Business Management Extended Essay Handbook 2017-18 - CDN
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Business management: Subject-specific guidance See also: Extended essay guide and Extended essay teacher support material Overview An extended essay (EE) in business management gives students an opportunity to carry out in-depth research in an area of personal interest relating to business management. The EE gives students an opportunity to develop research skills by: • reviewing business theories, concepts and principles • critically analysing their use and application in the business world and their resultant impact on business activity. The EE requires the application of business management theories, tools and techniques to produce a coherent and structured analytical essay that effectively addresses the research question. Choice of topic Students can choose a topic they have encountered during their Diploma Programme business management course. However, they may also choose to investigate issues that fall outside its scope. For example: • business practices in a specific regional or national context, or • the practical applications of the work of a particular business management theorist. Whatever area they choose, students must root their research firmly in accepted business management theories and use the core principles of business management as the basis for their research. Students are strongly advised to choose a topic that enables them to carry out research and apply business management theories and techniques in a real-world setting. This setting may be an organization, industry or market in a particular region or country, or globally. Sources of ideas may include: • an interest in issues raised in the classroom • aspects of a student’s own experience • current events. Research questions that do not allow a systematic and meaningful investigation using business management theories, concepts and principles are unlikely to be suitable. Backward versus forward-looking questions Students can choose to investigate past event(s). However, they must ensure that their question will enable them to analyse and evaluate rather than simply describe what happened. 146
A forward-looking question can enable students to search for conflicting sources to arrive at a well- supported argument and conclusion. But the topic should not be so forward-looking that information and results are not yet available: hypothetical questions based on future events are to be avoided. Examples of topics These examples are for guidance only. Students must ensure that their choice of topic is focused (left- hand column) rather than broad (right-hand column). Focused topics Broad topics Application of lean production principles to the Relevance of lean production for NGOs NGO ABC Relevance of ethical objectives for very small and The link between ethical objectives and very large companies in Canada organizational size Use of Herzberg’s motivation theory in Motivational techniques at XYZ Ltd productivity improvement at XYZ Ltd The contribution of Just-in-Time production in Effectiveness of Just-in-Time production improving efficiency in the textile industry in techniques Cambodia Treatment of the topic Sources Students’ research should be broad and detailed, using a range of sources. Excessive reliance on a single source, such as a company’s annual report, is unlikely to give students sufficient scope or breadth in their analysis. Students can include materials sourced from a particular business or organization whose area of business is related to the topic chosen, eg market research companies, industry analysts or think tanks. Secondary sources Students should use secondary data as the basis of their EE, supported where appropriate by primary research. The sole use of secondary sources is permitted and will allow students access to all levels of the EE assessment criteria. (Note that this is similar to the research approach of the SL internal assessment task of the business management course and different to the research approach of the HL internal assessment task, where primary research takes precedence.) A good range of secondary sources should be consulted, including: • business management textbooks • general business management books • industry analyses • company reports and data. 147
Primary research Students must plan any primary research well so that it yields genuinely additional and significant insights. Students and supervisors are required to: • act with tact and sensitivity towards the research subjects • respect the confidentiality of the organization(s) and people involved. All the research carried out must address the research question. Similarly, the development of the essay must be related to the research question directly and consistently and must not include information that is unnecessary. Use of analytical tools and numerical data A good essay will demonstrate the appropriate use of analytical tools, often supported by numerical data to assist the discussion and evaluation. Appropriate analytical tools from the business management syllabus include the following. • Ansoff Matrix • BCG Matrix • Break-even analysis • Decision tree • Financial statements and ratio analysis • Fishbone diagram • Force field analysis • Position maps • Stakeholders analysis • STEEPLE analysis • SWOT analysis Students may also use analytical tools that are not included in the syllabus. Conceptual perspectives Strategic and conceptual perspectives on the research question can add to the interest and rigour of the essay, for example: • the effect of new technologies on organizational innovation • the cultural and ethical implications of business decisions. Analysing the data Use of theory Students should integrate relevant business management theories, tools and techniques with the evidence obtained by the research throughout the essay. 148
Students should not present theory as a separate section. An essay that delivers theory as a separate section of the essay and does not apply it to the specific research question is unlikely to succeed. Students should avoid making assertions using business management theories and techniques if they cannot meaningfully link these to their case study with supporting evidence. Critical thinking Students must ask probing questions and look at all relevant factors when considering the information obtained from their research. Information cannot always be accepted at face value. A critical approach, in which students display the skills of analysis and evaluation, is essential. Students should indicate unresolved questions, or new questions that have arisen from their study, in their conclusions. Students should remember that a business management essay must be written in an objective style without personal bias. Conclusions should be derived from the evidence and not based on any preconceptions of the student. Examples of topics, research questions and suggested approaches Once students have identified their topic and written their research question, they can decide how to research their answer. They may find it helpful to write a statement outlining their broad approach. These examples are for guidance only. Topic An evaluation of the introduction of total quality management in ABC Ltd Research question To what extent has the introduction of total quality management (TQM) improved quality at ABC Ltd? Approach • A literature review of how quality management techniques have changed with the introduction of TQM, both generally and specifically in the industry of ABC Ltd. • Selection of relevant indicators measuring quality and collection of the corresponding data for ABC Ltd. • Analysis and evaluation of the ways in which ABC Ltd has adapted its approach to managing quality, and the impact of this on the selected indicators. 149
Topic An evaluation of the case for strengthening social responsibility practices at multinational XYZ Research question Should multinational XYZ strengthen its corporate social responsibility practices in the aftermath of scandal X? Approach • A review of how various local and international media reported on the reasons for and events around scandal X at multinational XYZ. • Analysis of the social responsibility practices at multinational XYZ preceding scandal X, with a particular emphasis on practices and indicators relevant to scandal X. • Application of SWOT analysis to these practices. • Identification of potential ways of strengthening social responsibility practices from industry leaders. • Application of SWOT analysis to these practices. • Evaluation, from different stakeholder groups’ perspectives, on whether multinational XYZ should strengthen its social responsibility practices in suggested ways or leave them as is. Topic Measuring the success of joint ventures: a comparative case study Research question How successful has the joint venture between ABC Ltd and XYZ Ltd been as a growth strategy for both companies? Approach • A literature review of the theoretical benefits and drawbacks of joint ventures. • A review on the reporting around the joint venture at the time it happened: what were the reasons given by the companies for the joint venture and how did industry analysts assess the case? • An examination of the financial results of ABC Ltd and XYC Ltd prior to and after the joint venture, and comparison of these results with industry benchmarks. • Analysis and evaluation of the qualitative and longer term benefits and drawbacks of the joint venture since the joint venture, in comparison with benchmarks in the industry 150
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Criterion D: Presentation (Strands: Structure, Layout) This criterion relates to the extent to which the essay conforms to accepted academic standards in relation to how research papers should be presented. It also relates to how well these elements support the reading, understanding and evaluation of the essay. Students may provide a section and sub-section structure to their essays, with appropriate informative headings. sub-headings should not distract from the overall structure of the essay or argument presented. Any graphs, charts, images or tables from literature sources included in essays must be carefully selected and labelled. They should only be used if they are directly relevant to the research question, contribute towards the understanding of the argument and are of a good graphic quality. Large tables of raw data collected by the student are best included in an appendix, where they should be carefully labelled. Too many graphs, charts and tables detract from the overall quality of the communication. Only processed data that is central to the argument of the essay should be included in the body of the essay, as close as possible to its first reference. Any tables should enhance a written explanation and should not themselves include significant bodies of text; if this is the case then these words will be included in the word count. Students must take care in their use of appendices as examiners are not required to read them. All information with direct relevance to the analysis, discussion and evaluation of the essay must be contained in the main body of the essay. Any material that is not original must be carefully acknowledged, with specific attention paid to the acknowledgment and referencing of quotes and ideas. This acknowledgment and referencing is applicable to audio-visual material, text, graphs and data published in print and electronic sources. If the referencing does not meet the minimum standard as indicated in the guide (name of author, date of publication, title of source and page numbers, as applicable), and is not consistently applied, work will be considered as a case of possible academic misconduct. A bibliography is essential and has to be presented in a standard format. Title page, table of contents, page numbers, etc must contribute to the quality of presentation. The essay must not exceed 4,000 words of narrative. Graphs, figures, calculations and diagrams are not included in the word count. Students should be aware that examiners will not read beyond the 4,000 word limit, nor assess any material presented thereafter. Criterion E: Engagement (Strands: Process, Research focus) This criterion is applied by the examiner at the end of the assessment of the essay, after considering the student’s Reflections on planning and progress Form (RPPF). It assesses the overall impression the examiner has with regard to the student’s engagement with the research process and their subject area. 153
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Overall Assessment The total score obtained, on the scale 0 to 36, will be used to determine in which of the following bands the extended essay is placed. This band, in conjunction with the band for Theory of Knowledge, determines the diploma points awarded for these two requirements. The overall award boundaries are: 28 – 34 Excellent A 22 – 27 Good B 15-21 Satisfactory C 7 -14 Mediocre D 0-6 Elementary E 13
The band descriptions are: A Work of an excellent standard B Work of a good standard C Work of a satisfactory standard D Work of a mediocre standard E Work of an elementary standard The band description provides the basis of reporting back to schools on each candidate’s performance in the extended essay requirement. Organising the Essay After careful outlining and drafting, it is likely that the majority of extended essays will follow a structure similar to that described below. Introduction The introduction should include: ▪ An indication of why the topic chosen is interesting, important or worthy of study ▪ Some background information and an attempt to place the topic in an appropriate context ▪ An indication of whether the topic has been narrowed to a focus of more manageable proportions ▪ A clearly and precisely stated research question ▪ A clear concluding statement of the thesis and argument, i.e. the response to the research ▪ Questions that will subsequently be developed in the body of the essay. Body / Development The essential feature of the major section, or body, of the essay is the systematic development of a convincing answer to the research question. The structure and the approach to this section will be shaped by the conventions of the particular subject in which the extended essay is being undertaken. Some subjects may require sub-headings for major sections within the main body. For example, scientific investigations will usually have separate sections for method and results. In some other subjects, however, sub-headings should be avoided because they disrupt the flow and unity of an essay. Conclusion The requirements of the conclusion are that it ▪ Is clearly stated ▪ Is relevant to the research question being investigated ▪ Is substantiated by the evidence presented ▪ Indicates issues, unresolved questions and new questions that have emerged from the research 14
Formal Presentation The extended essay should be written in a clear, correct and formal style appropriate to the subject from which the topic is drawn. The use of typewriters or word processors is encouraged. Length The upper limit is 4000 words for all extended essays. This upper limit includes the introduction, the body, the conclusion and any quotations, but does not include: ▪ The abstract ▪ Acknowledgements ▪ The contents page ▪ Maps, charts, diagrams, annotated illustrations and tables ▪ The references/bibliography ▪ Appendices. Essays in excess of 4000 words are subject to penalties and examiners are not required to read material in excess of the word limit. Abstract An abstract not exceeding 300 words must be included. It does not serve as an introduction but presents a synopsis of the extended essay, and therefore should be written last. The inclusion of an abstract is intended to encourage candidates to examine closely the development of an argument within the extended essay and the pertinence of any conclusions that are reached. It is also designed to allow readers to understand quickly the contents of the extended essay. It should be in past tense. The minimum requirements for the abstract are to state clearly: ▪ The research question being investigated ▪ The scope of the investigation ▪ The conclusion/s of the extended essay. The abstract should be on one side of a sheet of paper, and placed immediately after the title page. Contents Page A contents page must be provided at the beginning of the extended essay and all pages should be numbered. An index is not required. Illustrations Presentation and overall neatness are important, and it is essential that illustrative material, if included, is well set out and used effectively. Graphs, diagrams, tables and maps are effective only if they are well labeled and can be interpreted with ease. All such material, which is incorporated into the extended essay, must be directly related to the text and acknowledged where appropriate. The use of photographs and postcards is acceptable only if they are captioned and/or annotated and are used to illustrate a specific point made in the extended essay. 15
References / Bibliography The direct or indirect use of the words of another person, written, oral or electronic, must be acknowledged appropriately as must visual material in the essay, derived from another source. A candidate’s failure to comply with this requirement will be viewed as plagiarism, and will therefore be treated as a case of malpractice. The list of references should include only those works, such as books and journals, that have been referenced by the candidate. The APA form of quoting and documenting sources, should be applied consistently. Appendices Appendices are not an essential section of the extended essay and examiners are not required to read them, so care should be taken to include all information of direct relevance to the analysis and argument in the main part of the essay. Unless considered essential, complete lists of raw data should not be included in the extended essay. An extended essay should not constantly refer to material presented in an appendix as this may disrupt its continuity Works Cited in this guide Extended essay guide, [Book] / auth. Organization International Baccalaureate. - Cardiff, Wales : International Baccalaureate Organization, February 2017. 16
Time frame for Extended Essay Class of 2018 Timeframe for EE Class 2017. August 2015 Introduction to EE at Diploma Camp October 26th 2015 EE launch day Make choices of subject for EE November 13th 2015 Subjects chosen Supervisors allocated November 27th 2015 Proposal written in Managebac and approved by supervisor First meetings with supervisor January 15th 2016 Draft research question Reference List started Research begun February 24th 2016 EE Day in school Blocks 2-5 February 26th 2016 First formal reflection made in Managebac January 2016 - March 2016 Conduct research Keep research notes Make reference list March - April 2016 Create an outline for the essay April - June 2016 Write first draft June 1st 2016 Submit first draft to Supervisor Supervisor writes Semester Report and gives grade June 2016 Receive feedback from Supervisor and make a summer plan June 12th 2016 Second formal reflection made in Managebac September - December 2016 Revise draft Work with Supervisor Write reference list Compile final essay November 2016 Write Abstract, contents page and finish formatting the essay December 2nd 2016 Submit final essay Supervisor writes Semester Report and gives grade January – February 2017 Viva voce Final reflection made in Managebac Supervisor makes a comment on yellow cover sheet 17
Checklists EE Checklist and Timeline Activity Date to be completed Completed Decide what to research – Identify the topic and develop the research question Doing the research – locate the relevant sources, gather notes from each source Organizing the research – putting all the information in outline form in order to discover the best way to relay what you have discovered. Create subtopics – divide and present your research Analyzing the data – question what you have discovered and relate your concerns in the body of the essay Reach a conclusion – what did you learn? Are there unanswered questions? Do you feel you need to do more research? Writing the rough draft – write once, read over, make changes, Writing the rough draft - write a second time, read over, make changes Writing the rough draft - write a third time, hand to another person for critique, think about the comments/questions raised by the reader Write the final draft – edit for appearance, accuracy of citations, page numbers, appendices and illustrations (if used) Write the Abstract – summarize your research in 300 words Write a Table of Contents – organize and present the research for publication Insert Header – mark every page with your name and IB candidate number Electronic Copies – Turn in PDF and Word/Pages versions of essay 18
General Criteria Checklist Action Check 1 Is the essay within 4000 words? 2 Is there a Contents page? 3 Are all pages numbered? 4 Are all diagrams, charts and graphs indexed and labeled and sources referenced where applicable? 5 Are all necessary terms defined/explained? 6 Is every reference cited in APA style? 7 Are your references cited consistently and correctly? 8 Does the Reference List include all and only the works of reference you have consulted? 9 Does the Bibliography specify author(s), title, and date of publication and publisher for every reference? 10 Are the Bibliography sources cited consistently and correctly? 11 Does the Appendix contain only relevant information? 12 Are all references to the Appendix clearly cross-referenced and labeled? 13 Is your research question stated on the title page? 14 Is your research question stated and in bold in the Introduction? 15 Is your research question restated and in bold in the Conclusion? 16 Does your Conclusion address unresolved questions? 17 Does your Conclusion address new questions that have emerged? 18 Are your Introduction and Conclusion titled? 19 Is your Abstract within 300 words? 20 Does your Abstract contain the research question (in bold), the scope of the investigation and the conclusion reached? 19
Formatting Your IB Extended Essay The Final Draft DO ☺ DON’T " • Double space • Do not right justify • Include your last name, page number and • Do not put quotations in italics or bold font candidate number in top right corner of every • Don’t use BOTH in-text citations and page of the essay footnotes- this is redundant. • 1 inch margin all sides • Don’t overuse tables and charts such that • Indent at the start of paragraphs (tab) they break the flow in the paper (append • Bold your research question in the introduction them instead- however note that the IB • All in-text citations (Larson, 2011) must have a examiner is not required to read the appendix corresponding citation in the Reference List. so use your judgment). • Use italics to denote book titles within the body • Do not use photographs or images unless of the essay (do not underline) they illustrate a specific point. If used they • Use quotations sparingly and succinctly. must be captioned and/or annotated • Lengthy quotations (more than 3-4 lines) should • Don’t underline your title or put it in be indented and justified one inch rather than quotation marks placed in quotations • Don’t use a whimsical font- keep it formal • You may use headings to denote the various parts (Helvetica, Arial) of the paper but name them purposefully (not Body, Main, etc.) Order of Items • Title Page (main focus of the essay and not necessarily the research question) • Abstract (300 words... this is written last. Include abstract word count at bottom of page) • Contents page (all pages of essay included except for the title page, abstract and contents page) • Introduction • Body of essay (with section headers if desired) • Conclusion (EE word count on final page) • Reference List • Appendices The Reference List DO ☺ • Start on a new page • Centre title at the top (References, Works Consulted or Works Cited) • Double space 20
• Use a hanging indent (inspector>text>tabs> paragraph indent>left) This bumps the second line in. • Alphabetize by author’s last name or title of work (when author is unknown. For titles skip the words A, An and The to alphabetize) • When there are two-seven authors, use an ampersand & before the last author (Langston, S., Battye, R. & Clark, R. etc) • Capitalize only the first word of book titles and articles. Italicize the title and subtitle. • Cite any photos, maps, graphs at the bottom of the image as well as in the Reference List • Use the words “Retrieved from” before URLs • Label the resource medium at the end of the citation. (ie: Print. Web. Personal Interview.) DON’T " • Separate the sources into categories (ie: books, websites etc.) • Don’t use bullets or numbering • Don’t use “Unknown Author”- skip the author and go straight to the title. • Don’t use ‘ibid’ (this is Chicago style), if several sources are by the same author. Instead use three hyphens --- and then the title of the next work. Access the NIS APA guides located on the library website at: http://share.nanjing-school.com/library/library-home-2/apa-guides/ For more obscure citation types consult the “APA Long Version” on the library website or go to the library to browse the print guide: A Pocket Style Manual by Diana Hacker 2012. ! http://citationmachine.net/ ! http://owl.english.purdue.edu/owl/ 21
Appendix 1: APA Basic Guide 22
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