The module aims to develop an understanding of the modern practice of management. It enables the student to appreciate the appropriate operational management techniques, organisational processes and structure. It outlines business processes, financial statements, tax and business formation. It develops an understanding of regulation.
Management techniques
Management skills; planning, organisation, decising making, communication,meeting skills, work teams and groups, conflict and negotiation. Benchmarking.
Management of Organisation
Organisation structure; Organisational design and structure, job and design of work, organisational culture, challenges for managers and managing change.
Regulation and Standards
EU legislation; Directives, EMC,WEEE,LVD, Rohs. Regulatory bodies; ITU,ETSI,Comreg, NSAI.
Business Formation
Business start-up; feasibility study, business plans, innovation processes and intellectual property.
Business legal matters
Contracts; employment, business contracts. Legal responsibilities of managers; ethical conduct of work and respect for intellectual property.
Management of finance.
Financial accounts; Profit and loss accounts, Balance sheets, interpretation of management accounts and ratio analysis. Introduction to basic principles of income tax and company tax. The budgeting process: project investment and appraisal techniques.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 70 |
| Other Assessment(s) | 30 |