Gwybodaeth Modiwlau
Module Identifier
AB25720
Module Title
Fundamentals of Management and Business
Academic Year
2024/2025
Co-ordinator
Semester
Semester 1
Pre-Requisite
Exclusive (Any Acad Year)
Reading List
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
- NB This module is open for registration for Business Information Technology Year 2 Students only****************** 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.
Aims
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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
• 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 5