Gwybodaeth Modiwlau

Module Identifier
AB15120
Module Title
Fundamentals of Management and Business
Academic Year
2023/2024
Co-ordinator
Semester
Semester 1
Exclusive (Any Acad Year)
Other Staff

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Written report  (2,000 words)  20%
Semester Assessment Written essay  (2,000 words)  20%
Semester Exam 2 Hours   60%
Supplementary Assessment Written essay  (2,000 words, students must take elements of assessments equivalent to those that lead to the failure of the module)  20%
Supplementary Assessment Written report  (2,000 words, students must take elements of assessments equivalent to those that lead to the failure of the module)  20%
Supplementary Exam 2 Hours   (Students must take elements of assessments equivalent to those that lead to the failure of the module)  60%

Learning Outcomes

On successful completion of this module students should be able to:

Analyse core competences needed for effective management and understand the contribution of key management thinkers.

Demonstrate knowledge and understanding of the relationship between management and organisation.

Identify and discuss contemporary debates in management theory, such as processes of communication, and forms of control.

Explain and evaluate the interaction of internal and external environments.

Identify and discuss policies appropriate to shaping the internal environment of a business organization in line with the exogenous elements of the business environment.

Analyse and evaluate business environment using techniques such as PESTEL.

Brief description

This module introduces theoretical concepts and practical implications relating to people in organizations, and the relationship between management and organization. The module examines the internal and external forces that impact on operations in a contemporary business environment. A survey of the historical development of the concept and practice of management is used to introduce the concepts of power, control, accountability and motivation and their practical implications. The module provides coverage of key management thinkers and management models.

Content

• The business environment: tools of analysis
• Economic environment: globalization and internationalization
• Economic environment: Economy, regionalization, multilateralism and international trade
• Technological environment: Innovation, IPR and knowledge transfer
• Political environment: national and global context
• Socio-cultural environment: culture and change
• Ethical business: environment, business ethics and CSR
• The global dynamics of business environment: current globalization issues
• The role of the manager
• Management theory and management/leadership
• Motivation theories and decision making
• Communication, conflict and negotiation
• Management: international versus entrepreneurship
• Change, strategy and planning
• Intuition, innovation and creativity
• Operations management and control

Module Skills

Skills Type Skills details
Application of Number Analysis of company reports and other numerical data.
Communication Develop communications skills including discussion and listening skills. Improve literacy skills by reading and writing about management and business.
Improving own Learning and Performance Devise and apply realistic self-learning strategies, review and monitor overall performance, be aware of time management techniques.
Information Technology Use a range of commonly used software packages. Present information and data. Use email /internet appropriately and effectively.
Personal Development and Career planning Students will be able to use the skills learnt in this module to enhance their career opportunities. They will also be aware of Students will be able to use the skills learnt in this module to enhance their career opportunities. They will also be aware of the importance of organizing and managing sources of knowledge.
Problem solving Identify problems. Identify factors which might influence potential solutions. Develop creative thinking approaches to problem solving. Evaluate advantages and disadvantages of potential solutions. Construct a rational proposal in response to problem.
Research skills Carry out research into current thinking in the areas of management and business. Identify relevant source material and journal articles for assignments.
Subject Specific Skills Students will be aware of the importance of organizing and managing sources of knowledge and keeping up to date with the latest developments in management and business.
Team work Understand the concept of group dynamics, contribute effectively and participate in group discussions and group presentation.

Notes

This module is at CQFW Level 4