IB Business and Management Syllabus + Topics

1.1

What is a business?

The nature of business

1.2

Types of business entities

Distinction between the private and the public sectors

2. Human resource management

7 subtopics · 20 teaching hours (SL)

2.1

Introduction to human resource management

Role of human resource management

2.2

Organizational structure

The following terminology in relation to different types of organizational structures. — Delegation

3. Finance and accounts

9 subtopics · 30 teaching hours (SL)

3.1

Introduction to finance

Role of finance for businesses. — Capital expenditure

3.2

Sources of finance

The following internal sources of finance. — Personal funds (for sole traders)

4. Marketing

6 subtopics · 30 teaching hours (SL)

4.1

Introduction to marketing

Market orientation versus product orientation

4.2

Marketing planning

The role of marketing planning

5. Operations management

9 subtopics · 15 teaching hours (SL)

5.1

Introduction to operations management

The role of operations management

5.2

Operations methods

The following operations methods. — Job production