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Chart Increasing

Unit 1 - Introduction To Business Management - QB

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Briefcase

Unit 2 - Human Resource Management - QB

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Money Bag

Unit 3 - Finance & accounts - QB

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Direct Hit

Unit 4 - Marketing - QB

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Factory

Unit 5 - Operations management - QB

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Bar-Chart

Unit 6 - Assessment

<ul>
	<li>Three Magical Resources
	<ul>
		<li>Human Resources: Think of this as the wizards and witches of Hogwarts! They&#39;re the people with skills, talents, and the know-how to make things happen.</li>
		<li>Physical Resources: This is like the Hogwarts Castle, potions, brooms, and wands. They include buildings, machines, and raw materials.</li>
		<li>Financial Resources: The gold in Gringotts! It&#39;s the moolah 💰 needed to buy wands, hire professors, and host feasts.</li>
	</ul>
	</li>
</ul>

Real-world example: Starbucks needs baristas (human), coffee machines &amp; stores (physical), and cash to pay for beans and rent (financial)!

<ul>
	<li>Primary Sector: The Gatherers! Think of them as herbologists. They acquire raw materials. For example, farmers who grow coffee beans.</li>
	<li>Secondary Sector: The Craftsmen! Think potion masters. They take those raw ingredients and transform them. E.g., factories turning coffee beans into coffee powder.</li>
	<li>Tertiary Sector: The Service Stars! They&#39;re like the shopkeepers in Diagon Alley, providing services. E.g., baristas serving you your latte.</li>
	<li>Quaternary Sector: The Knowledge Knights! Like the professors at Hogwarts, they&#39;re all about knowledge and information. Think IT consultants or researchers.</li>
</ul>

<ul>
	<li>Why start a business? Well, just as Harry yearned for magical adventures, many want the thrill, rewards, and chances that businesses offer.</li>
	<li>Starting a Business Map
	<ul>
		<li>Market Research: Scoping the Forbidden Forest before diving in! Understand what the world needs or wants.</li>
		<li>Planning: Charting the Marauder&#39;s Map! Plotting out how you&#39;ll make your idea a reality.</li>
		<li>Legal Requirements: Like understanding the rules of Quidditch. Ensuring you&#39;re playing the game right.</li>
		<li>Finance Raising: It&#39;s fundraiser time at the Weasley&#39;s Wizard Wheezes! Gathering the gold you&#39;ll need.</li>
		<li>Testing the Market: Offering a free taste of Bertie Bott&#39;s Beans. See if people like (or are horrified by) your idea.</li>
	</ul>
	</li>
</ul>

<ul>
	<li>Starting a business is not all butterbeer and parties. Just as Harry faced challenges like dementors and He-Who-Must-Not-Be-Named, businesses face obstacles too.</li>
	<li>Some can be tackled head-on with a Patronus charm (those within your control), while others, like a surprise dragon in the Triwizard Tournament, might be out of the blue and out of your control!</li>
</ul>

Remember, young entrepreneur: It&#39;s not just about starting a business; it&#39;s about the journey, the learning, and the adventures along the way. Keep this guide close and may your business endeavors be as legendary as the tales of Harry Potter! 🌟📚

Unveiling Business Basics: From Resources To Sectors

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Standard Level

Business Management SL

Unit 1 - Introduction To Business Management - QB

Unveiling Business Basics: From Resources To Sectors

Table of content

Ingredients for business magic 🧙🎩

Business sectors - the 4 houses of business 🏰

Unlock the Full Content!

Unit 1 - Introduction To Business Management - QB

Unveiling Business Basics: From Resources To Sectors

Table of content

Ingredients for business magic 🧙🎩

Business sectors - the 4 houses of business 🏰

Unlock the Full Content!