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Description of unit
The aim of this unit is to give learners the fundamental knowledge of a range of business organisations, and the many factors that shape the nature of organisations operating in an increasingly complex business world.
The unit introduces learners to a range of business activities. They will consider the purposes of different organisations and the influence of stakeholders and how businesses organise themselves through strategic planning and organisational structures.
Description of unit
The aim of this unit is to develop learner knowledge of the range of human, physical, technological and financial resources required in an organisation, and how the management of these resources can impact on business performance.
At the core of every organisation are the human, physical, technological and financial resources that enable it to function. This unit will give learners a broad understanding of the importance organisations place on managing their resources efficiently in order to achieve their objectives. It is important that learners are able to relate their understanding of resource management to a real organisation. This will provide an essential link between theory and practice.
Description of unit
The aim and purpose of this unit is to give learners an understanding of how marketing, research and planning and the marketing mix are used by all organisations.
The unit gives a brief overview of the principles of marketing or can be used as a basis for further studyof specialist marketing units.
Description of unit
The aim of this unit is to show learners that the collection and management of business information, and the successful communication of that information throughout a business, is critical for the future prosperity of the organisation.
People need to become skilled manipulators and users of information to ensure organisations become more efficient and succeed in achieving their stated purposes. Since the development of the personal computer and more recently the internet, communication methods have changed significantly. Gathering relevant information from a range of sources is a skill that needs to be developed using electronic and non-electronic sources.
Description of unit
The aim of this unit is to enable learners to understand how important management accounting is to all businesses. It looks at costing and budgeting, and how to use current or historical financial data to plan for the effective finances and costs of the business for the future.
On completion of this unit, learners will have a good appreciation of the skills and understanding necessary to manage the finances of an organisation. They will be able to assess the problems highlighted by variance analysis and make realistic decisions on the likely courses of action.
Description of unit
The aim of this unit is to introduce learners to recruitment and the importance of ensuring that the best people are selected to work in organisations. Learners will study selection and recruitment techniques and will set up, and take part in, a selection interview.
Recruiting the right people is the key to the success of many organisations. These organisations ensure that the processes and procedures involved in recruitment and selection meet their needs and are legal. In this unit, learners will develop an understanding of the impact of the regulatory framework on the recruitment process.
Description of unit
The aim of this unit is to introduce learners to methods of managing human resources in the workplace. Learners will use their knowledge of relevant human resources management theory and link it with current human resource management practices in organisations.
Human resource management is a dynamic activity in any organisation as it takes place against a changing economic, technical, legal and social background. It is important for learners to appreciate that effective human resource management means getting the best out of the people who work for an organisation in order to ensure the organisation fulfils its purposes, whether it is a football club winning the premiership, or a hospital increasing the success rates for medical operations.
Description of unit
The aim of this unit is to enable learners to understand the importance of providing accurate business information to support decision making in an organisation, and to develop the skills and knowledge needed to manipulate data management software to produce information in a suitable format.
The first part of this unit explores the importance of business information and looks at its purpose and uses for business decision making. Factors that influence this such as legal issues, are investigated. The second part of the unit focuses on how technological change has provided an infrastructure for processing information that now provides organisations with a wide range of accurate and up-to-date information. Learners will have the opportunity to develop skills and knowledge in manipulating information in data management software to produce information in suitable formats to help with decision making.
Description of unit
The aim of this unit is to provide an overview of the use of the internet by business organisations and to develop learners’ skills so that they become proficient business users of the internet.
Having developed a fuller understanding of the range of uses of the internet and worldwide web, learners will then explore the reasons behind the trends by examining the benefits of internet use from the points of view of organisations and customers. They will also examine the implications of competitive pressures on organisations as e-business has grown.
Description of unit
The aim of this unit is to enable learners to understand the skills needed to set up and run a business, and the regulations that need to be complied with, and to have the opportunity to prepare a detailed business plan.
This unit gives learners the opportunity to consider their business idea within structured business parameters, such as the type of business, the attractiveness of the business idea, the target market and the need to balance personal and business needs. Learners will also consider their ability to run the business, including the skills they already have to support the business idea and what personal development they may have to undertake in order for the venture to be successful.
Description of unit
The aim of this unit is to introduce learners to the interaction between the general economic environment and business activity and how the interactions generate national wellbeing. Learners will study how government activities regulate and influence business activities and how business activities influence government action and policy.