Business Studies Coursework Action Plan

How to Structure a Business and Management Internal Assessment

Here is a layout you can follow for your HL Business Management IA. The layout has changed a bit recently (November 2016) for example in terms of the cover sheet requirements, but this is up-to-date.

The Proposal and the IA should be included in a single document, using double-spaced Arial, sized 12 font. 

Please remember to include all of your sources (preferably using MLA) as you go. This goes for every fact that you include or any opinion that you write, which was informed by something you read. Citing your sources is VERY important. Be careful with it.  

Pre-Research Proposal Material

Title page 

Include:

  • Your Research Question,
  • Intended Audience (i.e. To Company X)
  • The IB Number (Something in the format "abc123" (i.e. fjk932)
  • Session (i.e. May 2017)
  • Proposal word count and IA word count. (Note that the Executive Summary is not counted in the 2000 words allowed for the IA.)
  • (Also, notice that the student's name, school, candidate number and student number should not be on the cover sheet anymore).

Acknowledgements

This is not really required, but it's customary to include this.

Contents page

Include information about (and page numbers for):

  • Your proposal,
  • All parts of your IA,
  • Your Appendices  

The Research Proposal Layout

Research Proposal (A total of 500 words)

The research proposal section is written in the future tense.

Include:

  • RQ
  • Rationale
    • How this RQ relates to current company priorities or challenges.
    • This is NOT why YOU are interested in this topic, but rather why the COMPANY has an interest in this question. For example, the company is currently focused on improving their quality of their products and your IA (and you show us this using a source) and your IA is related to increasing quality. This lets us know that your work is actually valuable. 
  • Theoretical Framework
    • Course sections (i.e. chapters), with specific tools listed and an explanation of how each will help you answer the RQ. 
  • Methodology
    • The sources of primary and secondary information you will pursue, citing specific names of people you will interview (and why), as well as specific information you will focus on finding. 
    • Include more than one source of primary data. If you can't do two interviews, you'll likely want to do something like a survey or an observation. 
  • Anticipated Difficulties.
    • Explain some possible problems you will likely face, the reasons for these difficulties and how you plan to deal with them.
    • Try to go beyond the obvious ones, such as bias and access to information.
    • Tell us why some of the information you need could be hard to get or unreliable. 
  • Action Plan.
    • Include dates and also a section where you show modifications you've made, as you completed your work.
    • This shows that you actually used your action plan during your IA. Also, at least one of these modifications should show that you actually learned something (or realized something related to business) and that's why you made the change.
    • This again shows that you were growing as a result of your work --which starts to build the case for Criterion I (Reflective Thinking).
  • The word count for the entire proposal.

The IA Layout

The Internal Assessment (A total of 2000 words)

Executive Summary (Abstract) (200 words --not included in the word count)

From this point onward everything should be written in the past tense. For example, "First the owner was contacted to discuss possible areas of concern..." Also, include page numbers 

Include: 

  • Give a very quick (i.e. 1 or 2 sentence) background of the type of company and it's situation
  • Give the RQ 
  • State the tools used
  • Explain major primary and secondary sources used
  • Explain your major findings, 
  • Mention a limitation of the findings. 

Introduction (approx. 200 words)

Include:

  • State the company name and explain what the company does (make sure this is really clear),
  • Explain one of their current strategic priorities,
  • Explain what you are going to research (your RQ),
  • Explain the sections of the course which are involved.
  • The word count for this section.

Method Employed (approx. 200 words) 

Include:

  • More detail about your procedure --what kinds of primary and secondary sources you used to explore your RQ
  • Explain some of the sources of information you used (i.e. 'an interview with X and Y and a survey of Z'). 
  • Make it clear you had more than one source of primary data. 
  • (Very briefly) the benefit of using these sources.
  • The business techniques and tools you used, and
  • (Very briefly) the purpose of your business tools. (Watch this YouTube clip if you aren't sure about how to choose your tools, because using the right tools is essential to scoring well in your IA.)
  • Explain how valid and reliabile your data collection was. For example, how there may have been room for bias or a limited scope to your research.
  • Explain how valid your methods of gathering data were.
  • Mention any changes made to your IA approach as the work progressed. There should be several.

Main Results and Findings (approx. 300 words)

Include:

  • A graph of some kind is recommended,
  • A summary of your research, perhaps as a list of a few of the key facts uncovered and their primary or secondary sources.

Analysis and discussion (approx. 900 words)

This is where you J.A.M. For each tool (3 or 4 of them) include:

  • A clear justification of the use of the theory (how it will help answer the RQ),
  • Make sure you are using the JAM structure and that as much of your infomation as possible is coming through the tools (rather than in paragraph form).
  • The analysis (i.e. the SWOT, etc), and then
  • The mini-conclusion (linking the findings of the tool to the RQ).
  • I recommend at least one financial tool, but this should come after your qualitative tools. In general we like to see qualitative tools (such as SWOT and PEST) come before the quantitative ones (like ratio analysis and decision trees), because the qualitative tools set the scene and provide context for the financials.

Conclusions (200 words)

No new data

  • Pull your mini-conclusions together (synthesize them), make some interesting insights based on them (i.e. pros and cons, short-term vs long-term effects, possible stakeholder conflicts). 
  • This is where you really get to shine. Take time with your conclusion, so you can really emphasize everything you've discovered and how it all fits together to answer your RQ.
  • Mention some limitations to your research. There needs to be at least one, probably two. Show you have really reflected on your work. You could discuss other information would it be very valuable to have, but which you couldn't access. You could discuss possible inaccuracies in your work and the reasons for those. This is similar to how you write your EE reflections. (Here are some tips for that).

Recommendations (approx. 200 words)

Include:

  • At least 3 recommendations,
  • At least one additional type of research (or another question to research in the future) which would help ensure the reliability of your findings. To get full marks for your recommendations section (2/2) you need to do this. (A student needs to have identified "areas for further study" for full marks here).
  • Make sure everything you write here is supported by your conclusion. The recommendations also don't include any new information. 

Works Cited (No word limit)

Include:

  • At least 2 books (one of these can be the textbook)
  • At least 2 interviews. If you can only do interview, then you'll definitely need another source of primary research --a survey, observation data, focus group data, etc).
  • At least 4 internet sources,
  • At least one source which shows your willingness to work hard and go beyond the minimum requirements (i.e. a trade journal, an advanced academic paper, an interview with a competitor). 

Appendices (No word limit)

Include:

  • Transcripts from your interviews,
  • Additional analysis you did which didn’t fit in the body of your IA.
  • Questionnaire results, details of the calculations you did for your financial tool,
  • Any other interesting data which you would like to refer to in the body of your work (i.e. a market map, which you mention in the main body of your work.

 

I (Tim Woods) teach Singapore and I help IB students around the world through IBMastery.com I've got a lot more tips and tricks I can share with you if you need some more help with this. 

Business touches on nearly every aspect of modern society, and so studying business is useful for both future careers and a student’s personal life, as well as being actually very interesting to study. Business Studies is one of the most popular fields of study at universities worldwide, and there are very good reasons for this.

 

Business students are in high demand with employers and are some of the most employable. Students will have a wide variety of possible career options open to them upon graduation.

 

Business is both a theoretical and a practical discipline, meaning that students not only gain a great range of knowledge, but also learn the skills needed to apply this knowledge to real life settings, again assisting with employability.

 

INDUSTRY LINKS/VISITS

The department has links with a number of local companies including Tobermore Concrete Products Ltd, Tayto, Ditty’s, Sperrin Switchgear, Bank of Ireland & uform

 

 

 

 

 

 

A-LEVEL

Students have a choice of studying a General A level or an Applied A Level

 

General

AS Unit 1 – Introduction to Business

AS Unit 2 – Growing the Business

A2 Unit 1 – Strategic Decision Making

A2 Unit 2 – The Competitive Business Environment

Assessment – 100% Examination based

 

Applied

AS Unit 1 – The Enterprising Business

AS Unit 2 – The Enterprising Manager

AS Unit 3 – External Influences on the Enterprise*

A2 Unit 7 – Finance*

A2 Unit 9 – Enterprise in Practice

A2 Unit 11 – Marketing

Assessment –  2/3 Coursework based and 1/3 Examination* based

 

 

GCSE LEVEL

Students have a choice of studying a General GCSE or an Applied GCSE.

 

General

There are seven main topics in GCSE Business Studies which will be examined through the use of case studies, investigations and simulations.

Unit 1 – BUSINESS START UP – Investigates the forms of business organisations, business aims and the role of the entrepreneur.

PRODUCTION – Examines the types, methods and location of production, quality and health and safety.

MARKETING – Explains the marketing function of successful businesses.

Unit 2 – FINANCE – Examines sources of finance, final accounts, the use of ratio analysis and management accounting techniques to help make decisions.

MANAGING PEOPLE – Examines the recruitment, selection, training and motivation of personnel.

BUSINESS GROWTH – Investigates business success or failure, methods of business growth, international business and e-commerce.

BUSINESS PLAN – Explains the content of business plans and reasons for developing them.

 

Level of Entry:

There is only one Tier of entry:

Grades available A* – G

 

Assessment Arrangements:

2 written papers

Unit 1 Business Start Up –              1 hour 20 minutes   35% of overall marks

Unit 2 Business Development –    1 hour 40 minutes   40% of overall marks

Controlled Assessment                                                      25% of overall marks

 

Controlled Assessment Details:

Pupils undertake one task. Time is available during class to prepare for the controlled assessment and pupils will be supervised during the completion of the task.

 

Applied

There are seven main topics in Applied Business which will be examined through the use of case studies, investigations and simulations.

 

BUSINESS START UP – Investigates the forms of business organisations, business aims and the role of the entrepreneur.

PRODUCTION – Examines the types, methods and location of production, quality and health and safety.

MARKETING – Explains the marketing function of successful businesses.

FINANCE – Examines final accounts, the use of ratio analysis and management accounting techniques to help make decisions.

MANAGING PEOPLE – Examines the recruitment, selection, training and motivation of personnel.

BUSINESS GROWTH – Investigates business success or failure, methods of business growth and international business.

BUSINESS PLANExplains the content of business plans and reasons for developing them.

Level of Entry:

There is only one Tier of entry:

Grades available A* – G

Assessment Arrangements:

1 written paper

Unit 1 1 hour                        40% of overall marks

Controlled Assessment      60% of overall marks

 

Controlled Assessment Details:

Pupils undertake three tasks. Each task will be allocated 20 hours of time for researching the information required and writing up the task. Tasks are set by CEA. Time is available during class to prepare for the controlled assessment and pupils will be supervised during the completion of the task.

 

Extra Curricular

Young Enterprise encourages learning by doing and has as its slogan – ‘start something’. In the Rainey we have been starting things for almost 20 years with pupils in Lower Sixth given the opportunity to run their own business.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The School Bank in conjunction with Bank of Ireland gives pupils the opportunity to take control of their money through opening an account.  Sixth Form pupils also experience what is involved in the management of a bank by undergoing selection and training to organise and promote accounts within the school.

 

Junior Quiz League is an opportunity for Key Stage 3 pupils to enter a team and test their General Knowledge over a number of weeks to get their names on the shield presented each year.  Sixth Form pupils can engage in student leadership by helping to organise and run the quiz each week.

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