20 credits at level HE4
This module introduces students to the wider business environment and to some of the key functional areas of business. The module aims to provide the opportunity to acquire skills and knowledge through work based learning which facilitates the development of understanding of how business operates in the service sector. It also aims to encourage students to explore links between what is learned on the course and the activities carried out in a service sector business
The wider business environment
•Demand and supply. Determination of equilibrium price and quantity.
•Concept of elasticity, elasticity of demand and supply.
•Market structure: perfect competition, monopoly, oligopoly and monopolistic competition.
•Multinationals and the impact of their activities on the UK and global economy.
•The European Economic Community
Selected functional areas
- Types of Organisations;what is an organisation
•Quality: the quality function
•Health and Safety: the H&S function
- Legislation-risk assessment
A combination of learning sessions, case studies/video supplemented by directed reading/research. Students will be introduced to the basic concepts and then will be required to apply and develop this understanding to their experiences in the work place.
It will be assessed by three separate pieces work which are
1. A 1500 word report addressing the impact of elements of the wider business environment on selected areas of the business the student works in.
2. A 1500 word written report on the organisational structure of the student's workplace and an analysis of selected key functions.
3. The production of an individual module log that provides evidence of the exploration of theory and practice and reflection upon the skills developed during the module. (40%).
when you have successfully completed this module you will:
to demonstrate that you have achieved the learning outcome you will:
|1.||Have understood the underlying theory relating to chosen elements of the business environment||Have produced a report that demonstrates understanding of the relevant concepts and applies them to your company.|
|2.||Have understood the activities of each key functions within a service sector company||Have produced a report that deals with the key functions|
|3.||Understand the main issues Involved and principles and practices used in selected key functions in a service sector business||Have produced a report that deals with the key functions|
|4.||Undertake a range of information gathering activities in the area of key functions||Identify and retrieve relevant information from various sources|
|5.||Demonstrate knowledge of the organisational structure.||Produce a report identifying and describing the organisational structure of your company.|
|6.||Have reflected on your knowledge||Generate evidence of self reflection via the log book|
Your achievement of the learning outcomes for this module will be tested as follows:
|Description||Individual written report||Individual written report||Individual log|
There are no prerequisites for this module.
No restrictions apply.
Begg, D, Fischer, S & Dornbusch, R (2003) “Economics”, McGraw-Hill.
Parking, M, Powell, M & Matthews, K (2003) “Economics”, Addison-Wesley.
Fardon, M. (2004) Foundation Business, Osborne Books.
Campbell David, (1994), Business for Non-Business Students, DP Publications, Aldine Place, London
Whitcomb Alan, (1994), Comprehensive Business Studies 4th Ed., PITMAN
Hannagan, Tim, (1998), Management : concepts and practices, Financial Times Management
Heizer, Jay, and Render, Barry, (2004), Principles of operations management, 5th Ed. Upper Saddle River, N.J. : Pearson
Ridley, John, (2003), Safety at work, 6th Ed. Oxford : Butterworth-Heinemann
Ridley, John, Channing, John (1999), Risk management, Oxford : Butterworth-Heinemann
Stranks, Jeremy, (2002), The handbook of health and safety practice, Prentice Hall
|Host Subject Group:||Business Studies|
|User Name||Date Accessed||Action|