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Business Management

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HL / SL

01Unit 1: Introduction to Business Management - Core operational components and business functions

02Unit 2: HR Management - Motivation, Structure, Hierarchy

03Unit 3: Financial Management - Accounting, Ratio evaluation, Core Financial Documents

3.1 Introduction to financeHL / SL
3.2 Sources of financeHL / SL
3.3 Costs and revenuesHL / SL
3.4 Final accountsHL / SL
3.5 Profitability and liquidity ratio analysisHL / SL
3.6 Efficiency ratio analysis (HL only)Open in Library ↗HL
3.7 Cash flowHL / SL
3.8 Investment appraisalHL / SL
3.9 Budgets (HL only)Open in Library ↗HL

04Unit 4: Marketing Management - The 7 P's, strategies and forecasting

05Unit 5: Operations Management - Production Methods, Production planning and management

06BM Toolkit - Core business frameworks and tools

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What Human Resource Management Actually Does (3/3)1 / 1

What Human Resource Management Actually Does (3/3)

These four areas are not independent. A poorly designed recruitment process brings in staff who then underperform; weak performance management frustrates employees who were well hired. The value of HRM lies in how these functions reinforce each other as a cycle.