Unit One Business Management
Course Timeline Semester One 2015
Area of Study One – Introducing BusinessOutcome
One / By the end of this area of study you should be able to:
“Explain a set of generic business characteristics and apply them to a range of businesses”
4 weeks / Course Content / Homework / School Assessed Coursework
- Features of organisations including profit and not-for-profit organisations (1.1)
- Task One – Blue Illusion Worksheet
- Task Two – Profit and Not-For-Profit Worksheet
- Test Your Understanding Qs 1 & 2 (page 10)
- Features of, and distinctions between, small, medium and large businesses (1.3)
- Intro Notes
- Question Sheet
- Test Your Understanding Qs 1-6 (page 15)
- Objectives of different types of organisations (1.4)
- Read pages 11-15
- TYU 1-5 page 13
- Test Your Understanding (page 17 – Question 6 only
- Contributions of Small Business to the economy (1.5)
- Read pages 16-17
- Worksheet
- Environments – internal and external (operating and macro) (1.6-1.7)
- Series of text-based activities
- Stakeholders & Business ethics and social responsibility (1.8)
- Series of text-based activities
- Revision
- Revision Sheet
February 16
SAC 1 – Structured Questions
Area of Study Two – Small Business Planning, Decision-Making and Evaluation
Outcome Two / By the end of this area of study you should be able to apply decision-making and planning skills to establish and operate a small business, and evaluate the management of an ethical and a socially responsible small business.
Part One Major Decisions relating to Establishing a Business
5 weeks / Course Content / Homework / School Assessed Coursework
- Motivation for starting SB (2.1)
- Mocks Article Task
- Motivation & Management
- 2.1 - Test Your Understanding Qs 1-3
- Concept Development & Initial Market Research (2.2)
- Complete Glossary Task
- Complete series of text-based tasks
- Apply Your Understanding 4a-d
- Innovation & Entrepreneurship (2.3)
- Test Your Understanding – Qs 1-6
- Apply Your Understanding – Question 8 (enya)
- Introductory Summary Task
- Forms of Business Ownership and Business Structure (2.4-2.5)
- Copy PPT notes where appropriate
- Identify 5 types of ownership structure
- Summary table of ownership structures – advantages and disadvantages
- 2.4 - Test Your Understanding Qs 8 & 9
- Types of Business Opportunities (2.6)
- Name and describe 3 business opportunities
- Complete glossary task
- 2.6 - Test Your Understanding Qs 1, 2, 3, 5, 6 & 7
- Factor Affecting Location (2.7)
- Location Factors PPT
- Location Factors Worksheet
- Commence work on SAC 2 A - Business Plan
- Business Support Services (2.8)
- Preparation of Brochure “Advice for Small Business Owners”
Area of Study Two – Small Business Planning, Decision-Making and Evaluation
Outcome
Two / apply decision-making and planning skills to establish and operate a small business, and evaluate the management of an ethical and a socially responsible small business.
Part Two – Major Business Planning throughout the life of a Small Business
3 weeks /
- Major Business Planning (3.1 – 3.2)
- Chap 3.1 – Test Your Understanding Qs 1-5
- Complete Part One - Resources Activity
- Continue work on SAC 2A - Business Plan
- Human & Financial Needs (3.3 – 3.4)
- Complete Part Two – Resources Activity
SAC2 – Part A – Business Plan
- Ethical And Socially Responsible Management (3.6)
Part Three
Business Evaluation
2 weeks /
- Financial & Non-Financial Indicators
- Read Chapter 4.1
- Test Your Understanding Qs 1-7
- Apply Your Understanding Qs 8
SAC2 – Part B – Structured Questions
Area of Study Three – Day-to-Day Operations (Staffing a Small Business)
Outcome
Three / By the end of this area of study you should be able to discuss the day-to-day operations associated with a small business & apply the operations to a business situation (staffing a small business)
3 weeks / This topic is delivered and assessed through the completion of a booklet – “Managing Staff in a Small Business” /
- WR 1 - Completion of Managing Staff in a Small Business Booklet
SAC 3 – Case Study Analysis Using Booklet as Resource