IB Business and Management SL and HL (Grades 11 & 12)
Business and management is a rigorous and dynamic discipline that examines business decision
-
making
processes and how these decisions impact on and are affected by internal and external
environments.
It is the study of both the way in which individuals and groups interact in an
organization and of the
transformation of resources.
The Diploma Programme business and management course is designed to develop an
understanding of
business theory, as well as an ability to apply business principles, practices and
skills. The application of
tools and techniques of analysis facilitates an appreciation of complex
business activities. The course
considers the diverse range of business organizations and
activities and the cultural and economic context
in which business operates. Emphasis is placed
on strategic decision
-
making and the day
-
to
-
day busine
ss
functions of marketing, production,
human resource management and finance. Links between the topics
are central to the course,
and this integration promotes a holistic overview of business activity.