Introduction to Business
Rhedir gan Marketing: Bangor International College
20.000 Credyd neu 10.000 Credyd ECTS
Semester 1 a 2
Trefnydd: Mrs Laura McKenzie
- To provide students with an understanding of a range of activities associated with corporate, operational, functional aims, objectives, strategies and strategic decision making.
- To provide the students with an appreciation of some of the ethical and environmental issues affecting a business in relation to staff, customers and society, and the external influences affecting a business including; economic, governmental, legal, and technological.
- To provide students with an appreciation of the effectiveness of a business in terms of tactical decision making, operational management, managing people, understanding organisational structures, and the relationship between management and shareholders.
- To provide students with an understanding of the key elements of human resource management including; resource planning, the recruitment process, retaining and motivating employees, measuring and monitoring employee performance, appraisals, different working practices and the key features of motivational theory.
- To provide the students with an appreciation of the problems associated with the causes of change, managing and implementing change in a business.
- To introduce the objectives and theory of marketing as a business function, the central focus being on the process by which organisations identify customer needs and wants, determine which target markets can best be served, and design appropriate products, services and programmes to serve these markets.
Starting a Business – business planning, market research, raising finance, risk and reward, business ideas and protection, employing people, business types, business structures and locations.
Tactical Decision Making and Managing People – organisational structures, span of control, chain of command, levels of authority, communication, centralised and decentralised decision making, the relationship between management and shareholders.
Human Resource Management – the recruitment process, overview of the key elements of employment law, remuneration, retaining and motivating employees, motivational theory e.g. Herzberg & Maslow’s theories, monitoring and measuring performance and appraisals.
Working Practices – training, team working, flexible working, TQM, and productivity.
Operations and Operational Management – capacity utilisation, quality, technology in operations, customer service, decision making, management styles, group dynamics, consultation, and delegation.
Marketing – the market, market research, marketing mix, purchasing behaviour, niche and mass markets, segmentation, market conditions, determinants of competitiveness, improving competitiveness, e-commerce, international marketing, marketing objectives, marketing strategies, analysing markets and trends, and developing marketing plans
Product Development & Life Cycle – Research & Development, lifecycle of the product.
Managing Change – causes of change, risk and uncertainty, planning for change, leadership change, changes in ownership, changes in competitive structure, implementing and managing change
Corporate Aims & Strategies – aims, mission, culture, corporate and functional objectives & strategies, responsibilities to stakeholders and society
External influences on a business – government policy, economic factors, industrial and international location, globalisation, multinationals, competitive environment and the technological environment
Ethics, The Environment & Social Responsibility – ethical and environmental issues in relation to staff, consumers and society.
Business Analysis – including: data analysis, market analysis, measuring performance in financial and non-financial terms and decision making
Good (C- to B+) (50-69%)
Student has demonstrated a sound, basic knowledge of most of the topics and issues covered in the module and achieved a grade showing clear suitability for study at undergraduate degree level.
Threshold (D- to D+) (40-49%)
Student has shown sufficient grasp of some of the topics studied to have achieved the lowest level of pass which allows progression onto an undergraduate degree programme
Excellent (A- to A*) (70-100%)
Student has demonstrated consistent engagement with all topics and issues studied in the module and attained a grade which shows the ability to study effectively at undergraduate degree level.
Evaluate and discuss on recent development in marketing : digital technologies in marketing and advertising, profit and non-profit organisations( i.e. social marketing)principles and ethics, and cultural influences in global/international marketing
Evaluate and comment on the effectiveness of marketing strategies including Marketing Mix (4Ps), marketing segmentation, targeting and positioning (STP), Brand management
Evaluate and comment on the effectiveness of a business in terms of organisational structure, strategic decision making, operational management, and working practices.
Describe and analyse the role of human resource management in staff planning, the recruitment process, staff development and training, retaining and motivating staff, monitoring and measuring staff performance.
Evaluate and comment on the effectiveness of a business in terms of its corporate, operational and functional aims and strategies, managing change, marketing strategies and its approach to decision making.
Conduct independent research on a specified subject area, identify the key points from the information collected, consolidate, summarise, and present the information in an appropriate business format.
Identify, describe and comment on some of the key issues surrounding business ethics and corporate social responsibility
Identify, analyse and evaluate the external influences on a business including; economic, legal, governmental, technological and international factors.
|Term 1 Exam - open book (research notes)||25.00|
|Term 1 - Group Presentation - business plan / pitch||25.00|
|Term 2 - Case Study Analysis||25.00|
|Term 2 Exam - closed book||25.00|
Strategaeth addysgu a dysgu
Private study - 5 hours a week
Lectures - 1 hour a week
Seminars - 4 hours a week
- Llythrennedd - Medrusrwydd mewn darllen ac ysgrifennu drwy amrywiaeth o gyfryngau
- Hunanreolaeth - Gallu gweithio mewn ffordd effeithlon, prydlon a threfnus. Gallu edrych ar ganlyniadau tasgau a digwyddiadau, a barnu lefelau o ansawdd a phwysigrwydd
- Archwilio - Gallu ymchwilio ac ystyried dewisiadau eraill
- Adalw gwybodaeth - Gallu mynd at wahanol ac amrywiol ffynonellau gwybodaeth
- Dadansoddi Beirniadol & Datrys Problem - Gallu dadelfennu a dadansoddi problemau neu sefyllfaoedd cymhleth. Gallu canfod atebion i broblemau drwy ddadansoddiadau ac archwilio posibiliadau
- Cyflwyniad - Gallu cyflwyno gwybodaeth ac esboniadau yn glir i gynulleidfa. Trwy gyfryngau ysgrifenedig neu ar lafar yn glir a hyderus.
- Rheloaeth - Gallu defnyddio, cydlynu a rheoli adnoddau (dynol, ffisegol ac/neu ariannol)
- Dadl - Gallu cyflwyno, trafod a chyfiawnhau barn neu lwybr gweithredu, naill ai gydag unigolyn neu mewn grwˆp ehangach
- Hunanymwybyddiaeth & Ystyried - Bod yn ymwybodol o'ch cryfderau, gwendidau, nodau ac amcanion eich hun. Gallu adolygu ,cloriannu a myfyrio'n rheolaidd ar eich perfformiad eich hun ac eraill.
Sgiliau pwnc penodol
Ability to work collaboratively on group assignments and be involved in team work
Ability to work with people from a range of cultures; being sensitive to diversity
Communication and listening in order to be able to produce business communication and explain ideas and terms effectively
To plan, organise and manage time
Buchanan, D. & Huczynski, A. (2017) Organizational Behaviour. (9th Ed.) Pearson: New York Marketing, An Introduction (2015) Gary Armstrong Pearson Education Limited
Cyrsiau sy’n cynnwys y modiwl hwn
Gorfodol mewn cyrsiau:
- N406: BSc Accounting and Finance (Bangor International College) year 1 (BSC/BICAF)
- N324: BSc Banking and Finance (Bangor International College) year 1 (BSC/BICBF)
- N105: BSc Business Studies (Bangor International College) year 1 (BSC/BICBS)
- N106: BSc Business Stud & Finance (Bangor International College) year 1 (BSC/BICBSF)
- NN24: BSc Management with Account (Bangor International College) year 1 (BSC/BICMNA)
- N503: BSc Marketing (Bangor International College) year 1 (BSC/BICMRK)