SUBJECT OVERVIEW UNIT DESCRIPTION What separates businesses that thrive from UNIT 3 -MANAGING A BUSINESS FURTHER STUDY those that fail? How do businesses change? Students explore the key processes and OR CAREERS How do you motivate employees? VCE issues concerned with managing a business COULD LEAD ON Business Management Units 3 & 4 investigate efficiently and effectively to achieve the business TO? changes that need to be made to ensure objectives. They consider corporate culture, Business continued success of a business. Students management styles, management skills and the Commerce learn management skills/styles, operations relationship between each of these. Students Management management, review key performance investigate strategies to manage both staff and indicators and how leadership ensures business operations to meet objectives. businesses meet their objectives. UNIT 4 -TRANSFORMING A BUSINESS Businesses are under constant pressure to adapt and change to meet their objectives. In this unit students consider the importance of reviewing key performance indicators to determine current performance and the strategic management necessary to position a business for the future. SKILSS & KNOWLEDGE ASSESSMENT CAREER WHAT KNOWLEDGE & SKILLS WILL I BUILD? ASSESSMENT COULD INCLUDE: • Apply business concepts • Case study • Business Operations & Opportunities • Structured questions • Management Strategies • Essay • Report • Media analysis • End of year examination.