| Effective Term: | 2024/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Contemporary Business |
| Unit ID: | BUMGT1502 |
| Credit Points: | 15.00 |
| Prerequisite(s): | Nil |
| Co-requisite(s): | Nil |
| Exclusion(s): | Nil |
| ASCED: | 080301 |
| Other Change: | |
| Brief description of the Unit |
This course delivers an accessible and comprehensive introduction to the nature, management, and organisation of business in contemporary society. The course will consider the array of societal and environmental factors now disrupting the ways business is being done and the new terrain managers must learn to navigate if they are to survive and thrive. Using a blend of text, audio video and interactive online activities, you will develop vital skills for study and for work in business, public or voluntary sector organisations. |
| Grade Scheme: | Graded (HD, D, C, P, MF, F, XF) |
| Work Experience Indicator: |
| No work experience |
| Placement Component: | |
| Supplementary Assessment:Yes |
| Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment |
| Course Level: |
| Level of Unit in Course | AQF Level(s) of Course | | 5 | 6 | 7 | 8 | 9 | 10 | | Introductory | | |  | | | | | Intermediate | | | | | | | | Advanced | | | | | | |
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| Learning Outcomes: |
| Knowledge: |
| K1. | Demonstrate an understanding of the forces that shape the business and economic structure in contemporary society. |
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| K2. | Synthesise knowledge from alternative perspectives and generate critical thinking and problem-solving solutions. |
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| K3. | Acquire knowledge and understanding of an emerging/contemporary business issue through examination of theory and practice. |
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| Skills: |
| S1. | Develop argumentation skills within contemporary societal debates, such as corporate social responsibility. |
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| S2. | Integrate discipline-specific knowledge and skills and apply subject knowledge critically, analytically and creatively to different bodies of knowledge or practice. |
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| S3. | Cultivate professional written and interpersonal competencies, including critical reflection on personal, social and practical issues in a team environment. |
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| Application of knowledge and skills: |
| A1. | Identify and evaluate the applicability of an emerging/contemporary business issue to a variety of contemporary business contexts. |
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| A2. | Apply problem-solving skills by addressing relevant managerial problems. |
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| Unit Content: |
Week Topic 1 What is business and how is it changing? 2 Managing with uncertainty 3 Globalisation 4 Competition and customer loyalty 5 Government policy and regulation 6 The big challenges for human society 7 Technological change and the digital economy 8 Diversity and society 9 Complexity 10 Information management 11 Managing uncertainty and problem solving 12 What is the future of business? |
| Graduate Attributes: |
| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1, K2, K3, S2, S3, A1 | Folio | Assignment | 20-30% | | 2. | K2, K3, S1, S2, S3, A1, A2 | Research task on a contemporary business | Assignment | 30-45% | | 3. | K1, K2, K3, S1, S2, S3, A1 | Presentation on research task | Presentation | 20-30% |
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