Factors affecting the operation of

business business Business as a dynamic activity, for Business as a dynamic activity, for

example the impact of changes in example the impact of changes in demand demand

Page 5: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Business Information and ICTBusiness Information and ICT

This section of the unit deals with:This section of the unit deals with: Sources, types and value of Sources, types and value of

information information Examples of IT Examples of IT ICT in business, including business ICT in business, including business

software software

Page 6: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Decision Making in BusinessDecision Making in Business

This section of the unit deals withThis section of the unit deals with The nature and types of decision The nature and types of decision

making making The decision making model The decision making model Strengths, weaknesses, Strengths, weaknesses,

opportunities, threats (SWOT) opportunities, threats (SWOT) analysis analysis

Problems of structured models Problems of structured models

Page 7: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Internal OrganisationInternal Organisation

Internal Organisation – This section deals Internal Organisation – This section deals with:with:

The grouping of activities - function, The grouping of activities - function, product/service, customers, technology, product/service, customers, technology, staff staff

Functional activities of organisations Functional activities of organisations Forms of organisational structure - Forms of organisational structure -

hierarchical, flat, matrix, entrepreneurial, hierarchical, flat, matrix, entrepreneurial, centralised and decentralised centralised and decentralised

Aspects of organisational structure - such Aspects of organisational structure - such as organisation charts, formal and informal as organisation charts, formal and informal structures, changes in structure structures, changes in structure

Page 8: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Business Decision Areas: Marketing Business Decision Areas: Marketing

and Operationsand Operations

Marketing - Marketing - This section of the unit deals This section of the unit deals with:with:

The marketing concept, including The marketing concept, including marketing of products and services marketing of products and services

The marketing mix, including place and The marketing mix, including place and pricing strategies pricing strategies

Target markets, including niche Target markets, including niche marketing and market growth marketing and market growth

Market research, including surveys, Market research, including surveys, questionnaires and interviews.questionnaires and interviews.

Page 9: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Business Decision Areas: Business Decision Areas: Marketing and OperationsMarketing and Operations

Operations - Operations - This section of the unit deals This section of the unit deals with: with:

Input, process and output - for example, Input, process and output - for example, production systems and stock control production systems and stock control

Distribution and delivery - warehouse, Distribution and delivery - warehouse, transporting, scheduling transporting, scheduling

Types of operations - job, batch, flow Types of operations - job, batch, flow Factors affecting quality - quality control Factors affecting quality - quality control

and management and management

Page 10: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Business Decision Areas: Business Decision Areas: Finance and Human Resource Finance and Human Resource

Management Management Financial Management - Financial Management - This section of the unit This section of the unit deals withdeals with

The role and importance of the finance function The role and importance of the finance function in organisations in organisations

Financial information, including balance sheets Financial information, including balance sheets and profit and loss accounts and profit and loss accounts

Cash flow management – liquidity, decision Cash flow management – liquidity, decision making, projection making, projection

Budgetary control – uses, including monitoring Budgetary control – uses, including monitoring and controlling activity and controlling activity

Ratio analysis, including gross profit/sales, Ratio analysis, including gross profit/sales, return on capital and current ratio (calculation return on capital and current ratio (calculation of ratios is not required). of ratios is not required).

Page 11: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Business Decision Areas: Business Decision Areas: Finance and Human Resource Finance and Human Resource

ManagementManagementHuman Resource Management - Human Resource Management - This This section of the unit deals with:section of the unit deals with:

The role and importance of human The role and importance of human resources in organisations resources in organisations

Changing pattern of employment within Changing pattern of employment within organisations organisations

Recruitment and selection Recruitment and selection Training and development Training and development Employee relations Employee relations Legislative requirements Legislative requirements

Page 12: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

22 requirements to attain a requirements to attain a pass at Higher Levelpass at Higher Level

To To passpass the the external external examinationexamination To To passpass all the all the internal internal

assessmentsassessments relating to the relating to the Learning Outcomes.Learning Outcomes.

Page 13: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Internal AssessmentInternal Assessment

There will be There will be 33 internal assessments, internal assessments, one on Business Enterprise and one one on Business Enterprise and one on the two joint decision areason the two joint decision areas

  Internal Organisation will be covered Internal Organisation will be covered in the course but will not be in the course but will not be internally assessed but will be internally assessed but will be assessed in the final examination.assessed in the final examination.

Page 14: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Internal AssessmentInternal Assessment

Each pupil must Each pupil must passpass the assessment the assessment relating to the learning outcome. relating to the learning outcome. One resitOne resit will be permitted although will be permitted although it is always more advantageous to it is always more advantageous to pass at the first attempt.pass at the first attempt.

Page 15: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

Final ExamFinal Exam

There will be one final examination There will be one final examination of 100 marks, which will consist of of 100 marks, which will consist of a case study (50 marks) and an a case study (50 marks) and an extended response paper where extended response paper where candidates must choose to do 2 candidates must choose to do 2 questions from a choice of 5;each questions from a choice of 5;each question is worth 25 marks.question is worth 25 marks.

Page 16: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

What you can do? (1)What you can do? (1)

Homework and class work will Homework and class work will involve working on case studies from involve working on case studies from past papers and answering extended past papers and answering extended response questions.response questions.

Reading a quality newspaper will be Reading a quality newspaper will be invaluable especially the Business invaluable especially the Business Sections. Current affair programmes Sections. Current affair programmes would also be most useful.would also be most useful.

Page 17: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

What you can do? (2)What you can do? (2) Attention leads to learningAttention leads to learning. In . In

other words, attention is a other words, attention is a prerequisiteprerequisite to learning. And to learning. And there's no way around it! If a pupil there's no way around it! If a pupil pays little attention in class, very pays little attention in class, very little learning will occur at that time. little learning will occur at that time. I estimate that if a pupil has good I estimate that if a pupil has good attention in class, it is worth 2-3 attention in class, it is worth 2-3 hours of study out of class. In other hours of study out of class. In other words, words, pay attention in class and pay attention in class and it reduces your study time it reduces your study time outside of classoutside of class. .

Page 18: St Andrews HS Business Studies Dept Higher Business Management

St Andrews HS Business Studies Dept

What you can do? (3)What you can do? (3) Ask Ask questionsquestions if you are not sure? if you are not sure? Make sure you Make sure you completecomplete your your

homeworkhomework ReadRead over your core over your core notesnotes PracticePractice past paper past paper questionsquestions