VCE Business Management
Subject Overview
Business Management examines the ways businesses manage resources to achieve objectives. This subject follows the process from the initial idea for a business concept, to planning and establishing a business, through to the day-to-day management of a business. Business Management helps you acquire the key skills and knowledge required to pursue further business commerce related studies.
Unit 1 & 2
In Unit 1 & 2 you will:
- Study Business Ownership
- Explore affecting business planning/decision making
- Learn about legal and financial requirements when establishing a business
- Explore marketing strategies
- Learn about staffing a business
Unit 3 & 4
In Unit 3 & 4 you will:
- Understand the key characteristics of business, for example; stakeholders’ interests, management styles and corporate culture
- Strategies to manage and motivate employees
- Learn operation management strategies
- Analyse performance of a business to inform and implement changes to business examples
Types of Assessment
- Case study analysis
- Structured questions
- Media analysis
- School-based practical activities
- Written report
Class Activities
- Apply business concepts and terminology
- Analyse and evaluate management strategies
- Plan and implement Market Day
- Attend Australian Business Week
- Local industry visit
- Develop a business plan
Careers that may link to this subject area
- Business Analyst
- Business Manager
- Business Owner
- Commerce Teaching
- Entrepreneur
- Events Management
- Finance
- Hotel Management
- Human Resources
- Insurance
- Marketing
- Operations Manager
- Project Management
- Real Estate Agent
- Sports Management
- Staff Training