Unit purpose and aim(s)
This unit develops an understanding of the principles of business and the different legal formations by which organisations operate. You will be introduced to common organisational structures and learn to evaluate quantitative and qualitative data to make judgements about the types of structures suitable for different businesses.
You will also look at the way organisations are managed at an operational and strategic level. This will include a review of the requirements for corporate governance, performance standards, operating procedures and ethical practice.
You will learn about organisational infrastructure and examine physical and human resources and their role in delivering organisational performance.
You will develop problem solving skills through the use of case study activities which will enable you to apply the theories and concepts covered in the unit in real-life contexts.
As you progress you will develop qualities and skills valued by employers such as the ability to use relevant management tools.
Assessed by exam.