| Effective Term: | 2024/05 |
| Institute / School : | Federation TAFE |
| Unit Title: | Introduction to Business Law |
| Unit ID: | GPFSP1301 |
| Credit Points: | 15.00 |
| Prerequisite(s): | Nil |
| Co-requisite(s): | Nil |
| Exclusion(s): | Nil |
| ASCED: | 120199 |
| Other Change: | |
| Brief description of the Unit |
Introduction to Business and Law aims to introduce students to the interaction between business and the law. Fundamental issues in the operation and performance of businesses are considered. This discussion is extended into a problem-solving approach to the interactions between businesses and the law. The material will include individual and group work to demonstrate the breadth of skills required to analyse business and legal concerns. |
| 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 | | | | | | |
|
| Learning Outcomes: |
| Knowledge: |
| K1. | Understand the importance of a world economy and its relationship to business and law. |
|
| K2. | Appreciate the key elements of a business including planning, implementing, and monitoring. |
|
| K3. | Understand the legal implications of operating a business. |
|
| Skills: |
| S1. | Analyse, review and comment on business relevant documents / functions. |
|
| S2. | Devise and implement problem solving strategies which can be applied to a range of business and legal problems. |
|
| S3. | Collaborate effectively with peers while participating in a range of learning tasks for higher studies. |
|
| Application of knowledge and skills: |
| A1. | Adapt the knowledge and skills learnt to new and diverse contexts within business and law. |
|
| A2. | Apply knowledge of academic integrity and performance expectations to a range of assessment practices featured in higher degree programs. |
|
| Unit Content: |
Topics may include: Introduction to the nature of a world economy, and factors that influence this economy. Introduction to fundamental business and legal practices including: Planning, Accounting, Marketing, Operations, Legal structures. Review of business and legal documents / functions required for the operation of a business. Tools used to determine the performance of a business. Decision making when faced with variables when operating a business. Presentations, and activities to promote early engagement in higher learning contexts |
| Graduate Attributes: |
| | Learning Outcomes Assessed | Assessment Tasks | Assessment Type | Weighting | | 1. | K1, K2, K3, S1, S2, S3, A1, A2 | Practical demonstrations of basic Business and Law skills. Projects, Reports, and/or Presentation covering a range of taught Business and Law related topics | Project/Presentation/Report | 50-70% | | 2. | K1, K2, K3, S1, S2, A1, A2 | Quizzes and/or tests covering a range of taught fundamental Business and Law topics | Quizzes/Test | 30-50% |
|