Overview

The main topics covered are:

a) Types of business, ownership and organisation; starting a business and the ways in which a business may be financed

b) Defining and classifying business organisations, contrasting and comparing organisations in the private, public and not-for-profit sectors

c) Issues around business ethics, corporate social responsibility and sustainability

d) Roles and function of management; various approaches to and styles of management and development of different theories of management

e) Organisational structures, strategic planning, financial and quality control

Assessment Strategy

-threshold -Grade DStudent has demonstrated sufficient understanding and knowledge of the topics studied to achieve the lowest level of pass which secures progression onto an undergraduate degree programme.

-good -Grade BStudent has shown a sound basic knowledge of most aspects of the materials and issues studied and has achieved a high enough grade overall to have shown clear suitability for study at undergraduate level.

-excellent -Grade AStudent has engaged thoroughly with all aspects of the topics studied and has achieved a strong overall grade which demonstrates a high level of suitability for undergraduate study.

Learning Outcomes

• Demonstrate an understanding around the responsibilities of business and of the need for responsible behaviour

• Demonstrate an understanding of business types and of financing a business

• Demonstrate an understanding of the challenges facing contemporary businesses and their leaders

• Explain different functions of management in terms of strategic planning, efficiency and the maintenance of high quality and standards of product and service

• Explain the different types of businesses and of the ways in which businesses are run