Module Overview

Principles of Business 1

This module is an engaging and up to date introduction to core concepts of management and business. It provides a solid foundation for gaining the key skills required for business. In addition it familiarizes students with real world challenges and examples in a contemporary context.

Module Code

FNBS H1000

ECTS Credits


*Curricular information is subject to change

Planning & Decision making

Review of organisational architecture. Overview of planning & decisionmaking. Why managers plan. What managers need to know about strategic planning. How to set goals and develop plans. Contemporary issues in planning. How managers make decisions. The decision making process. How groups make decisions. Contemporary decision making issues.

Leadership & Trust

Overview of leadership. Who are today's leaders. Trait theories of leadership. Contingency theories of leadership. Exploring leadership and its relevance today. Why trust is the essence of leadership. The use of power and its ramifications for leadership.

Organisational Design & Control

Elements of organisational design. Contingency variables and their effects on structure. Common organisational design forms and design challenges. What control is and why it is important. Why managers control. Control methodologies. The contemporary control issues managers face.

Understanding Groups & Managing Teams

Defining groups. The stages of group development. How groups are turned into effective teams. Current issues faced by managers when managing teams.

Motivating & Rewarding Employees

Defining motivation. Overview of motivation theories. How contemporary theories explain motivation. Integrating contemporary motivation theory. How culture can affect motivation.

Learning and teaching will take place through the use of lectures, presentations and problem solving exercises in the module. In addition to using text based material, students will be expected to make extensive use of relevant websites, external online audio and video resources referred throughout the course.

Module Content & Assessment
Assessment Breakdown %
Formal Examination70
Other Assessment(s)30