How Does Facebook Make Its Money?

Facebook is the most popular social network in the world, with 1.94 billion monthly active users as of the first quarter of 2017. And the best part of it is that this way of keeping in touch with friends and families comes for free for the users. But then how does Facebook make its money? We all know that this is from advertising but exactly how advertising helps generate the huge amount of revenue of the fastest growing tech company ...

Some resources for BM teachers

Finding suitable resources to introduce the context or theories and concepts to students in an engaging way is often challenging. So, I decided to try and help with this task by suggesting suitable resources with brief outline to IB BM teachers. Definitely there are variety of resources out there and this list can be just a starter list for exploring more Case studies have been the main tools for teaching business theories and concepts and several websites offer good case studies ...

Using Video in the BM classroom

By Wednesday, November 16, 2016 No tags 0

This is another entry in a series of blog entries on using multimedia in the BM classroom. School and classroom is all about ideas and the BM classroom even more so. There is a great resource that teachers can use (and maybe many do already) in the BM classroom to spark discussions and help students understand challenging topics. This resource are the inspirational TED talks where you can find talks on different subjects. TED talks can help teachers bring ideas to the ...

Using podcasts in the BM classroom

By Monday, September 5, 2016 No tags 0

This blog entry is the third one in the series on using multimedia in the BM classroom. The focus is on podcasting. Do you use podcasts and podcasting in your BM classroom? If you still have not tried it yet now is the time. This blog entry will present some of the benefits of podcasts in teaching and learning BM topics and some resources to start with. What is a podcast? According to the New Oxford American Dictionary a podcast is a ...

Simulations in Тeaching BM Тopics

In the previous blog entry I started the topic of using multimedia in the BM classroom. Another interesting and engaging way to teach business topics is to use business simulations. More and more free business simulations are available online which is a huge progress from few years ago when there were almost no such resources available for free. Online simulations are another type of multimedia suitable to use for learning. Research has shown that people remember 20% of what they ...

Teaching Business Concepts Through Movies(1)

This blog entry is the first of a series focused on the use of multimedia in the Business Management classroom. Business Management is quite complicated subject and often teachers wonder how to make it more interesting and engaging to students. One way to bring some variety and diversity in the teaching methods used in the Business Management classroom is to use movies and video clips to provoke discussion and enhance students’ learning experience in a fun way. Movies tell us a ...

Apple’s China Strategy

Doing business is China is really, really difficult and this is a point on which there seems to be a broad consensus among foreign investors and foreign companies in China. The external environment with its various factors is too important and businesses need to consider those factors carefully when planning to move to a certain market. The importance of the external business environment jumped at me while reading some recent Apple news. Thus I would like to explore the story of ...

Business Management Exam Preparation

As the May 2016 IB exams are approaching teachers and students are getting busier with exam preparation. The new conceptual and contextualized approach to teaching BM is clearly different from the content-based approach from the previous program. This approach puts the Paper 1 Case study and the teaching towards Paper 2 in a different perspective. Previously many teachers used the “teaching the examination” approach in relation to the Paper 1 Case study. Teachers and students will come up with questions, ...

Being student-centred in Business Management

It is often difficult in some cultures to change the emphasis on learning away from teachers to learners, as cultural expectations are that the teacher is the 'source of knowledge'. The IB programme expects, however, through all of its components that students take control of their learning and are 'risk takers' and that the teacher should move from being the 'Sage on the stage' to the Guide on the side'. I do not think that we can expect students, who ...

Desirable accessory, technology solution or fad?

Wearable technology, wearable devices and fashionable technology are clothing and accessories that incorporate computer and electronic technologies. Smart clothes can be both practical and aesthetic, making technology a part of daily life. By embedding garments with electronics and sensors, they can exchange data with people and other connected devices, without human intervention. Wearable devices are, therefore, a good example of the Internet of Things, since they are part of the network of physical objects or "things". According to GlobalWebIndex, 71% of ...