| Effective Term: | 2024/05 |
| Institute / School : | Institute of Innovation, Science & Sustainability |
| Unit Title: | Management in a Global Business Environment |
| Unit ID: | BUMGT6921 |
| Credit Points: | 15.00 |
| Prerequisite(s): | Nil |
| Co-requisite(s): | Nil |
| Exclusion(s): | (BUMGT5920) |
| ASCED: | 080311 |
| Other Change: | |
| Brief description of the Unit |
This course is concerned with the nature of managing in global business. Specifically, the course considers unique or unpredicted demands placed on managers by new andchallenging business environments, and hence, implications for management development needs. The world of business is constantly being shaped and reshaped by social, economic, environmental and technological forces. As a result of the interdependent nature of these influences, the conduct of business in one part of the globe can have profound consequences for individuals, managers, businesses and communities in other locations worldwide. This course develops an evolving account of international business practices in the context of the environment in which they occur. Using a critical approach, the course examines theory and practice of management and organisations when operating across national and cultural borders. The implications of these practices for responsible management development are identified and discussed. |
| 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. | Identify the range of definitions, concepts and issues pertaining to the management process of global business |
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| K2. | Recognise major trends in the global business environment, in particular the effects of globalisation, information technology and global/international priorities (social, economic and environmental) |
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| K3. | Appraise the importance of cultural sensitivity and adaptability in the global business environment |
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| K4. | Recognise the interdependence of society, natural environment and the economy and the challenges/opportunities this presents to business |
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| Skills: |
| S1. | Identify relevant knowledge, skills and abilities, together with appropriate management development techniques, in order to plan an approach for effective, sustainable and responsible international management |
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| S2. | Formulate choices and justify decisions in international business strategy and operations |
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| S3. | Critically evaluate the importance of sustainability, cultural sensitivity and adaptability in the global business environment and how this understanding may help managers achieve organizational goals |
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| S4. | Provide leadership within a global context by taking responsibility for organization, planning, influencing and negotiating |
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| S5. | Contextualize the changing roles and responsibilities of business towards stakeholders, and the sustainability of production systems and economic paradigms and synthesize change management processes. |
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| S6. | Demonstrate capacity to operate as an informed and competent employee in a global environment. |
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| Application of knowledge and skills: |
| A1. | Apply suitable analytical techniques and models to identify global business impacts and to develop strategic business options and management recommendations in different cultures. |
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| A2. | Integrate social, environmental and economic perspectives into global business practice |
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| Unit Content: |
•Understanding Global Business Context
•The Nature of Global Management and Responding to Conflicting Environmental Forces
•Going Global: Motivations, Means and Mentalities
•Developing Transnational Strategy
•The Organizational Challenges (internal and external) & Strategy Implementation
•Leadership in a Global Environment
•Building Future Management Development in Global Business Context
•Corporate Social Responsibility and corporate strategy
•Sustainability on business management and strategic development |
| Graduate Attributes: |
| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1,K2,K3 S1, S2, S3, A2 | Demonstrate a critical understanding of international management challenges and practices | Individual Task | 10-30% | | 2. | K3,K4 S1,S2, S4, S5, S6, A1, A2 | Analyse and apply international management processes and strategies in the global business context | Group project | 30-50% | | 3. | K4, S1,S3, A1, A2 | Demonstrate knowledge and understanding of key concepts of management in a global environment | Exam | 30-50% |
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