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IB
Business
DP
Business Management
HL
Revision Notes
DP IB Business Management: HL Revision Notes
Concise resources for the DP IB Business Management: HL course.
1. Introduction to Business Management
1.1 What is a Business?
The Nature of Business
The Four Business Sectors
Entrepreneurship
Starting up a Business
1.2 Types of Business Entities
Private & Public Sector Businesses
Types of For-Profit (Commercial) Businesses
Types of For-Profit Social Enterprises
Types of Non-Profit Social Enterprises
1.3 Business Objectives
Aims, Objectives, Strategies & Tactics
Common Business Objectives
Corporate Social Responsibility (CSR)
1.4 Stakeholders
Internal & External Stakeholders
Stakeholder Conflicts
1.5 Growth & Evolution
Economies & Diseconomies of Scale
To Grow or Not To Grow?
Types of Business Growth
1.6 Multinational Companies (MNCs)
Multinational Companies (MNCs)
2. Human Resource Management
2.1 Introduction to Human Resource Management
Human Resource Planning
Recent Trends in Workplace Change
Resistance to Change & Change Management
2.2 Organisational Structure
Organisational Design
Types of Organisational Charts
Adaptive Organisational Structures
2.3 Leadership & Management
Types of Leadership Styles
2.4 Motivation & Demotivation
Motivational Theories: Taylor, Maslow, Herzberg
Motivational Theories: Other Theories
Labour Turnover
Types of Employee Appraisal
Methods of Recruitment
Types of Financial Rewards
Types of Non-Financial Rewards
Types of Training
2.5 Organisational (Corporate) Culture
Types of Culture
Cultural Clashes
2.6 Communication
Formal & Informal Communication
2.7 Industrial Relations
Sources of Conflict with Employees
Approaches to Conflict
Conflict Resolution Processes
3. Finance & Accounts
3.1 Introduction to Finance
Role of Finance for Businesses
3.2 Sources of Finance
Internal Sources of Finance
External Sources of Finance
The Best Choice of Finance
3.3 Costs & Revenues
Types of Costs
Sales Revenue
3.4 Final Accounts
Statement of Profit or Loss
Statement of Financial Position (Balance Sheet)
Depreciation Methods
3.5 Profitability & Liquidity Ratio Analysis
Profitability Ratios
Liquidity Ratios
3.6 Efficiency Ratio Analysis
Efficiency Ratios: Stock Turnover & Gearing Ratio
Efficiency Ratios: Debtor & Creditor Days
3.7 Cash Flow
Cash Flow & Working Capital
Cash Flow Forecasts
Strategies to Improve Cash Flow
3.8 Investment Appraisal
Simple Payback Period
Average Rate of Return (ARR)
Net Present Value (NPR)
3.9 Budgets
Cost & Profit Centres
Budgets & Variances
4. Marketing
4.1 Introduction to Marketing
Marketing & Markets
Market Share & Growth
4.2 Marketing Planning
The Role of Marketing Planning
Unique Selling Points & Differentiation
4.3 Sales Forecasting
Benefits & Limitations of Sales Forecasting
4.4 Market Research
Types of Market Research
Sampling Methods
4.5 The Marketing Mix (7 P's)
The Marketing Mix: Product
Product Portfolio Analysis
Product Branding
The Marketing Mix: Common Pricing Strategies
The Marketing Mix: Advanced Pricing Strategies
The Marketing Mix: Promotion
The Marketing Mix: Place
The Marketing Mix: People
The Marketing Mix: Processes
The Marketing Mix: Physical Evidence
4.6 International Marketing
Entering & Operating Internationally
5. Operations Management
5.1 Introduction to Operations Management
The Purpose of Operations Management
5.2 Operations Methods
Types of Production Methods
5.3 Lean Production & Quality Management
Lean Production
Quality Management
5.4 Location
Choosing a Production Location
Reorganising Production
5.5 Break-Even Analysis
Break-Even Analysis
Changes to & Limitations of Break-Even
5.6 Production Planning
Supply Chain Processes
Stock Control Charts
Useful Production Metrics
5.7 Crisis Management & Contingency Planning
Crisis Management
Contingency Planning
5.8 Research & Development (R&D)
Research, Development & Innovation
5.9 Management Information Systems
Information System Terminology
Data Management
6. The Business Management Toolkit
6.1 The Business Management Toolkit
SWOT Analysis
Ansoff Matrix
STEEPLE Analysis
Boston Consulting Group (BCG) Matrix
Business Plan
Decision Trees
Descriptive Statistics
Circular Business Models
Force Field Analysis
Gantt Charts
Hofstede’s Cultural Dimensions
Porter's Generic Strategies
Contribution
Critical Path Analysis
Simple Linear Regression
6.2 Business Management Toolkit Case Studies
SWOT & STEEPLE Analysis: AirBnB
BCG Matrix & Decision Trees: Starbucks
Business Plans & Descriptive Statistics: Sunset Sails Tours
Exam boards
DP IB Business Management: SL
Study tools
DP IB Business Management · Exam Questions
DP IB Business Management · Flashcards
DP IB Business Management · Past Papers
Related links
IB Business · Revision Notes
IB Business · Exam Questions
IB Business · Flashcards
IB Business · Past Papers