Module ACCT1051: Business Environment and Functions

Department: Accounting

ACCT1051: Business Environment and Functions

Tied To

• N204: Accounting and Management with Placement Year
• N206: Accounting and Management with Study Abroad
• N302: Accounting and Finance with Placement Year
• N304: Accounting and Finance with Study Abroad
• N305: Finance
• N306: Finance with Placement Year
• N307: Finance with Study Abroad
• NN42: Accounting and Management
• NN43: Accounting and Finance

Pre-requisites

Corequisites

Excluded Combinations

Aims

• To provide a fundamental foundation to the modern organisation and the global context in which it operates.
• To provide an overview of the work of various functions of a business and their interaction.

Content

• The purpose of business organisations
• Organisation structure and governance
• Leadership and Management
• Environmental factors, risk and strategic choice
• Managing change
• Groups and teams
• An overview of the work of the various business functions to include Human Resources, Marketing, and Operations Management
• The role of the functions in achieving business objectives and their relationship with the finance function
• The role of technology and information systems
• Corporate social responsibility, sustainability and ethics

Learning Outcomes

• At the end of the module students should be able to:
• Appreciate the impact of the external environment on organisations
• Understand the roles of the various functions in the success of the organisation
• Review the potential areas for conflict between the functions
• Appreciate (and apply) theories, models, frameworks and basic research methods to examine issues related specifically to the business environment and the functions of an organisation

• Apply theories, models, frameworks and basic research methods to examine issues related to the business environment and the functions of an organisation
• Identify ways for a business to improve cooperation between functions

• Problem solving
• Team working
• Presentation skills
• Written communication
• Computer literacy
• Self-management
• Team working

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Learning will take place through preparation for, and attendance at, lectures and seminars as well as through independent study. Seminars will require students to prepare by reading around a particular topic and preparing answers to set questions and case studies with discussion of these in class.
• Formative assessment is by a group presentation and a report of 1500 words on a key topic of business environment and functions allowing students to develop their teamwork skills, presentation skills and knowledge of the subject.
• Summative assessment is by means of a 2 hour written examination including a pre-seen case study.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment

Group presentation and report on a key topic.