Unit 1 Introduction to business management

1.1 What is a business?

1.2 Types of business entities

1.3 Business objectives

1.4 Stakeholders

1.5 Growth and evolution

1.6 Multinational companies (MNCs)

Unit 2 Human resource management

2.1 Introduction to human resource management

2.2 Organizational structure

2.3 Leadership and management

2.4 Motivation and demotivation

2.4.1—SL motivation theories

2.4.2 (HL)—HL motivation theories

2.4.3 (HL)—Labour turnover

2.4.4 (HL)—Appraisal

2.4.5 (HL)—Recruitment

2.4.6—Financial rewards

2.4.7—Non-financial rewards

2.4.8—Training

2.5 Organizational (corporate) culture

2.6 Communication

2.7 Industrial/employee relations

Unit 3 Finance and accounts

3.1 Introduction to finance

3.2 Sources of finance

3.3 Costs and revenues

3.4 Final accounts

3.5 Profitability and liquidity ratio analysis

3.6 Efficiency ratio analysis

3.7 Cash flow

3.8 Investment appraisal

3.9 Budgets

Unit 4 Marketing

4.1 Introduction to marketing

4.2 Marketing planning

4.3 Sales forecasting

4.4 Market research

4.5 The seven Ps of the marketing mix

4.6 International marketing

Unit 5 Operations management

5.1 Introduction to operations management

5.2 Operations methods

5.3 Lean production and quality management

5.4 Location

5.5 Break-even analysis

5.6 Production planning

5.7 Crisis management and contingency planning

5.8 Research and development

5.9 Management information systems

Unit 6 Business management toolkit

6.1 Business management tools

IB Business Management HL 2.4.5 (HL)—Recruitment Question Bank

• Apply methods of recruitment

• Evaluate internal and external recruitment

• Recruitment methods differ in cost, speed, quality of applicants, motivation, and organizational knowledge

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