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Department
Biological Sciences
Course
BISC 102
Professor
clarke
Semester
Spring

Description
MANAGEMENT OF BUSINESS HIGHER 2 (Syllabus 9756) CONTENTS Page AIMS 1 ASSESSMENT OBJECTIVES 1 SPECIFICATION GRID 1 SCHEME OF ASSESSMENT 2 SYLLABUS CONTENT 3 RESOURCE LIST 33 9756 H2 MANAGEMENT OF BUSINESS (2013) AIMS To enable candidates to: 1.1 understand the nature and scope of business and its role in society 1.2 develop an understanding of the: – organisation and operation of business enterprises – decision making process in business through a problem solving approach 1.3 develop skills in: – analysing and solving business problems – interpreting data and information – effecteommunication The emphasis should be on the application of concepts and issues to the local context. ASSESSMENT OBJECTIVES The assessment objectives provide a general indication of the skills that the scheme of assessment is designed to test. Candidates should be able to: 2.1 Knowledge – demonstrate knowledge and understanding of the specified content 2.2 Application – apply this knowledge and understanding to problems and issues in different situations 2.3 Analysis – analyse problems, issues and situations 2.4 Evaluation 1 assess information from a variety of sources 2 check consistency in conclusions and provide alternative explanations 3 evaluate the reliability of materials SPECIFICATION GRID The relationship between the skills and the scheme of assessment is shown in the following specification grid: Paper Knowled AgeplicaionalyEsaluatioTotWl eighting Sect A 14 ± 4 14 ± 4 12 ± 4 10 ± 4 50 25% 1 Sect B 12 ± 4 12 ± 4 12 ± 4 14 ± 4 50 25% Sect A 12 ± 4 12 ± 4 8 ± 4 8 ± 4 40 20% 2 Sect B 12 ± 4 12 ± 4 18 ± 4 18 ± 4 60 30% Total 50 50505021 000% 1 9756 H2 MANAGEMENT OF BUSINESS (2013) SCHEME OF ASSESSMENT Paper 1 (3 hours, 50%) Section Type Number of Questions Maximum Mark 5 to 7 short answer A SQ tuctteds 50 questions StudB Case Questions based on 1 50 case study Paper 2 (3 hours, 50%) Section Type Number of Questions Maximum Mark 4 to 6 questions based ResAponseta on 1 group of data 40 B Essay 3 from choice of 6 60 2 9756 H2 MANAGEMENT OF BUSINESS (2013) SYLLABUS CONTENT 5.1 Overview The syllabus content is organised into six main sections as follows: I) Business and The Environment a. The Need For and Nature of Business Activity b. Business and Economic Structure c. Business Size and Growth d. Globalisation of Business e. DecisioMaking II) People In Organisations a. The Need For and Nature of Organisational Structure b. Motivation, Leadership and Management c. BusinesCommunication d. Human ResourceManagement III) Marketing a. The Nature of the Market and The Role of Marketing b. The Marketing Mix IV) Production a. Nature of Production b. Methods of Production c. Costof roduction d. Other Aspects of Production Decision V) BusinFeinance a. Financial Objectives of Business b. FinancDecisions c. Financial Institutions d. Usesof inanciaIlnformation VI) Information For Decision Making a. Sources of Information b. Nature of Information c. CollectiInformation d. Analysis and Use Themes such as innovation and change, social and environmental responsibilities, information technology and ethical considerations should be integrated across the topics. 3 9756 H2 MANAGEMENT OF BUSINESS (2013) not objectives Careqinltdioltioarr to Whsepsatrhaotttssxiattraigacolaryfhielegal structure in Whnetddfbufsteultdeur,cetotncstt,rfclelherauaitflttcrarruoflesemlngnsetlh BSINESS NTURE OF FR AND EED N The– –phases – –this toHEc are:able to:brvctvseopportunities ansolerrnrtthrmhianiess as business pursue their short-term and long-term A Nature of busueblcaondyepiatnrrcti–iisfare:torreaohesi(;rvute be 5.2 I. MAN BAGSEIMEESNSTANDF Ba)STIN VSISOSNYMLLNATBUS CONTENT NOTES FOR GUIDANCE 4 9756 H2 MANAGEMENT OF BUSINESS (2013) Onlf rnalemcinitqidieydstems Whectasertiicomtleaiton,owftiesn-mofking andhbctieniiantidrfe.edrnmtlrgasitamsmgeandraltor Whectecenty,ylaanefdatcrnsofytandmarixetdievhzttorvahfaa.,shltdkrefhttriiatenasitersmfsllfem:itcraal and TRUCTURE S GOWTH EONOMIC SZE AND USINESS AND USINESS Frsyseetersprise and other economicof a busiensficance ofBmusilessisznsanidsfnfncill requirements (b) B C(c) BENT NOTES FOR GUIDANCE 5 9756 H2 MANAGEMENT OF BUSINESS (2013) Issue:izhsymciss:zeosrcautdiatnrftsfftreetvfniffrentRefer to proposed model in this syllabus procedsstifdehliidilemttitedtissriellndcitsand Objec TveeproAeessmitertotceowstrlnis inluence GivsceuxsnGplifefdlidpelstfitaeatintsggecmohtorzoint–l,ati–cal,ih–tigtotralnt to the USINESS B AKING M LOBALISATION OF ECISION Stabesinesseonfofftrentosztasof coninrsintoatrldelbnNature of decision making CONTEN( Td) G (e) D NOTES FOR GUIDANCE 6 9756 H2 MANAGEMENT OF BUSINESS (2013) E.gm.buieieosprerisstntwblysosurrktnocaptial crucitlocdhifrgnetitiesoorfdetcision Different stages of the cycle are most – Wh strirottambsitnrtturprriwvaltsrcftlmreettraanraftiiryiTcernitbtoia.tafrdateeibleintnghbiytesay of imtmrteance eacho objecieeehisaadffnrftttfotrblshepriority Stages of Beusunvssaltrosfi,–ng:bs,iressthobjdctocia:l CONTENT NOTES FOR GUIDANCE 7 9756 H2 MANAGEMENT OF BUSINESS (2013) In arcahl,chtreqqkolmltsnttosoaflthe ComupiirntfydctottrtIssuoe:roectnopadntoomteerfthisesfehellhegoeoafisnoihfcptnfgt.etbsotisoafrfirmfrtmrials, IllhratlflatwoiretrlWhtactiventaeeohchrrctsorltrolttnoits:riesrriwlsrr;ctuie;;ic–enestnaoieddunaoitnaal l ObPjeocliasl and consrhistThceoawtrnierveniessbstctvitsyupport andologicaln objectives and CONTENT NOTES FOR GUIDANCE 8 9756 H2 MANAGEMENT OF BUSINESS (2013) environments Issuo:tattHnoldtnttvleemburoytisrrnbditieiser,ltiis, to–lutlaoiiterssfsebelncssest:,hetyrees Gipeolecalirtseanlttecthliestce businsosf–buaieeoseietnkehugdi,saibrodcttvlitnoglanrs with the pollotoenlcationseeciaierlylndddeyeirerss needs opfpepoelinththnaltonliyse.. hole e.g. SocBusinerssthork witsitnenconsioenatint for:buanninsolpoivibilte.tfeirtreos, rights CONTENT NOTES FOR GUIDANCE 9 9756 H2 MANAGEMENT OF BUSINESS (2013) Thoergtyiihtgnillsnrgtronnes(ctngii,luiernsowlohally) style and motivation in a Whditadvathteadvaonfttahgeesseaanpdproaches areasnecstssairttilolmivaietstafefecfitisatsa,tomemsittees, by fubytoro:bomttyaebunmaptneos:uceutee:shoutfpastch as Giveeexrucnplnswafhcgrhlalaiejtitllonoofetteestaanreanisation NTURE OF SRUCTURE FR AND EED N The eCmandsiaesoHEhistldbifbflexblpetrhitgrewdtshftdedevsiopmfsentiitarosnatrnct.iessferaeeunsinganisatiosalstrlctere,.leadership O Thweil:ee–do developAapftuacohesl,miarrxnsiuttnrelsstructures: CONTENT NOTES FOR GUIDANCE II. PEOPLE IN(a O)RTGANISATIONS 10 9756 H2 MANAGEMENT OF BUSINESS (2013) inorgaalisraonsspose to Issnf:rmowliroportIntirshnorIlilem:ililshnfiitteelthilctrvataaenisatnnrsktasidallnriofrlict between line : the formal reporting : levels of authority, : : acco:nottuilittmrtneetary : line positions perform the : its meaning, advantages and : power conferred by the formal Identinfoegturisstfthetfettasto,grcuioaaenhchtorlandigs:aluya,oiiesiitltroatitnhppdostifralsiyriniedenptinasyhich hierarhsinspfcocrtliinisatodn/teltntralisation OrginnimatilnglatrOctorsiaft–ruccarr:an–d features of a CONTENT NOTES FOR GUIDANCE 11 9756 H2 MANAGEMENT OF BUSINESS (2013) not Wotreeoifrerdcular Issuo:tfetontthIoreeitrefeaept/siaontmnssnotfryoncantives Givehextimesohtoeheerhtsiye,fop,tdsoieyrrfont,acm.onirott.di-ictmrd,tmttvtieeierdnl;jt;;. job- LADERSHIP AND , McGregor’s Theory X and OTVNATIOMENT M M MoThMe ntedtHntiocrfThenodyYc,isirvaeflnaHeairsannaaieeriplnctiolnotivation CONTENT NOTES FOR GUIDANCE (b)(i) 12 9756 H2 MANAGEMENT OF BUSINESS (2013) ReMlaeGrngdorseToyoYry Wh catararseileqflndImsut;suesvlewphperntttcrshefntifferent deielorctnonatihf)tu(hisapacitnof the tareasecshibeqseatinddmoclaticcextrrcedx)reoryTXh)eory Y) WhWatorintierainiainetforteaff–rraieitqeonttes olatgrrsroeirrefsieWhratmstaaentmaabtinteonraleiingperttfiec,dire:cting LeaPurpose of leadership QuLalteesrsfipgtoleleaderropriateIsfrrfallodgrerihaThMe caagisrpanili;oefmrutaieni;oen;otiation; CONTENT NOTES FOR GUIDANCE (ii) (iii) 13 9756 H2 MANAGEMENT OF BUSINESS (2013) Issueeltivutgse,tcnbvemriaiualofnutt.ral Whiet.tslnnsrrecwititfntpwrtexhttiercectiaelt–fictte,tuapcro.irtohfetiifuhicetiffriitfesiheinterfere CMMUNICATION USINESS The purposeB ofcre.msoirceri,eemcodmioutc,i.con,tiis CONTENT NOTES FOR GUIDANCE (c) B 14 9756 H2 MANAGEMENT OF BUSINESS (2013) Issuet:eowriaatentohaalstldettynpeenft upon Whmat hWedoateroehuopcauimsReolreatveetouncotofamrenntwtmifereliadaa.mnaianfcntefephfpithtintgis the role organisation intgrperaonal within groups one/teoriyle/horiznolrwileiworormal Me–th–d–of communication: Lin–es–of communicati–on: CONTENT NOTES FOR GUIDANCE 15 9756 H2 MANAGEMENT OF BUSINESS (2013) not In hmmpaictHasbrniholtinrfcfuerriing Issredsu:acnpliei,mmisoly,eawmlfael,e Wh Wamitnurhtonucthmmutaaiurscrfemsin,csdaactin,sbjmsomysnilvrctemsenagjectivnetsrebls,apbtsineiiiiidsyihd ANAGEMENT M ESOURCE R UMAN sumpayd for personnel PumrposegoeheumtanRelseorfhuman reOsobjrctieanagementnnel: Em JoJydeenvtltois, job advertisement, CONTENT NOTES FOR GUIDANCE (d) H 16 9756 H2 MANAGEMENT OF BUSINESS (2013) required. Deotrledriiuaturtonhtieyinrivhhtidrffhatston Isseegslutrrlglefyfititatewnrnntofbreurihd a wagweagestamlary actually received businessployethnwtermitof thnisters wihaiithallhceeofonoroyfworakwsole Wh waiitteefrrlatofssipieTtte,wfirotetrngftaeeenir–mtntherrtoalaiecinlratl/Whisrtithtretiatyrcoltmchaangechange organisations conflict osteccivesof employce/fimtloneeement Methods of payment Lab–our/mana–geWmeantrrlaiens:ethods of paymeMnt naging change and conflict CONTENT NOTES FOR GUIDANCE 17 9756 H2 MANAGEMENT OF BUSINESS (2013) entify and adapt to Thtauspctiffelrhpltdaycoreidnd egy and tactics. Mairkhrcugmsiantatonm–entatiappropifatent different marketing strategies, tactics and techniques to id DerinihontofadoHatmmtysLoccoisuernasenrodruonrgtnru,teagnunritcolrstanicgitcoreuheog.eretc. ARKET AND THE M ARKETING M ATURE OF THE N The eCmandanasnoHEhistldtopiatrutoienatssecaoffeloaitenshaenettioitostc.tomers with an emphasis on marketing objectives, strat R BrralatinfAn–alysi–gthe–market:ssiactivities III. MARKETING (a) T CONTENT NOTES FOR GUIDANCE 18 9756 H2 MANAGEMENT OF BUSINESS (2
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