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Business Management - Unit Three, Area of Study One - Summary and Guide

First post of 2020 and zombie Hazel VCE blog has been resurrected! I decided to have a little break from posting over the Christmas break because I was a little burnt out, but I'm back now! I have been working on other blog posts slowly for the past couple of months though, so those should be released shortly. Anyway, the very first one is a summary for the first area of study for unit three business management! If you undertook the first two units of business management, you are probably familiar with most of these concepts. There isn't really a focus on one specific area of business like human resources in the second area of study, it's generally just an overview of businesses.  Types of Businesses          Sole Traders            Partnerships            Companies (Private and public)           Government Business Enterprises        ...

Business Management: Unit Two, Area of Study One Summary

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Thus far, I have found this area of study to be the most difficult for two reasons: it covers a wide variety of topics and there is some financial stuff (which my maths-hating brain has a distaste for). However, as I have sat down and started studying for my upcoming SAC for this topic, I do think I was overreacting a little. I don't believe it is too different from the prior unit, just a step-up! If you felt overwhelmed initially too, make sure to let me know! As expected, I recommend taking a look at the official study design . Unit two, area of study one is on page 12. I view this area of study in three different sections: the legal stuff, the financial stuff and the other stuff. To begin with, we'll start with what I eloquently referred to as 'legal stuff'. Legal Requirements As I am studying for this area of study, I like to think of this section as further separated in the following categories: Here is a brief, quick rundown on what you need to know...

Business Management Unit One Overview - A Brief Study Guide

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I remember studying Economics in year seven, eight and nine and thoroughly enjoying it. My fondest memory was creating a hypothetical cereal for a year seven assignment. We had to conduct market research in the form of a survey and create a cereal which corresponded with our findings. When creating the packaging, we had to also make it appealing to our target market. Additionally, we had to create a poster to advertise our product and this was mine: A portion of twelve-year-old-me's Economics assignment.  Keep in mind, this was completed a long time ago. I would hope I would produce a better looking poster nowadays. 😃 I decided to share this story to demonstrate that Business Management was a subject which I always knew I would choose in year eleven. It's safe to say, my decision to continue learning about business was a good one. I enjoyed the initial unit of the subject immensely. As always, I suggest having a look at the official study design for a guide to wha...