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Parent Programme
Bachelor of Business (Level 7 NFQ)
NFQ Level & Reference
Level 6 / M1.3
Duration
12 Weeks X 3 Hours per week
MODULE TITLE
Business Management
STAGE
1
Module Credit Units
ECTS: 5

Business Management

Introducing Business Management

The Business Management program offers a comprehensive study of business organisations, their management, and the changing external environment. It fosters a spirit of learning, enabling students to explore business potential and internationalisation. The program develops learners' intellectual capabilities, equipping them with theoretical and practical knowledge for meaningful contributions in their professional and personal lives. By integrating various business modules, it ensures learners can apply specialised skills, critically evaluate, and solve problems in national and international contexts. Additionally, it emphasises ethical principles in business, promotes strategic thinking, and encourages effective strategy implementation.

Indicative Syllabus Content

Introduction to Business Management

  • Classical approaches to Business Management: Scientific Management, Bureaucracy,
  • Administrative Management, Human Relations
  • Contemporary Approaches to Business Management: Organisational Behaviour, System theory, Contingency theory
  • Management Process
  • Levels of Management and Management Skills
  • Mintzberg’s Management Roles
  • Crisis Management
  • Business Case Studies

External Environment

  • Social factors
  • Technological factors
  • Economic factors
  • Political- legal factors
  • Environmental factors
  • Customers, competitors, suppliers, distributors, investors, trade unions
  • Porter’s five forces

Planning

  • Types of planning
  • Strategic, tactical, operational, contingency
  • Management by objective
  • The planning process- SWOT analysis
  • The BCG Matrix

Organising and Controlling

  • The nature and importance of organising in business management
  • Components of organisational structure: organising employees and organisational structure
  • Universal approaches to organisational design
  • Formal Organisational Relationships: Line, Functional, Staff, Lateral
  • Span of Control
  • Decentralisation and Centralisation
  • Types of control, financial and non-financial

Motivation

  • Introduction to motivation
  • Content theories of motivation
  • Motivation and the reward system
  • Motivation and the design of work

Decision Making

  • The nature and importance of decision making
  • Types of decisions
  • Decision making conditions
  • The decision-making process
  • Individual and Group decision making
  • Business Analysis Techniques

The Management of Change

  • The nature and importance of change
  • Globalisation
  • Information and Communications technology
  • The changing nature of the labour force
  • Resistance to change
  • Planned organisational change
  • Managing the change process
  • Strategic, Business and Operational Change and how they are linked
  • Systems Development Life Cycle

Contemporary issues and ethics

  • Contemporary issues, ethics, and best practice in Business Management
  • Digital and Business Transformation * ESG – Environmental Social Governance

Minimum Intended Learning Outcomes (MIMLOs)

Upon successful completion of this module, the learner should be able to:
MIMLO1
Apply the key concepts and theories of management to a variety of business contexts (planning, motivating, decision making, controlling)
MIMLO2
Analyse the business environment through research sources, business data bases, and market Information Systems using appropriate Business Analysis Techniques
MIMLO3
Examine contemporary issues faced by modern businesses, including Digital Business Transformations, Crisis Management, ethics, and best practice for a variety of contexts .
MIMLO4
Distinguish between organising and organisational structure, how organisational culture impacts, sustainability and other factors can influence the pace of change.
MIMLO5
Explain organisational relationships and the factors driving and prohibiting change

Assessment

MIMLOs
Assessment
Percentage
1, 2, 3, 4, 5
In-class Individual Presentation
Total 100%
Written Academic Paper - Group
All Assessments

Reassessment Opportunity

Where the combined marks of the assessment and examination do not reach the pass mark the learner will be required to repeat the element of assessment that they failed. Reassessment materials will be published on Moodle after the Examination Board Meeting and will be aligned to the MIMLOs and learners will be capped at 40% unless there are personal mitigating circumstances.

Aims & Objectives

The aims of the Business Management module is to introduces learners to the principles of business in a management context with an intentionally broad based relevance and the many positions employed by various business functions. It aims to build confidence by enhancing interpersonal, communication, technology, business, and social skills, preparing students to be future industry leaders. Additionally, it ensures learners achieve academic proficiency for progression to higher-level programs.

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