About Bundle and Course Summary
Unit 1: Introduction to IBDP Business Management
This unit provides a foundation in business principles, covering the nature and purpose of businesses, different types of business entities, and the role of stakeholders. Students explore business objectives, growth strategies, and how multinational corporations (MNCs) operate in the global economy.
Unit 2: IBDP Human Resource Management
This unit focuses on the people aspect of business, including workforce planning, organizational structures, leadership styles, motivation theories, corporate culture, communication, and employee relations. HL students also examine industrial relations and corporate culture in-depth.
Unit 3: IBDP Finance and Accounts
Students gain insights into financial decision-making, learning about sources of finance, costs and revenues, final accounts, cash flow, and investment appraisal. HL students dive deeper into financial ratio analysis, budgeting, and debt-equity evaluation to understand financial stability.
Unit 4: IBDP Marketing
This unit covers key marketing concepts, including market research, planning, and the 7Ps of the marketing mix. HL students explore advanced topics like international marketing and sales forecasting to understand global business strategies.
Unit 5: IBDP Operations Management
Students learn how businesses manage production processes, quality control, break-even analysis, and crisis management. HL students also explore lean production, contingency planning, and research and development (R&D) to understand efficient business operations.
IBDP Business Management Toolkit
A collection of practical tools and techniques used in business decision-making, including SWOT analysis, decision trees, ratio analysis, and investment appraisal. This toolkit equips students with quantitative and qualitative analytical skills needed for case studies and exams.