Introduction

Research and development focuses on innovation. Innovation can be described as the process of pioneering new and creative ideas in the production process. in business, the term is regarded as the commercial exploitation of new ideas and inventions. It can refer to both radical and incremental changes. This topic looks at the nature and importance of innovation and the factors influencing the degree of innovation in a business.

Course curriculum

  • 1

    Course Information & Support

    • Please Check Now That Your Phone Is In Your Bag. Please Stay For 40 Minutes Of Learning & Sign Out For The Bathrrom During The Last 5 Minutes of Class.

    • Only Use The Laptop Assigned To You

    • Please Don't Disrupt Our 40 Minute Work Cycle. Leave For The Bathroom During The LAST 5 MINUTES Of Class.

    • Supply Check Is On The First Resource Bank Day Of Each Quarter

    • How Well Are You Demonstrating The IB Learner Characteristics? Which Is Your Super Power & Which Presents The Greatest Challenge?

    • Do You Skip Class?

    • Fact Sheet Packet Of Class Policies- Please Scroll Through And Review Again

    • Meet Your Teacher: Dr. Eva Bogard

    • You Should Do An Internship Every Year Until You Graduate From College

    • Welcome IB Business Management Student

    • Here Is The Master Plan...

    • The IB BM Syllabus Consists Of 5 Units With A Total Of 40 Total Chapters ("Courses") That You Are Responsible For Learning

    • The Official IB Business Management Guide & Syllabus

    • Chapter Work Cycle =The Same 7 Day Format For Each Chapter. You Always Know What We Are Doing In Class & What Is Assigned For Homework.

    • DUE DATES & DEADLINES

    • Late With A Good Reason Is Still Late (Missing Work Submitted After 5 Calendar Days = 0%).

    • Your Makeup Day From An Absence Is The Following Class Day. Read Instructions Carefully & Review Policies When Absent.

    • Finished Early? Don't Pack Up! Do This ...

    • Finished Early? Keep Track Of Current Events In The Business World

    • Business Careers. Which Might Be A Good Fit For You?

  • 2

    The Notebook Project - A Daily Learning & Study Tool

    • Read The Rules For Your Notebook Project Before Every Grading Day. This Paper Must Be Stapled Onto The Inside Cover Of Each Composition Notebook

    • Your Notebook Project Helps You Build Strong Attention To Detail. This Is A Valuable Life Skill.

    • LOOK: Page-By-Page Visual Instructions To Help You Earn a 100% On Every Notebook Project.

    • A 100% Notebook Project Sample - Make Yours Just As Nice.

    • A 100% Notebook Project Sample - Compare Yours.

    • Notebook Checklist & Reflection Sheet (The Blue Sheet). Complete & Staple Onto The Last Page Of Your Chapter Notes BEFORE Scoring Day. This Blue Color Checklist Is Available In Class Or You Can Print It Yourself.

  • 3

    Start Your Notebook Project By Outlining This Chapter. Then Outline A Long IB Exam Answer Using A Spider Map.

    • New Textbook Chapter 5.8 = 10 Headings

    • Can You Listen To Music? Yes, But Only If You Follow All The Rules.

    • Review The Instructioons For These Two Assignments

    • LOOK: A Visual Guide For How To Create Your Outline. There Are Also Samples Posted In The Notebook Section Above. Great Attention To Detail = 100%

    • How To Draw A Spider Map

    • Video: Watch A Spider Map Being Created (Best Study Tool)

    • LOOK: This Is What A Great Spider Map Looks Like. Use This Sample As Your Model.

  • 4

    "RESOURCE BANK" = Topic Lessons (35) Begin Below this Point:

    • No Music On RB Days. Plug In Your Ear Buds. Place Them In Your Ears & Use Them To Listen & Learn From The Video Lessons.

    • What is the Resource Bank?

    • Review The Instructions For This RB Assignment.

    • Take Good Notes - These Posts Contain The Content You Want To Write On The IB Exams

    • LOOK: This Is What A Great RB Page Looks Like. Use This Sample As Your Model.

    • Important Detail: Remember To Highlight The RB Section Titles & Number All Posts Consecutively

    • RB = 6 Sections & 35 Posts (= 2 RB Day + HW)

    • Key Objectives: What You Should Be Able To Do By The End Of This 5.8 Chapter

  • 5

    What Is R&D?

    • Handout: Key Terms

    • Handout: Governments Also Have An R&D Budget (Read All Pages)

    • Handout: How Much Is Spent On R&D?

    • Handout: Industrial R&D Spending In South Korea Has Soared

    • Handout: Examples Of How Companies Have Benefited From R&D Spending

    • Exam Tip: How To Write A Balanced R&D Exam Answer

    • Video: A Career As An R&D Manager

  • 6

    Innovation

    • Video: 3 Myths Of Innovation

    • Handout: The Innovation Matrix

    • Video: The Term "Disruptive Innovation" Was Coined By Clayton M. Christensen

    • Video: Amazon's Incremental But Significant Innovation With Their Packaging

    • Video: Innovation Happens Even In Places With Very Limited Resources

    • Exam Review: Innovation Lecture

    • Innovation Is A Key Element At Adidas

    • Video: What's The Difference Between a Trademark, Copyright And Patent?

    • Video: What Is Prototyping (With Sound)

    • Intellectual Property Rights Belong On The Balance Sheet

  • 7

    Creativity (CCES Concept)

    • Video: What's The difference Between Creativity & Innovation?

    • Exam Notes: Adaptors Vs. Innovators (Review)

    • Video: If You Want To Become Smarter And Innovative Accept New Experiences (But Don't Do Drugs!)

    • Video: Top 10 Tips To Becoming A Successful Innovator

  • 8

    Descriptive Statistics = Quantitative Tools

    • Video: How Does A Business Use Statistics?

    • Take More Complete Notes: How Do Statistics Help A Business?

    • Video: Statistics Turn Data Into Information Which Is Used For Better Decision-Making

    • Video: What Are Quartiles?

    • Video: Intro To College Business Stats

    • Video: How To Calculate A Lower & Upper Quartile

    • Video: What Does Standard Deviation Mean?

    • Video: How To Calculate A Standard Deviation

  • 9

    Critical Path Analysis (Included In Exams Starting May 2024)

    • Understand The May Exam Format & Learn The Best Paper 2 Strategy: Take Notes To Remember.

    • Video: Intro To Critical Path Analysis (Part 1 /4 In Series)

    • Video: How To DRAW A Critical Path Diagram (Part 2 /4 In Series)

    • Video: How To ADJUST A Critical Path Analysis Diagram (Part 3 /4 In Series)

    • Video: How To Talk About CPA On Your May Exams (Part 4 /4 In Series)

  • 10

    Research And Development & The CCES Concepts (Creativity-Change-Ethics-Sustainability)

    • Keep Your Earbuds Plugged In All Period & Listen Carefully To Each Video Lesson. No Music- It's Still A RB Day.

    • Required CCES Video: The Ethical Concerns Of Artificial Intelligence Innovations

    • Required CCES Video: Using AI Impacts Ethics & Sustainability

    • No Notes- Just Watch When Finished: Some Businesses Also Innovate Products For The Government & Our Military (Examples From James Bond Movies)

    • Review The Instructions For The CCES Assignment.

    • Read These CCES Definitions Again. If You Write Them On Your May Exams You Get Credit For Clear Evidence of "Synthesis & Evaluation"

    • Your CCES Assignment Begins At The Top Of A New NB Page: Title= CCES, Then Write 4 CCES Impact Statements For This Chapter Following The Model.

    • LOOK: This Is What A Great CCES Page Looks Like

  • 11

    Case Studies Assignment: This Is Your Practice For The Senior May IB Exams.

    • This Was The Real May 2024 IB BM Standard Level (SL) Paper 2 Exam. Get A Feel For It Now. Know That We Are Preparing For It Every Day In Class & For Homework So You Will Have The Best Chance Of Earning Your Best Score.

    • This Was The Real May 2024 IB BM Higher Level (HL) Paper 2 Exam. Get A Feel For It Now. Know That We Are Preparing For It Every Day In Class & For Homework So You Will Have The Best Chance Of Earning Your Best Score.

    • Exam Tip: Paper 2 Section B (2024-2028)

    • Step-By-Step Instructions For Doing Your Case Studies As Practice For Your Senior May Exams

    • LOOK: This Is What A Completed & Corrected Case Study Analysis Looks Like. Use This Sample As Your Model.

    • The "Late Majority"

    • See How The IB BM Command Terms Are Organized

    • What Are Command Terms & Why Are They Important?

    • Old Command Terms List = Rules for Answering Test Questions

    • New Command Terms Definitions List (2024+)= Directions for Answering Test Questions

    • Chapter 5.8 Has 4 Case Studies. Choose & Complete At Least 3.

    • Finished Early? Don't Pack Up! Do This ...

  • 12

    Review Day Activities + Presentation Day

    • Read & Follow These Review Day Instructions

    • Watch: 5.8 Chapter Review With Mr. L

    • Watch: Mr. B's Review of Business Innovation

    • What Should You Do If You Get Stuck On A Question? Don't Skip It! Do This...

    • LOOK: This Is What A Great Chapter Review Page Looks. Use This As Your Model.

    • Here Are The 5.8 Review Worksheets With 4 Tasks & 15 M/C. Title The Top Of A New Page. Then Label The Tasks And Write The Answers In Your Composition Notebook.

    • Presentation Day Instructions

    • 5.8 Quizlet (Used To Be Called Chapter 5.6)

    • Have You Achieved the 5.8 Key Learning Outcomes?

    • Test Yourself! Use The Review Questions Listed At The End Of The Textbook Chapter

    • 5.8 Active Recall Flip Grid Assignment (Objective = Score A 7 For Business Management On Your IB Diploma )

    • Online Students: You Are Almost Finished!

    • Don't Forget The Last Piece!

    • Finished Early? Watch The Bonus Videos In The Next Section Below...

    • Study The May IB BM Exam KEY TERMS

  • 13

    5.8 Quiz Day: Write Your Score In Your Notebook At The Top Of The Shark Tank Page In Red Ink.

    • Quiz Day Schedule Of Activities

    • Come Here On Quiz Day If You Are In The Classroom - Makeups Are On The Day You Return

    • You Must First Enroll In The Shark Tank Course

    • After The Quiz, Do The Assigned "Beyond The Tank" Work. If You Have An Excused Absence For Today, You Are Also Excused From This Assignment (Write "ABSENT" With The Date On The Notebook Page)

    • Blue Sheet Instructions. Pick Up A Blue Checklist & Reflection Handout To Complete & Staple Into Your Notebook

    • Due Today On Quiz Day (Before Midnight) Is Your Completed Chapter Notebook Project

  • 14

    Tech Support & How To Scan And Post An Excellent Chapter Project.

    • Don't Forget To Complete & Staple The Blue Reflection Checklist To The Last Page Of Your Chapter

    • Please Review The Quality Requirements For Your Scanned Project

    • Intro Guide For Posting Assignments On Teams

    • Step-By-Step Video Tutorial For How To Upload An Assignment In Teams

    • 8 Steps For Using The TEAMS App On Your Phone To Upload

    • Use The "PDFgear Scan" App!

    • How To Use Your iPhone To Scan Your Notebook Pages Into A Single PDF File

    • How To Use Your Android Phone To Scan Your Written Work Into A PDF File

    • How To Use OneDrive To Scan Your Notebook Project

    • If You Must- You Can Scan Two Notebook Pages At One Time

    • If You Can Only Scan One Page At A Time, Here's How To Merge Multiple PDF Files Into One Single File For TEAMS

What's Next?

What can you do to prepare for the May exams? Check out your BM Exam Prep course.