Year 12 BME

This page contains all 40 syllabus points grouped into key topic areas for the Year 12 Business Management and Enterprise (BME) course.

• 1. Factors driving global business development
• 2. Impact of globalisation
• 3. Rationale for and benefits of global strategic alliances
• 4. Role of ethics in global business decisions

• 5. Role of innovation in improving products, processes and services
• 6. Benefits of innovation for business
• 7. Factors that impact on the success of innovation
• 8. Host country and home government incentives for international trade
• 9. Features and role of free trade agreements (FTAs)
• 10. Benefits and challenges to Australian businesses from FTAs

• 11. Sources of financial risk in export markets
• 12. Strategies for minimising financial risk in export markets
• 13. Benefits of home-grown/developed products
• 14. Benefits of having a global brand
• 15. Factors determining feasibility of expanding into a foreign market
• 16. Standardisation or adaptation of the marketing mix

• 17. Internal and external factors that drive change in a global environment
• 18. Reasons for resistance to change
• 19. Preparing people for change (Lewin & Kotter models)
• 20. Managing diversity as a strategy for business growth

• 21. Economic factors impacting business in the global market
• 22. Political factors affecting global operations
• 23. Impact of legal systems on business operation

• 24. Role of e-commerce in a global environment
• 25. Use of technology in global markets
• 26. Impact of technology on business operations

• 27. Cultural considerations in global business practice
• 28. Ethical practice in a global context

• 29. Types of financial institutions
• 30. Sources of internal funding
• 31. Sources of external funding
• 32. Key financial ratios (liquidity, profitability, return on equity, debt to equity)

• 33. Purpose and intent of the strategic planning process
• 34. Key features of strategic plans (mission, SWOT, PEST, etc.)
• 35. Purpose of production management systems
• 36. Features of product development
• 37. Features of quality management
• 38. Inventory control techniques
• 39. Adapting leadership styles in a cross-cultural setting
• 40. Leadership traits in a cross-cultural setting