| Effective Term: | 2022/17 |
| Institute / School : | Global Professional School |
| 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: |
| Placement Component: No |
| Supplementary Assessment: |
| 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: |
| After successfully completing this course students will be able to: |
| Knowledge: |
| K1. | Understand the importance of a world economy and its relationship to business and law. |
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| K2. | Appreciate the key elements of a business including planning, implementing, and monitoring. |
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| K3. | Understand the legal implications of operating a business. |
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| Skills: |
| S1. | Analyse, review and comment on business relevant documents / functions. |
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| S2. | Devise and implement problem solving strategies which can be applied to a range of business and legal problems. |
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| S3. | Collaborate effectively with peers while participating in a range of learning tasks for higher studies. |
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| Application of knowledge and skills: |
| A1. | Adapt the knowledge and skills learnt to new and diverse contexts within business and law. |
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| A2. | Apply knowledge of academic integrity and performance expectations to a range of assessment practices featured in higher degree programs. |
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| 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
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| Values: |
| V1. | Develop the ability to work responsibly, independently and in collaboration with others. |
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| V2. | Develop Intercultural and professional communication skills. |
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| V3. | Values the processes and procedures for collaborative project work including decision making processes, discussion processes, problem solving and creative applications. |
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| V4. | Develop strategies and skills for academic and cultural transitions. |
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| Graduate Attributes: |
| The Federation University graduate attributes (GA) are entrenched in the Higher Education Graduate Attributes Policy (LT1228).Federation University Australia graduates develop these graduate attributes through their engagement in explicit learning and teaching and assessment tasks that are embedded in all Federation Courses. Graduate attribute attainment typically follows an incremental development process mapped through Course progression. One or more graduate attributes must be evident in the specified learning outcomes and assessment for each Federation University Australia Unit, and all attributes must be directly assessed in each Course. |
| Graduate attribute and descriptor | Development and acquisition of GAs in the Unit | Learning outcomes
(KSA) | Assessment task
(AT#) | GA 1
Thinkers | Our graduates are curious, reflective and critical. Able to analyse the world in a way that generates valued insights, they are change makers seeking and creating new solutions. | K1, K2, K3, S1, S2, S3, A1, A2 | AT1, AT2 | GA 2
Innovators | Our graduates have ideas and are able to realise their dreams. They think and act creatively to achieve and inspire positive change. | K1, K2, K3, S2, S3, A1, A2 | AT1, AT2 | GA 3
Citizens | Our graduates engage in socially and culturally appropriate ways to advance individual, community and global well-being. They are socially and environmentally aware, acting ethically, equitably and compassionately. | K1, K2, K3, S2, S3, A1, A2 | AT1, AT2 | GA 4
Communicators | Our graduates create, exchange, impart and convey information, ideas, and concepts effectively. They are respectful, inclusive and empathetic towards their audience, and express thoughts, feelings and information in ways that help others to understand. | K1, K2, K3, S1, S2, S3, A1, A2 | AT1, AT2 | GA 5
Leaders | Our graduates display and promote positive behaviours, and aspire to make a difference. They act with integrity, are receptive to alternatives and foster sustainable and resilient practices. | K1, K2, K3, S2, S3, A1, A2 | AT1, AT2 |
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| | 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% |
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