The purpose of this module is to introduce the learner to the dynamics of modern Business. The module aims to provide an insight into the key drivers of contemporary business and to highlight the foundations for a sustainable business model.
Foundations for Business
Climate for business, Influences and resources, Business activities and their contexts, the multiplier effect, competitiveness and quality management.
The effects of Globalisation
Modern context of globalisation, benefits and disadvantages to both business and society, Population shift and demand, Comparative advantage, current issues.
Ethics in Business
Ethical perspectives in business, compliance and social responsibility, mechanisms for conducting business in an ethical way, Leadership and commitment in Ethical practice movement, current issues.
Technology and Innovation
Impact of technological change on business, strategy and work practices, technology and the workforce, Resource, security and protection issues, Managing change.Innovation: Innovation and economic performance, Influences on innovation, Organisational aspects of innovation - culture, structure, strategy.
Managing Resources
Identifying and managing resources - physical, financial, human, information resources, Managing the organisation's assets, capabilities and processes, Coping with depleting resources, adopting business strategies to effect change.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Other Assessment(s) | 30 |
| Formal Examination | 70 |