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 Sustainable Business
Climate for business, Business activities and their contexts, Identifying Resources, the multiplier effect, balancing competitiveness and quality, Stages of Economic Growth.
The Impact of Globalisation
Modern context of globalisation, benefits and disadvantages to both business and society, Comparative advantage, The question of De-Globalisation, Current issues: Population shift and demand; Cybercrime; Corporate Governance; Diversity and Inclusion.
Integrating a sustainable Focus - People, Profit, Planet
Ethical perspectives for business and Society, compliance and social responsibility, ( Doughnut Economics, The Stakeholder View), Government Influence and Leadership in Sustainable practice. Mechanisms for conducting business in an ethical way, Principles of Donut Economics, Leadership and commitment in Ethical practice movement, Current Issues eg. UN Development Goals; Cop Agreements. Supporting a Circular Economy.
Innovation and Change
Impact of technological change on business, strategy and work practices, Managing change, Innovation and economic performance, Influences on innovation, Managing the organisation's assets, capabilities and processes, Organisational aspects of innovation - culture, structure, strategy. A Quality Focus.
| Module Content & Assessment | |
|---|---|
| Assessment Breakdown | % |
| Formal Examination | 60 |
| Other Assessment(s) | 40 |