Introduction to Business Studies

Welcome to all. The Business Organization and Management (BOM) Class for Cuarto Curso is an introductory class. It serves to allow students a general outlook at what business does, how it is organized, as well as what are some important factors that influence business. It is also a key lead into the two-year IBO Business and Management Program that the students will challenge during their Quinto and Sexto Cursos.

The IBO Business and Management syllabus is a critical study of the ways in which individuals and groups interact in a dynamic business environment. Many areas of Business will be studied in the coming years but here we will examine how business decision are made and how these decisions relate to the internal and external environments, the international dimension and through citizenship.

The IB course as provided at Colegio Americano is two years in duration – it follows the High Level (HL) program of the International Baccalaureate Organization for a total of 240 hours of total classroom instruction. Throughout the two years the students have the opportunity to study and research issues facing an organization(s), and analyze the decisions made by them.

The syllabus consists of six compulsory modules and a research project. During this year, all members of this course will get the opportunity to study:

a. Introduction to Organizations
Covering both the private and public sector
Internal and external growth
Economies and diseconomies of scale
Organizational & ethical objectives

d. Accounting and Finance
Sources of finance

e. The External Environment
The legal and political framework
Trade agreements

Also, all students will complete a Business Plan and a research project that will be internally assessed by the class teacher.