9-12 Course Selection Guide - Mount Eliza Secondary College

Business ManagementIn contemporary Australian society, there is a wide variety of business organisations which vary in terms of size,ownership, objectives, resources and location. These organisations are managed by people who put in place systemsand processes to achieve a range of objectives.Business Management examines the ways in which people at various levels within a business organisation manageresources to achieve the objectives of the organisation. Students develop an understanding of the challenges,complexity and rewards that come from business management and gain insight into the various ways resources can bemanaged in small, medium and large-scale organisations.The study recognises that there is a range of management theories rather than a single theory of management. Eachunit examines some of these theories and, through exposure to real business scenarios and/or direct contact withbusiness, tests them against management in practice.In studying Business Management, students develop knowledge and skills that enhance their confidence and ability toparticipate effectively, as socially responsible and ethical members of the business community, and as informedcitizens, consumers and investors.StructureThe study is made up of four units:Unit 1: Small business managementSmall rather than large businesses make up the large majority of all businesses in the Australian economy. It is thesmall business sector that provides a wide variety of goods and services for both consumers and industries, such asmanufacturing, construction and retail. This, combined with employment opportunities, makes the small businesssector a vital component in the success, growth and stability of Australia. Small businesses are tangible to studentsas they are visible and accessible in daily life. This unit provides an opportunity for students to explore theoperations of a small business and its likelihood of success.Unit 2: Communication and managementThis unit focuses on the importance of effective communication in achieving business objectives. Studentsinvestigate communication both internal and external to the business. They develop knowledge of aspects ofbusiness communication and are introduced to skills related to its effective use in different contexts. The vitalfunctions of marketing and public relations are considered, with students developing an understanding of theimportant role these functions play in the ultimate success of a business.Unit 3: Corporate managementIn this unit students investigate how large-scale organisations operate. Students examine the environment (bothinternal and external) in which large-scale organisations conduct their business, and then focus on aspects ofindividual business’ internal environment and how the operations of the business are managed. Students developan understanding of the complexity and challenge of managing large-scale organisations and have the opportunityto compare theoretical perspectives with practical applications.Unit 4: Managing people and changeThis unit continues the examination of corporate management. It commences with a focus on the human resourcemanagement function. Students learn about the key aspects of this function and strategies used to most effectivelymanage human resources. The unit concludes with analysis of the management of change. Students learn aboutkey change management processes and strategies and are provided with the opportunity to apply these to acontemporary issue of significance.EntryThere are no prerequisites for entry to Units 1, 2 and 3. Students must undertake Unit 3 prior to undertakingUnit 4. Business Management Units 3 & 4: A condition of acceptance into this course is payment of a materialscharge of approximately $10.00 due by Course Confirmation Day. Enrolment in this subject is not confirmedunless payment is received by this date.47