Core unit description
Get set for your business success
The four score units of Stage 1 designed specifically to introduce many facets of business management in the global context and also draw all of your learning together under the concept of strategic implementation and business management. Here’s just a taste of what awaits you.
Contemporary People Management
The unit serves as an introduction to human resource management for those considering careers in employment relations and those who will potentially have people management responsibilities.
HR processes and practices are studied in contexts and with a consideration of stakeholders’ interests, leading to an appreciation of the contribution of human resource management to organisational success. Students will evaluate particular approaches to human resource management through analysing real-world cases and practical activities.
Financial Reports for Decision Making
This unit focuses on developing the ability to use accounting information, as extracted from financial reports, to assist with managerial decision making. Students will gain financial literacy through developing an understanding of the information contained in financial reports and
applying this information to practical decisions. This unit emphasises the function of both financial and management accounting in measuring, processing and communicating information useful for decision making.
Integrated Business Experience
This unit takes this multi-faceted approach by utilizing the knowledge gained in earlier units and applying this via case studies. An international focus provides students with the opportunity to consider issues on a much broader scale. Students will be expected to work with a group simulation to solve common issues facing organisations using critical, integrative and creative thinking.
This unit presents a broad overview of economics to provide students with the tools to succeed in business, finance, government and other organisations. Students will reflect critically on microeconomics, macroeconomics, ethical, social, and environmental responsibility and the
state of the global economy. In microeconomics, the emphasis is on the economics of large organisations; their behaviour, the different market structures within which they exist, their interaction with the State through regulation, taxation and public programs and their ethical responsibilities. Organisations also exist within a macro- and global economy subject to cycles, crisis and inequalities. Students will be given the tools to understand how cycles and crisis occur, the government policy which can be used to respond to them and the uneven development
of different countries and cultural groups in the global economy.