Business Management is a dynamic, challenging and rigorous disciple in the individuals and societies subject group. The role of business being producing and selling goods and services to meet human needs and wants by organizing resources - operating, risk taking and profit making in a competitive environment is the characteristic of most business organization. Even though Business Management shares varied skills and knowledge topics with other humanities and social sciences, it is different in many ways. Business Management is the subject on decision making in an organization, and on other had Economics is about scarcity and resource allocation, on micro and macro levels. The use of Information technology in business contexts is examined by Business Management and in turn Information technology in a global society – ITGS examines its impact on other field of health and Government. Business Management studies on how individuals and groups interact in an organization and can optimize the usage of resources for sustainability.
The diploma program of business management is designed to develop students understanding and knowledge of management theories and the ability to apply range of tools and techniques. Our Online IB Business Studies tutoring helps students to analyze, evaluate and discuss business activities at international standards. Our online IB Business studies tutoring covers a range of organizations from all sectors of socio-cultural and economic backgrounds based on which the organizations operate. Emphasis is on strategic decision making and operational business functions of finance and accounts, Human resource management, operations and marketing management. By exploring the six concepts of strategy, innovation, globalization, ethics, culture and change-the business management course allows students to enhance their understanding of concepts from a business management perspective.
Our Private business Studies tuition encourages the students by appreciating the corporate social responsibility and ethical concerns at global level and aims to develop transferable skills like evaluation, analysis, long term planning, strategic thinking, nature and significance of change, appreciate pace, ethically sound and informed decisions, pertinent to today's world. Subject specific skills such as financial analysis is also dealt in our Business Studies tuition.
Regardless of their sector, scope and size-all organizations need healthy accounting systems, making finance a core business function. In the unit 3 group of Finance and Accounts, a part of individual and societies – Business Management – Higher Level, students observe finance and accounts through both measureable and qualitative methods. Students learn how businesses represent themselves numerically through accounts and learn how to construct basic balance sheet and Profit and loss account. By the end of our IB finance and accounts tutoring students will be able to clarify the meaning of the accounts by calculating rations – for eg. Gross profit margin, net profit margin and return on capital employed – EOCE, and understanding the outcomes. HL Students study deeper into the phases of finance and accounts in more depth through the study of further competence ratios investment appraisals and budgets. The challenge faced by any accounting organisation is to represent through the commonly understood language of financial statement. Unit 3 provides opportunities for students to think about the qualities of the IB learner profile. The features of the learner profile must to be queried and valued in accounting and more broadly in financial markets.
For any of your private tutoring requirement on IB Individuals and societies – Business organization and environment, Business Management, Finance and Accounts, Human Resource Management, Marketing, and Operational Management, please call us for a free 30 minutes demo. Our Academic coordinators would be happy to assist you with any of your IB Business and Management tutoring needs.