BUSINESS MANAGEMENT UNIT 3

Suggested course outline and timeline for

Business Management Unit 3 for 2018

Week Date Area of study Key knowledge Outcome School-assessed

Coursework
(total 100 marks)
Term 1 30 Jan. Unit 3: Types of businesses Outcome 1 SAC 1 contributes
Week 1 2 Feb. Managing a including sole traders, Discuss the 20 marks
Business partnerships, private limited key
Area of companies, public listed characteristics
Study 1: companies, social of businesses
Business enterprises and and
foundations government business stakeholders,
enterprises and analyse
Business objectives the
including to make a profit, relationship
to increase market share, between
to fulfil a market and/or corporate
social need and to meet culture,
shareholder expectations management
Characteristics of styles and
stakeholders including their management
interests, potential conflicts skills.
between stakeholders and
corporate social
responsibility
considerations
Week 2 59 Feb. 1 The areas of management
responsibility including
operations, finance, human
resources, sales and
marketing, and technology
support, and how each
area contributes to the
achievement of business
objectives
Management styles
including autocratic,
persuasive, consultative,
participative and laissez-
faire
The appropriateness of
management styles in
relation to the nature of
task, time, experience of
employees and manager
preference
Week Date Area of study Key knowledge Outcome School-assessed
Coursework
(total 100 marks)
Week 3 1216 Feb. 1 Management skills
including communicating,
delegating, planning,
leading, decision-making
and interpersonal
The relationship between
management styles and
management skills
Corporate culture both
official and real, and
strategies for its
development

Week 4 1923 Feb. Area of Area of Study 1 revision SAC 1: Structured

Study 2: The relationship between questions20
Managing managing employees and marks (40 minutes
employees business objectives plus reading time)

Week 5 26 Feb. 2 Key principles of the Outcome 2 SAC 2 contributes

2 Mar. following theories of Explain 40 marks
motivation: Hierarchy of theories of
Needs, Goal Setting motivation
Theory and the Four Drive and apply
Theory them to a
Motivation strategies range of
including performance- contexts, and
related pay, career analyse and
advancement, investment evaluate
in training, support and strategies
sanction related to the
Advantages and management
disadvantages of of employees.
motivation strategies and
their effect on short- and
long-term employee
motivation
Week 6 59 Mar. 2 Training options including
on-the-job and off-the-job
training, and the
advantages and
disadvantages of each
Performance management
strategies to achieve both
business and employee
objectives, including
management by objectives,
appraisals, self-evaluation
and employee observation
Week 7 1316 Mar. 2 Performance management
Labour Day strategies (continued)
12 Mar. Termination management
including retirement,
redundancy, resignation
and dismissal, entitlement
Week Date Area of study Key knowledge Outcome School-assessed
Coursework
(total 100 marks)
and transition issues
Week 8 1923 Mar. 2 The roles of participants in
the workplace including
human resource managers,
employees, employer
associations, unions, and
the Fair Work Commission
Week 9 2629 Mar. 2 Awards and agreements as
Good Friday methods of determining
wages and conditions of
30 Mar.
work
31 Mar. Mid-semester/Term 1 break
15 Apr.
Term 2 1620 Apr. 2 An overview of the dispute SAC 2: Case
Week resolution process study40 marks
10 including grievance (80 minutes plus
procedures, mediation and reading time)
arbitration
More than one task
SAC 2 revision might be required
Week 2327 Apr. Area of The relationship between Outcome 3 SAC 3 contributes
11 Anzac Day Study 3: operations management Analyse the 40 marks
Operations and business objectives relationship
25 Apr.
management Key elements of an between
operations system: inputs, business
processes and outputs objectives and
Characteristics of operations
operations management management,
with both manufacturing and propose
and service businesses and evaluate
strategies to
improve the
efficiency and
effectiveness
of business
operations.
Week 30 Apr. 3 Strategies to improve the During any of
12 4 May efficiency and effectiveness the following
of operations related to four weeks:
technological Operations
developments, including workplace
the use of automated visit to a
production lines, computer- manufactur-
aided design, computer- ing and/or
aided manufacturing service
techniques and website business
development
Week 711 May 3 Strategies to improve the
13 efficiency and effectiveness
of operations related to
materials, including
forecasting, master
production schedule,
materials requirement
Week Date Area of study Key knowledge Outcome School-assessed
Coursework
(total 100 marks)
planning and Just in Time
Week 1418 May 3 Strategies to improve the
14 efficiency and effectiveness
of operations related to
quality, including quality
control, quality assurance
and TQM
Strategies to improve the
efficiency and effectiveness
of operations through
waste minimisation in the
production process,
including the principles of
lean management
Week 2125 May 3 Corporate social
15 responsibility
considerations in an
operations system,
including the environmental
sustainability of inputs and
the amount of waste
generated from processes
and production of outputs
Week 28 May 3 Global considerations in
16 1 June operations management,
including global sourcing of
inputs, overseas
manufacture, global
outsourcing and an
overview of supply chain
management
Week 48 June 3 Revision of operations SAC 3: Case
17 management study40 marks
Flexible week to catch up (80 minutes plus
reading time)
More than one task
might be required
Week 1215 June GAT: Wednesday 13 June
18 Queens
Birthday
11 June
1822 June Unit 4 commences
VCAA SCHOOL-ASSESSED COURSEWORK WEIGHTINGS

Outcome Assessment task Weighting

Outcome 1 Student performance on each outcome is to 20% for Unit 3
Discuss the key characteristics of be assessed using one or more of the
businesses and stakeholders, and following tasks:
analyse the relationship between a case study
corporate culture, management styles structured questions
and management skills.
an essay
Outcome 2 a report 40% for Unit 3
Explain theories of motivation and apply a media analysis.
them to a range of contexts, and analyse
and evaluate strategies related to the
management of employees.

Outcome 3 40% for Unit 3

Analyse the relationship between
business objectives and operations
management, and propose and evaluate
strategies to improve the efficiency and
effectiveness of business operations.
Total 100% for Unit 3